Calls For Additional Stimulus
Krugman warns: "...Mr. Obama’s promise that his plan will create or save 3.5 million jobs by the end of 2010 looks underwhelming, to say the least. It’s a credible promise — his economists used solidly mainstream estimates of the impacts of tax and spending policies. But 3.5 million jobs almost two years from now isn’t enough in the face of an economy that has already lost 4.4 million jobs ... economic policy is falling behind the curve, and there’s a real, growing danger that it will never catch up. "
