<![CDATA[Krugman: Obama's Stimulus Doesn't Go Far Enough]]>

1.0 link 156547 <![CDATA[Krugman: Obama's Stimulus Doesn't Go Far Enough]]> http://www.huffingtonpost.com/2009/01/09/krugman-obamas-stimulus-d_n_156547.html Paul Krugman has already criticized President-elect Barack Obama for appearing to rely too much on tax cuts in his economic plan. Now he's adding a more general concern that the plan doesn't go far enough to fill the 'output gap' between what the economy can produce and what it can sell. While praising Obama's strong words in his speech Thursday, Krugman writes that "Mr. Obama's prescription doesn't live up to his diagnosis."

The economic plan he's offering isn't as...

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