And it’s a betrayal of everything Obama’s supporters thought they were working for. Just like that, Obama has embraced and validated the Republican world-view — and more specifically, he has embraced the policy ideas of the man he defeated in 2008. A correspondent writes, “I feel like an idiot for supporting this guy.”
Now, I still cling to a fantasy: maybe, just possibly, Obama is going to tie his spending freeze to something that would actually help the economy, like an employment tax credit. (No, trivial tax breaks don’t count). There has, however, been no hint of anything like that in the reports so far. Right now, this looks like pure disaster.
Tuesday, January 26, 2010
Krugman on Obama: "Appalling"
NYT columnist Paul Krugman in a blog post just now really goes off on Obama's after his spending freeze decision, calling it, among others things, appalling. The headline: "Obama Liquidates Himself." Excerpt:
at 9:11 AM