I am sure Rush and News Corp are both anticipating this and are laying out the groundwork to slather it all over Obama. In fact Rush started the day after the election.
Op-Ed Columnist - Paul Krugman Blog - NYTimes.com: "A bit more information to go with my post on stimulus: forecasters surveyed by the WSJ predict, on average, that unemployment will reach 8.1 percent by end 2009 and peak at 8.4% — that is, it will keep rising into 2010. That’s a forecast of what will happen with the stimulus plan, not of what would happen absent stimulus, which would presumably be considerably worse.
Two points: 1. This suggests that the consensus is at least as grim as the scenario I laid out 2. This looks to me like an economy that could easily be spun by conservatives as a failure of Obama’s policies."
Tuesday, January 6, 2009
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