Obama’s "Goldilocks" Approach

Obama’s Fiscal Stimulus
Splits the Difference

“Obama’s economic plan falls well short of what’s needed.”
–Paul Krugman, “The Obama Gap” (NYT, 1/9/09)

“Obama has vowed to do everything at once . . this will be the most complex piece of legislation in American history.”
–David Brooks, “The Confidence Surplus” (NYT, 1/9/09)

Depending on who you believe, President-elect Obama has devised a $1 trillion(!) fiscal stimulus plan that either: a) is much too modest in scope; or b) wildly overreaches.

So far, so good . . .