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

To: koan who wrote (82239)	9/7/2010 11:53:40 PM
From: tejek	Respond to of 149317

<<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? What did they predict? The US economy is in recovery. So what exactly were these 'geniuses' predicting?>> I guess you didn't know. Krugman and Stiglitz said over and over and over the stimulus was far too small and there would be no political will to go back. What Krugman, Stiglitz et al don't seem to recognize is that there was not the political will back then to make the stimulus bigger back then. In fact, the stimulus that did pass barely. What's infuriating is that they these ridiculously pompous people don't want to acknowledge that important factoid. Instead, they like hearing the sound of their own voices. That's why increasingly people are ignoring them. They both shouted it from the house tops. Probably why Obama didn't want them. They were both loose cannons. They tell the truth, like Warren. It didn't take a rocket scientist to know that bigger would have been better when it came to the stimulus. Why are you so impressed with these people? And Stiglitz said to run the money to the big banks through the middle class. The banks got their money no questions asked and no requirments and now they are skinning us alive by controlling the captial markets to a disastrous degree. How are they controlling the capital markets? Now geithner says: "well I guess I should have put some conditions on the money!! Funny, the TARP conditions were set up under Paulson, not Geithner.