Behind the Curve 
By PAUL KRUGMAN
March 8, 2009 
President Obama's plan to stimulate the economy was "massive," "giant,"
"enormous." So the American people were told, especially by TV news, during
the run-up to the stimulus vote. Watching the news, you might have thought
that the only question was whether the plan was too big, too ambitious.

Yet many economists, myself included, actually argued that the plan was too 
small and too cautious. The latest data confirm those worries - and suggest 
that the Obama administration's economic policies are already falling behind 
the curve.

http://www.nytimes.com/2009/03/09/opinion/09krugman.html



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