Blogs
Eschaton — I find it more amusing than annoying that Obama has joined with many others in employing the rhetorical trick of attributing any views you wish to marginalize as coming from bloggers. ...

I can occasionally balance my checkbook
Rising Hegemon — ... So far be it from me to make many comments about what should be done about insolvent banks. But, on the other hand, shrill-columnists who won Nobel Prizes in Economics and ...

Your Abbreviated Pundit Round-up
Daily Kos — ... "Hallelujah! This marks the end of a long and repressive chapter in scientific history. It's the stem cell 'emancipation proclamation'," said Dr. Robert Lanza of Advanced Cell Technology in Massachusetts. "I really hope this is the end of this political football game," agreed Michael West, who once headed ACT and Geron Inc and is now chief executive officer of a California-based biotech firm called BioTime.   Amen to that. Paul Krugman: Too small a stimulus. Here's why: Employment has already ...

ThinkFast: March 9, 2009
Think Progress — ... Nobel-prize-winning economist Paul Krugman worries that “the White House has decided to muddle through on the financial front, relying on economic recovery to rescue the banks rather than the other way around.” “Sooner or later, the administration will realize that more must be done,” Krugman writes. “But when it comes back for more money, will Congress go along?” ...

Size Matters
Suburban Guerrilla — Krugman: There are now three big questions about economic policy. First, does the administration realize that it isn’t doing enough? Second, is it prepared to do more? Third, will Congress go along with stronger policies? On the first two questions, I found Mr. Obama’s latest interview with The Times anything but reassuring. “Our belief and expectation is that we will get all the pillars in place for recovery this year,” the president declared — a belief and expectation that isn’t backed by any data or model I’m aware of. To be sure, leaders ...

Monday Morning Open Thread
TalkLeft — Since we all read Krugman, I'll put the link here and quote the part I think most important: As I read it, this dismissal [by Obama of concerns about the Obama approach to the financial crisis] — together with the continuing failure to announce any broad plans for bank restructuring — means that the White House has decided to muddle through on the financial front, relying on economic recovery to rescue the banks rather than the other way around. And with the stimulus plan too small to deliver an economic recovery ... well, you get the ...

Krugman: Size Does Matter
Crooks and Liars — Krugman: There are now three big questions about economic policy. First, does the administration realize that it isn’t doing enough? Second, is it prepared to do more? Third, will Congress go along with stronger policies? On the first two questions, I found Mr. Obama’s latest interview with The Times anything but reassuring. “Our belief and expectation is that we will get all the pillars in place for recovery this year,” the president declared — a belief and expectation that isn’t backed by any data or model I’m aware of. To be sure, leaders ...

Nancy Reagan Praises Obama, World Economy Going South
Notes From a Grumpy Old Man — Paul Krugman E J Dionne Mohammad Hassan Khani “I’m very grateful that President Obama has lifted the restrictions on federal funding for embryonic stem cell research. These new rules will now make it possible for scientists to move forward. I urge researchers to make use of the opportunities that are available to them, and to do all they can to fulfill the promise that stem cell research offers."  - Nancy Reagan The Political Animal reports on the conservative talking heads dissing Obama's lifting ...

A Second Stimulus Package?
Taegan Goddard's Political Wire — Paul Krugman -- who is arguably the most influential pundit today -- makes the case that the economic stimulus package signed into law by President Obama last month was "too small and too cautious." He notes the latest data "confirm those worries -- and suggest that the Obama administration's economic policies are already falling behind the curve." ...

Second Stimulus May Be Inevitable
The Huffington Post | Full News Feed — ... And in his New York Times column Monday, Paul Krugman wrote "sooner or later the administration will realize that more must be done." He also points to a recent Newsweek poll showing that a plurality of voters believe that additional stimulus spending will be necessary. But he added that Congress could stymie further spending. ...

Second Stimulus May Be Inevitable
Politics on HuffingtonPost.com — ... And in his New York Times column Monday, Paul Krugman wrote "sooner or later the administration will realize that more must be done." He also points to a recent Newsweek poll showing that a plurality of voters believe that additional stimulus spending will be necessary. But he added that Congress could stymie further spending. ...

Obama Considering Stimulus II
RedState: Conservative News and Community — ... What has changed in the last month? The liberal fringe of the Democratic party - perhaps best represented by Paul Krugman - has attacked Obama up and down for adopting a plan that didn’t spend enough. Matt Yglesias ...

