Monday, March 23, 2009
HEY, PAUL KRUGMAN (A SONG, A PLEA)
So what's the deal with Krugman? He came out swinging at the Obama administration and the bill that passed the House taxing bonuses given to executives of bailed-out companies. "It's not the way you should make policy," Krugman said, "it's clumsy, and it will punish some innocent parties while letting the most guilty off scot-free."
Krugman added, "But -- there wasn't much alternative at this point. And for that I blame the Obama people." He goes on to call the Obama administration's handling of the American International Group scandal "bad analysis, bad policy, and terrible politics" that makes it seem as if the White House is "owned by the wheeler-dealers."
So...what's the deal with Krugman? I guess he's entitled to his opinion. So is this internet songsmith, who believes Paul should be part of the process. To paraphrase LBJ, "I'd rather have him inside the tent pissing outward than the other way around."