Obama hasn't done enough | Arkansas Blog

Monday, January 18, 2010

Obama hasn't done enough

Posted By on Mon, Jan 18, 2010 at 6:22 AM

To those who say President Obama's shaky standing comes from trying to do too much, Paul Krugman takes the contrary position:

The Obama administration’s troubles are the result not of excessive ambition, but of policy and political misjudgments. The stimulus was too small; policy toward the banks wasn’t tough enough; and Mr. Obama didn’t do what Ronald Reagan, who also faced a poor economy early in his administration, did — namely, shelter himself from criticism with a narrative that placed the blame on previous administrations.

As for health care (where, again, I  happen to think the Democrats suffer by having settled for half measures):

And meanwhile, Democrats have to do whatever it takes to enact a health care bill. Passing such a bill won’t be their political salvation — but not passing a bill would surely be their political doom.

 

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