Friday, November 07, 2008
There is bad advice and good advice
And there is Dr. Krugman laying down the righteous word. With the economy being the 800 pound gorilla in the room, everybody is putting forth advice to the President-Elect. On the basis of how many times he was right while others were blowing bubbles out their assholes, I would listen to the good Dr.
Right now, many commentators are urging Mr. Obama to think small. Some make the case on political grounds: America, they say, is still a conservative country, and voters will punish Democrats if they move to the left. Others say that the financial and economic crisis leaves no room for action on, say, health care reform.I would hope that P/E Obama will find a way to get Dr Paul's wise counsel without having to wait for delivery of the NY Times.
Let’s hope that Mr. Obama has the good sense to ignore this advice.
...a serious progressive agenda — call it a new New Deal — isn’t just economically possible, it’s exactly what the economy needs.
The bottom line, then, is that Barack Obama shouldn’t listen to the people trying to scare him into being a do-nothing president. He has the political mandate; he has good economics on his side. You might say that the only thing he has to fear is fear itself.
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