SMRs and AMRs

Friday, December 03, 2010

Freezing Out Hope

By PAUL KRUGMAN
NYT

After the Democratic “shellacking” in the midterm elections, everyone wondered how President Obama would respond. Would he show what he was made of? Would he stand firm for the values he believes in, even in the face of political adversity?

On Monday, we got the answer: he announced a pay freeze for federal workers. This was an announcement that had it all. It was transparently cynical; it was trivial in scale, but misguided in direction; and by making the announcement, Mr. Obama effectively conceded the policy argument to the very people who are seeking — successfully, it seems — to destroy him.

So I guess we are, in fact, seeing what Mr. Obama is made of.

About that pay freeze: the president likes to talk about “teachable moments.” Well, in this case he seems eager to teach Americans something false.

(More here.)

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