Strong Words From a Liberal
Paul Krugman on the recent AIG debacle:
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.
Read the full post on his blog: http://krugman.blogs.nytimes.com/2009/03/20/aig/
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