With the unemployment rate is at 10.2%, according to numbers released today, the stimulus has not provided what was promised by the White House. Paul Krugman says Obama is not doing enough for the economy and suggests more stimulus which is just stunning to any follower of basic economic principles.
So why is it said? This is a cover ploy by Krugman to provide cover to those who touted the stimulus. Because when it fails, they have a built in excuse, in lieu of actually telling or understanding the truth. Krugman, in order to protect his cognitive "house of cards" must demand more stimulus and create the impossible senario in order to maintain any sense of self. This is a classic case of cognitive dissonance.
The excuse will be the stimulus did not go far enough, and its not our (the democrats) fault as we wanted to do more but were unable to do so because our efforts were blocked- of course by the GOP.
Machiavelli would be proud. As for me, it just makes me sick.