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Krugman: More stimulus urgently needed



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The administration didn't defend the stimulus much the first time around, and rather than defang the opposition, they emboldened it. Politically, I don't see how we can ever get a second stimulus bill passed, regardless of how necessary it is to save the country from permanent damage (and that's not even taking into account President Obama's visceral aversion to advocating for anything that anyone disagrees with). This is why Joe and I have been so critical of the Obama administration. When they make mistakes, it's not happening in a vacuum. It's harming our efforts on issue after issue, and it's harming our country. When you're the leader of the Free World - hell, when you run a 7-11 - you don't get a pass the first 12 months because you're the new guy.


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