Didn't want to have to blog today
The Sideshow — Nobel Prize-winning economist Paul Krugman says it looks like the Obama administration is Behind the Curve, and that he was not reassured by Obama's latest interview in the NYT, in which he offered little and "went on to dismiss calls for decisive action as coming from 'blogs' (actually, they're coming from many other places, including at least one president of a Federal Reserve bank), and suggested that critics want to 'nationalize all the banks' (something nobody is proposing)." I believe we predicted earlier that the administration, after saying they were interested in any ...

Remainders: Stem cell
Ben Smith's Blog — The stem cell signing. Krugman says Obama still isn't spending enough. Zeleny profiles Axelrod. Curt Anderson defends Steele. Minnesotans tire of recount. Lieberman loves Obama again. Lee Domingue says his campaign will not be cheap. Bloomberg writes (en Espanol) that the stimulus can't ignore immigration reform. Michelle's prom date comes out of the woodwork, with regrets. Ron Kampeas makes the case against Freeman. Josh Marshall ...

Monday's Mini-Report
Political Animal — ... has some good advice for the president. So does Paul Krugman . * Has the Republican Party largely ceded the foreign policy debate to the administration? ...

Obama’s error on recovery
The Moderate Voice — ... been hammered out many times over, I don’t think any of them really get at Obama’s reticence to go that route. The real reason President Obama will not nationalize the banks is his belief that the larger economy will recover - with his stimulus playing an important role - and will pull the banks out of insolvency. In other words, the banks led the economy into the abyss but the economy as a whole will rescue the banks. This is a misplaced assumption and, as Paul Krugman argued today, will actually make recovery much harder. Here’s the ...

Obama’s Stress Test
The Moderate Voice — In the absence of an outrage du jour by the Bush Administration, the American Commentariat is now caught up in a more complex, elusive project–analyzing the nation’s fall into future shock and Barack Obama’s fitness to deal with it. Is the President on a speeding-up treadmill struggling not to fall behind, as Paul Krugman suggests today? “The problem with the budget,” John Cassidy diagnoses in the New Yorker, “isn’t its size or its underlying philosophy, which is one of pragmatic ...

Waking up to government failure
SCSUScholars — ... Krugman is going to have to come to grips with the possibility that maybe it wasn't Bush that made government so incompetent. It was government. ...

Truth, To Powerlessness
All articles at Blogcritics — ... when it comes to repairing the economic damage created by the collapse of consumer spending. And yet, there are still those such as Paul Krugman who believe that Obama needs to spend a great deal more - and quickly. Unfortunately for Obama, members of his own party I watched Indiana Sen Evan Bayh express this himself live on LA's KTTV "news" show Monday morning are straying across the aisle to assume fiscal attitudes reminiscent of the minority party against any further economic stimulus packages escaping the Congress headed for the Oval Office. Somehow, as I ...

Caterpillar Disses The Simulus -- Again
Politics on HuffingtonPost.com — ... Many economists, including Nobel winner Paul Krugman, have criticized the president's stimulus plan as too small. Krugman argued in a March 8 New York Times column that the economic recovery effort devoted too much money to propping up financial institutions and not enough to creating jobs. ...

What I was afraid of
Paul Krugman — Back in March, when I was lamenting the inadequate size of the Obama stimulus , I made this prediction: Republicans are now firmly committed to the view that we should do nothing to respond to the economic crisis, except cut taxes — which they always want to do regardless of circumstances. If Mr. Obama comes back for a second round of stimulus, they’ll respond not by being helpful, but by claiming that his policies have failed. And I laid out the following scenario: So here’s the picture that scares me: It’s September 2009, the unemployment rate has passed 9 percent, and ...

"Don't let the government get its hands on Medicare!"
Open Left - Front Page — ... . Yet as Krugman has argued in the past, we could potentially be in much better economic shape than we are today - with hundreds of thousand fewer people out of work, for example - if we had disregarded calls to limit the size of "government meddling" and enacted a larger and more effective stimulus in the first place. ...

Some call it recovery
Paul Krugman — ... language doesn’t make much allowance for the kind of gray zone we’re now in; that’s because in the pre-1990 era recessions tended to be V-shaped, so that jobs snapped back as soon as GDP turned around. I don’t think what we’re going through is good news — but GDP is almost surely rising, so the recession, as normally defined, is over. And the current situation is no better — actually, worse — that I thought it would be when arguing that the Obama economic plan was inadequate. Read this , and bear in mind that the unemployment rate is now 9.4%. The stimulus has helped, ...

Krugman: It's a recovery, and it's NOT good news
AMERICAblog News| A great nation deserves the truth — ... . Krugman links to his old column about the stimulus package not being enough (you'll recall that we gave 40% away to the Republicans in the form of useless tax cuts, in order to buy 3 unnecessary votes) - though he really needs to explain further why it's bad news. Is he suggesting that unemployment won't eventually get better, or what? ...