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Thursday, January 15, 2009

"THE RETURN REVENGE OF RANGEBOUND ECONOMICS"

SORTING A MASSIVE REINVESTMENT IN AMERICA

But the more I look at the report, the more I wonder why anyone in the Obama team thinks the plan is adequate[ly large]. - Paul Krugman


Well, here's a conjecture: you put bureaucrats too much at center stage and you end up with 'committee'-like solutions, not too hot and not too cold. As remarked earlier, where are the dreamers on Obama's team, the radicals, those who ... aren't rangebound?

READ MY LIPS : NO MORE WHACK-A-MOLE STRATEGIES!

Also, the social pressures in the country don't appear to be strong enough yet for the Obama-Biden team to use the words, something like, "sweeping realignment" and "unprecedented restructuring" and "a bold strike against fear and pessimism in our times".