The author of "The Path Not Taken," Paul Krugman, has wrote as an Op-Ed columnist for the New York Times since 1999. He is also a professor of Economics and International Affairs at Princeton University; therefore his opinion on the coping strategies of certain countries through these hard economic times expressed in this piece is knowledgeable. This editorial was specifically prompted by his visit to Iceland, where economists discussed how Iceland was handling their economic situation differently than other countries (exigence). Krugman explains that many European countries and the United States took the approach of cutting spending and bailing out banks at the cost of unemployment and hurting workers. He refutes their claims that this was the only approach; Iceland let its banks go bankrupt and “expanded its social safety net”. Krugman indicates that he would have rather seen the United States employ Iceland’s approach rather than their “‘fiscal consolidation’” approach (purpose) through rhetorical devices:
- diction: by using simple words rather than economic jargon (“an economy that is 18 percent smaller..” instead of something like, “The GNP is 18 percent lower...”), Krugman expands his audience beyond other economists to the public.
- repetition: in two consecutive sentences, Krugman used the term “slump” three times, which emphasized the economic repression.
- tone: for most of the piece, the tone was a bit depressing because Krugman continuously bashed the United States government for their costly economic coping strategy. However, because he was writing for an American newspaper: “It [the suffering of so many citizens because of the economic crisis] didn’t and doesn’t have to be this way.” With this last line, the tone switches to hopeful, which appeals to his American audience and encourages them to agree with his opinion.
I do not think Krugman accomplished his purpose because, although he did a thorough job in pointing out the failures of the bank-bail-out plan employed by the Unites States, he did not explain what Iceland was specifically doing (other than not bailing out banks) in their economic plan. This omission prevented the audience from being persuaded that the United States should copy Iceland’s economic plan.