In today’s New York Times, Paul Krugman writes about the reactions of the presidential candidates to the impending recession.
He also aims a little sarcasm at the MSM, by asking them to stop analyzing "tone of voice" and "facial expressions" and analyze "economic policy" instead
I have confessed many times here that I don’t understand economics so I can’t make any judgments about Krugman’s observations, but here and there are a few sentences that I do understand.
Johm McCain and I, on economics, are kindred spirits. Neither of us understand economics and we both will admit it.
Rudy Giuliani is more Bush than Bush when it comes to tax policy.
Mike Huckabee says different, and conflicting, things depending on who he is talking to.
Mitt Romney may understand economics better than the rest, but he is pandering to the Republicans and promising the old approaches when new ones are actually needed.
And here are some quotes about the leading Democratic candidates:
On the Democratic side, John Edwards, although never the front-runner, has been driving his party’s policy agenda. He’s done it again on economic stimulus:
And you have to say that Mrs. Clinton seems comfortable with and knowledgeable about economic policy. I’m sure the Hillary-haters will find some reason that’s a bad thing, but there’s something to be said for presidents who know what they’re talking about.
I know that Mr. Obama’s supporters hate to hear this, but he really is less progressive than his rivals on matters of domestic policy.
Here is the link to the New York Times’ front page. You may have to login. Click on "Krugman: Stimulus" in the "Opinion" section.
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