Paul Krugman-Barrack Obama Smackdown
There’s been a public pissing match of late between Princeton economist, NY Times columnist and early George W. Bush years liberal-voice-crying-in-the-wilderness Paul Krugman and Senator and Democratic Presidential candidate Barrack Obama. What it’s really all about is nothing less than the soul of the Democratic Party, and whether the early 21st century version of the Progressive Movement has a significant place within it.
Lambert, at Corrente, comes down strongly on the Krugman side, while in the process providing the historical background of the dispute. The only argument I have with him is that, in saying
All progressives—and most Democrats—agree on the opportunity and the stakes. That’s not the issue. The issue is: What kind of politics can turn the opportunity into permanent, progressive change? What kind of politics can drive economics?
he doesn’t emphasize how fundamental the conflict is. Here’s more from Lambert: (more…)