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Paul Krugman demonstrates, yet again, that he is the single most effective critic of the Obama Administration’s emerging economic policies, put through another series of harsh tests this week:
This was bad analysis, bad policy, and terrible politics. This administration, elected on the promise of change, has already managed, in an astonishingly short time, to create the impression that it’s owned by the wheeler-dealers. And that leaves it with no ability to counter crude populism.
A devastating judgment, and a difficult one for Obama, Geithner and company to counter.
More from Scott Horton:
Six Questions — October 18, 2014, 8:00 pm
Nathaniel Raymond on CIA interrogation techniques.
Mark Denbeaux on the NCIS cover-up of three “suicides” at Guantánamo Bay Detention Camp
Percentage change since 1990 in serious golf-cart-related injuries:
Lara McKenzie, The Research Institute at Nationwide Children's Hospital (Columbus, Ohio)
Vegetarians are more intelligent than normal people.
A leopard gained access to a private school in India.
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“Shelby is waiting for something. He himself does not know what it is. When it comes he will either go back into the world from which he came, or sink out of sight in the morass of alcoholism or despair that has engulfed other vagrants.”