Wednesday, March 25, 2009

The great Krugman/Obama smackdown

The Last Chance Democracy Cafe expounds on a quandary I find myself in. I'm not alone! A 'recommended read'. Links and comments.

Like many Obama-Krugman groupies, I find myself torn. My instincts tell me to trust Barack Obama’s bank rescue plan: underestimating him, after all, generally proves to be a mistake. Yet, when it comes to economics, for me, Paul Krugman’s the man.

So what am I supposed to think now that Krugman is attacking Obama’s proposal with all the vigor of Rush Limbaugh tearing into a plate of Viagra coated spareribs? [...]

Sorry. I shoulda warned ya...

Taking all this together, I had just about convinced myself Krugman was right and Obama wrong. But the more I dig into the subject, the more I’m starting to doubt this. Instead, I’m now pretty much convinced that they’re both right. They’re just right about different things.

I'm still confused, but I feel better now. Go read and make up your own mind. After all, that's the way us Dems/Progressives roll.

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