So Far, Not So Good

Paul Krugman hopes that President-elect Obama set out not just to make government “cool,” but clean.  (“Barack Be Good,” he implores of the next President.)  Krugman suggests lots of government inspectors and auditors to monitor the bzillions to be spent on the “stimulus” plan. Okay, I suppose. He warns against earmarks. Hmm, better check the list of junk projects going into the “stimulus” package. And then there’s the “F.D.R.-like bond” with the American people. This has Krugman worried:

And I have to say that Democrats are off to a bad start on that front. The attempted coronation of Caroline Kennedy as senator plays right into 40 years of conservative propaganda denouncing “liberal elites.” And surely I wasn’t the only person who winced at reports about the luxurious beach house the Obamas have rented, not because there’s anything wrong with the first family-elect having a nice vacation, but because symbolism matters, and these weren’t the images we should be seeing when millions of Americans are terrified about their finances.

Well, I think Krugman is missing a few of the bigger issues here, even beyond the physical impossibility of preventing graft and corruption with a trillion dollar program of “gotta do ’em fast” projects. (And the Obamas, as far as I am concerned, can vacation any where they darn please.)

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So Far, Not So Good

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