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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?


To: JohnM who wrote (172253)9/18/2011 7:59:10 PM
From: Mary Cluney  Read Replies (1) | Respond to of 542918
 
<<<the presumption is that stimulus had its chance, it failed, and that’s that. Never mind those of us who say that we actually didn’t do nearly enough — and were saying that from the beginning, not as an after-the-fact rationalization.>>>

Conceptually Krugman was absolutely correct. But outside the Ivory tower, the real world is a lot more complex. Obama had to sell and implement an economic stimulus strategy to a population where large numbers of people don't believe in the theory of evolution, don't believe in science, and don't want any part of doing 'rithmatic - not to mention people who actively did everything they could to see that the economy and Obama would fail.

It's not easy to do what Krugman does - analyze large amounts of data, apply complex mathematical models, and come up with a plausible solution. But what Obama has to do is thousands of times more difficult.