Two Gray Ladies in One!

Liberals talk about circumstances; conservatives talk about character.

This intellectual divide is most obvious when the subject is the persistence of poverty in a wealthy nation. Liberals focus on the stagnation of real wages and the disappearance of jobs offering middle-class incomes, as well as the constant insecurity that comes with not having reliable jobs or assets.

— Paul Krugman, “The Show-Off Society,” September 25, 2014. (Link safe, goes to Kevin Williamson’s recent article on ‘The Gelded Age” and the left’s obsession over fighting “income inequality,” in-between shopping at Saks and dining at the Four Seasons.

The New York Times has announced that it will eliminate roughly 100 jobs from its newsroom through buyouts and, if need be, layoffs.

The cuts, announced Wednesday by Times publisher Arthur Sulzberger Jr. and chief executive Mark Thompson, are part of the Times’ larger effort to stem costs and restructure for a more digital future. The Times has already eliminated at least 230 newsroom positions since 2008, even as it continues to staff up on the digital and development side. The new cutbacks should leave the Times with roughly 1,200 newsroom staff.

—The Politico, today. No word yet if the Timespeople who don’t know who Shylock and Friedrich Hayek were or what’s an editorial were among those laid off.

(Via 5’F)

Related: As Northeast state governments adopt more and more of the Times’ recommended economic and social policies, voters (and potential Times subscribers) flee to the sunbelt. “While the states from Pennsylvania to Maine had 141 House members in 1950, they are down to 85 today, a drop of some 40 percent.”