'/> Uncommon Hours: Krugman: Obama’s compromises water down policies
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Monday, May 18, 2009

Krugman: Obama’s compromises water down policies

Assessing the merits of the new climate legislation proposed by Representatives Henry Waxman and Edward Markey, Paul Krugman pinpoints a disturbing trend in the Obama administration’s policy making:

“In a way, it was easy to take stands during the Bush years: the Bushies and their allies in Congress were so determined to move the nation in the wrong direction that one could, with a clear conscience, oppose all the administration’s initiatives.

“Now, however, a somewhat uneasy coalition of progressives and centrists rules Washington, and staking out a position has become much trickier. Policy tends to move things in a desirable direction, yet to fall short of what you’d hoped to see. And the question becomes how many compromises, how much watering down, one is willing to accept.”

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