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Sunday, April 15, 2012

How Krugman Would Ru(i)n Steve Jobs’ Apple

The Left considers Steve Jobs, the charismatic PC pioneer, a self-centered individualist, who did not to conform to elite etiquette. As Warren Buffet and Bill Gates gave away money with great fanfare, Jobs quietly devoted himself to creating value in Apple. He was conspicuously silent as Buffet recruited the super rich to argue for higher taxes. He told President Obama unwelcome truths (“Apple jobs are not coming back to America”).  He advocated school vouchers and he emphasized the importance of the family (oral history interview). He did not dash to DC to testify on the latest fad or navigate the elite cocktail party circuit. He had more important things to do.

Although Steve Jobs was a major donor to Democrat causes, his errant behavior did not sit well with the “progressive” political class. Now six months after his death at age 46, the attack on his legacy is in full swing, fueled by Apple Computer’s new status as the world’s richest corporation.

The Left’s standard bearer, Paul Krugman  snidely labels Steve Jobs (Jobs, Jobs, and Cars) the “heroic entrepreneur, the John Galt, I mean Steve Jobs-type ‘job creator’ Republicans love.”  Krugman rates Jobs’ achievements as inconsequential relative to Obama’s Detroit bailout – “the single most successful policy initiative of recent years.” Per Krugman, real heroes preserve vital “economic ecology and industrial clusters,” even if it takes taxpayer money. The heroes are not rugged individualists but union-industry-government partners, who, according to Obama’s State of the Union address, “work as a team” and “get each other’s backs.” 

go to Forbes.com

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