Rolling Stone: Obama Is One Of The 'Most Successful Presidents In History' - Krugman Tells Why

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Sunday October 12, 2014 · 4:20 PM PDT

2014/10/12 · 16:20

Nobel Prize winner, Paul Krugman, who has always been a harsh critic of President Obama, made a turnaround and praised the president in his Rolling Stone article. Also a Princeton Professor of Economics, Krugman writes:

"Obama has emerged as one of the most consequential and, yes, successful presidents in American history."

The author of 20 books and writer for the New York Times, Krugman goes on to list several key achievements Obama has made during, what Krugman calls, a 'wave of Obama-bashing' by 'mainstream pundits and talking heads.'

"His health reform is imperfect but still a huge step forward – and it’s working better than anyone expected. Financial reform fell far short of what should have happened, but it’s much more effective than you’d think. Economic management has been half-crippled by Republican obstruction, but has nonetheless been much better than in other advanced countries. And environmental policy is starting to look like it could be a major legacy."

On a very positive note, Krugman believes Democrats are doing better than expected in the Red states, which signifies a president who has done well:

"Obviously the midterm election hasn’t happened yet, but in a year when Republicans have a huge structural advantage – Democrats are defending a disproportionate number of Senate seats in deep-red states – most analyses suggest that control of the Senate is in doubt, with Democrats doing considerably better than they were supposed to. This isn’t what you’d expect to see if a failing president were dragging his party down. More important, however, polls – or even elections – are not the measure of a president. High office shouldn’t be about putting points on the electoral scoreboard, it should be about changing the country for the better. Has Obama done that? Do his achievements look likely to endure? The answer to both questions is yes."

Here is today's ABC news video link of Jonathan Carl interviewing Paul Krugman after the Rolling Stone piece, titled, Paul Krugman: Obama a 'Consequential' President'. Krugman reiterates Rolling Stone highlights:

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This is good to hear. We still have a very tough and extremely close election ahead. By continuing to join together to fight the GOP/Tea Party extremists (visit this Act Blue site) we can save this country from further damage by a party of obstruction and greed, that plays up to the richest individuals and corporate powerhouses. Republicans have stepped on, then spat on, America's working class, veterans, women, children, the poor, climate change… and blocked equal pay, veterans benefits, raising the minimum wage, and helping college students with their hefty debts … The list goes on, showing Republicans have been on the wrong side of history for too long, and we can, and will, change this in November.

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Rolling Stone: Obama Is One Of The 'Most Successful Presidents In History' - Krugman Tells Why

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