Paul Krugman Calls For Economic Sanity In A Politically Insane World

[n2doc]

September 4, 2011
By Jason Easley

Paul Krugman was on ABC’s This Week today discussing President Obama’s upcoming jobs speech when he took political leaders to task for laying off hundreds of thousands of teachers during a recession.

Krugman laid out the political landscape that Obama’s jobs speech is facing:

And Obama has an interesting problem, because I think that — the way I think of it is, there’s three different things. There’s what we should be doing. And what we should be doing is a huge public investment program. No better time to do it. Government can borrow money almost for free, lots of unemployed workers.

Then there’s the — that’s not going to happen, because the second question is, what can actually pass Congress? And the answer is nothing. Nothing. If Obama were to call for endorsing motherhood, the Republicans in the House would oppose it.

And then, third, is what he should say. And I think that’s an interesting thing. I think he has to — he probably shouldn’t be calling for what I would want, because the public should want what I want, but it doesn’t. So he probably should be calling for things like a limited, but significant program of infrastructure repair, things that we really need, plus things that — like a large payroll tax cut.

The main thing is, I think he has to be bold, has to be making the case, look, there are things we could be doing, there are things I want to do. Those guys are not letting it happen.

more with video

http://www.politicususa.com/en/paul-krugman-economic-sanity

[Vincardog]

1. I say BO needs to go BIG call for immediate jobs for EVERYONE if the GOP does not want to go along

keep hammering them till next Nov. 7, Keep calling for jobs for everyone all the time.
Fight them till hell freezes over than fight them on the ice.