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Reply #5: Here's the rest of that quote: So, was this worth it? I’d still say no, [View All]

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neverforget Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-07-10 11:25 AM
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5. Here's the rest of that quote: So, was this worth it? I’d still say no,
Edited on Tue Dec-07-10 11:26 AM by neverforget
although it’s better than what I expected over the weekend. It still greatly increases the chances of the Bush tax cuts being made permanent — especially because the front-loading of the stimulative stuff actually worsens Obama’s 2012 electoral prospects.

Oh and Krugman also says that Obama is overpromising:

Oh, and he’s overpromising again:

“It’s not perfect, but this compromise is an essential step on the road to recovery,” Mr. Obama said. “It will stop middle-class taxes from going up. It will spur our private sector to create millions of new jobs, and add momentum that our economy badly needs.”

Millions of new jobs? Millions? Not by my arithmetic.
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