General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsIs Krugman headed to a White House Job in a second Obama term
http://www.dailykos.com/story/2012/10/03/1139322/-BREAKING-Is-Krugman-Heading-To-White-House-Jobleveymg
(36,418 posts)and he won't be able to express criticism as openly. Altogether, a trade-off here.
Iggy
(1,418 posts)I've spent some time over at the orange site...
during the smirky admin, when Krugman criticized his so called economic policies, he was hailed as
an "economic genius".. and if only Bush would listen to him..
about a year after Obama was in office, Krugman criticized his economic policies.. kosacks went nuts,
said Krugman was crazy, and "was out to get Obama".
huh?
the White House appears to be rather thin-skinned. I seriously doubt they would bring someone like
Krugman or Stiglitz into the admin.. tho' I would certainly applaud doing so
Cha
(297,655 posts)at all. Quite the opposite.
Iggy
(1,418 posts)BTW, the current admin's record at bringing in/keeping progressive economic advisers/staff is very poor.
Early on, Lawrence Summers (Mr. "the summer of 2010 will be 'recovery summer'" made sure of that.
I can more or less guarantee you Christine Romer (the very sort of adviser Obama needs) bailed due to
Summers' bullying tactics.
The people Obama actually needs to get rid of-- Geithner, for example (this is made very clear in Neil
Barofsky's new book BAILOUT) are still there... still protecting the interests of Wall St.
weak, very weak.
http://newsbusters.org/blogs/noel-sheppard/2011/08/06/former-obama-economic-adviser-downgrade-were-pretty-darn-f-ked
CTyankee
(63,912 posts)in Europe.
I remember way back when Krugman first started writing regular columns in the NYT. He predicted the bubble melt down and the fact that the first Obama stimulus was not enough. Sadly, I have concluded that every time I have read Krugman, he has been right.
Obama is smart enough now to know that too. I hope he brings Krugman in, but only for consultation, not to be a "yes man." I think Obama knows that the stakes of his reputation for posterity is at stake and he must listen to a critic who wants to help, not tear down...
Larkspur
(12,804 posts)if this report is true, it would be a good sign that Obama is heading towards a more progressive/populist approach to the economy as opposed to a Wall Street one. Since Wall Street supported Romney this election, he won't be indebted to them. And Obama would be channeling his inner FDR as opposed to Reagan.
Obama did visit Hoover Dam the other day. Maybe it inspired him to follow the good policies and plans that FDR did using Keynesian economics.
wilsonbooks
(972 posts)And if the President listens to his advise.
Aerows
(39,961 posts)but they over-estimate themselves the same way that Fire Dog Lake tends to do so. It's an echo chamber. DU can be an echo chamber, and probably is, too, but we have a lot of people grounded in reality here.