Krugman Thinks Obama Should Blame Bush More

by Sal on January 20, 2010

in Economy,Politics

Paul Krugman is living in a bubble.  You see, he writes that one of Obama’s biggest mistakes has been to not blame Bush for the economic woes this country now faces, “just like Reagan did” (sic).

Finally, about that narrative: It’s instructive to compare Mr. Obama’s rhetorical stance on the economy with that of Ronald Reagan. It’s often forgotten now, but unemployment actually soared after Reagan’s 1981 tax cut. Reagan, however, had a ready answer for critics: everything going wrong was the result of the failed policies of the past. In effect, Reagan spent his first few years in office continuing to run against Jimmy Carter.

Mr. Obama could have done the same — with, I’d argue, considerably more justice. He could have pointed out, repeatedly, that the continuing troubles of America’s economy are the result of a financial crisis that developed under the Bush administration, and was at least in part the result of the Bush administration’s refusal to regulate the banks.

Reagan never blamed the previous administration.  He made comments about how past liberal policies had failed, in speaking of his new vision of limited government.  Yet Obama sees fit to blame Bush for everything, often by name.  Krugman doesn’t see this because he is living in a bubble.  He doesn’t understand the fact that most Americans find it unseemly and a cop-out for a President to continually blame his predecessor.

Krugman won a Nobel prize in economics for a very specific area in economics.  He then used that prize to catapult him to the New York Times, which gave him a platform to push his agenda of liberalism.  Yet when someone is in such denial that he thinks that the President doesn’t blame the Bush administration enough, and that the failed stimulus wasn’t big enough, you know he can’t be taken seriously.

H/T: Stop the ACLU

{ 2 comments… read them below or add one }

Mike January 20, 2010 at 4:46 pm

Blaming the predecessor can be an effective strategy if used at the beginning of a term and used with decreasing frequency thereafter. Ratcheting up the rhetoric will only make Obama look even weaker than he is.


Zelsdorf Ragshaft III January 20, 2010 at 10:06 pm

Yeah! A Republican got elected by voters in the Bay State to the Senate for the first time in decades because of the Bush Presidency. Yep. Talk about wasting money on an education. Obama needs to get his money back. (or who’s ever money)


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