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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?

To: tejek who wrote (82186)	9/7/2010 12:14:41 PM
From: koan	Read Replies (3) \| Respond to of 149317

<<Here it is, the economic truth in a nut shell and all of Obama's economists missed it. How? You and Krugman are blue dogs....always whining with 20/20 hindsight. Boring!>> But that is exactly the point. Krugman and Stiglitz said from day one the stimulus was too small. Those guys had worked out the numbers; and the political will would not be there for a second chance. Both Krugman and stiglitz predicted this from the start. Don't you think if a person predicts something and is right on they should be given credit? Krugman and Stiglitz were correct and Summers and Geithner were wrong. Volker was also marginalized in favor of summers and Geithner. Some say Chistina Roemer quit because she said the stimulus would hold unemployment at 8%. A line the administration stuck to for a long time.