What Obama Must Do

Rolling Stone by Paul Krugman | Jan. 14, 2009 (Special Report)

A Letter to the New President

....fdr wasn't shy about demanding the the public's money be used to serve the public good. the roosevelt administration used that ownership stake to insist that banks actually help the economy pressuring them to lend out the money they were getting from washington.....in the long run we don't want the gov't running financial institutions but for now we need to do whatever it takes to get credit flowing again. Full Story »

Posted by Patricia L'Herrou

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3.8

by Fabrice Florin - Jan. 17, 2009

Insightful recommendations to the Obama Administration by liberal columnist Paul Krugman, who typically writes for the New York Times. As always, the author draws on his considerable expertise as an economist to provide a thoughtful analysis of the current crisis facing the new president, with reasonable suggestions based on ample factual evidence from multiple sources. This long article offers many interesting observations, and extensive context on several important issues ranging ... More »

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4.3

by Patricia L'Herrou - Jan. 17, 2009

this is a piece of analysis which is bold and which takes into account the specialized economic knowledge of its writer. he discusses fdr's success and reasons for it looking backward, and, what didn't work. also explains the differences between then and now. he also addresses the potential arguments of the oppostition. a very coherent analysis which may be useful for citizens to know about if pres. obama wants to follow this model.

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