04/25/2009 05:12 am ET | Updated May 25, 2011

Krugman: Obama, Geithner Need To Stop Taking "Half-Measures" On Economy

Nobel Prize-winning economist Paul Krugman said President Obama needs to lift the confidence of the American people and "to prepare public opinion for the really bold policies that he keeps on promising but not delivering."

In an interview with ABC News, Krugman said the administration needs to stop making "half-measures" and should tackle the recession head-on.

Read more on ABC News