Saturday, November 7, 2009

Digby, Harrison, Obama, the Economic Crisis

Digby links to Edward Harrison at Naked Capitalism, and I link to Digby. It's just how these here internets work.

Obama certainly was predisposed to ignore the Krugman camp, which includes a number of other economists, like Harrison, who argued for bank "nationalization" and other more aggressive methods of containing the damage. As the termperamentally thrill seeking Bush threw in with the nuttiest foreign policy elders of his own party, Obama, being a far more deliberate type, threw in with the most staid and establishmentarian economic elders of his.

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