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Krugman Emerges as 'Voice of Loyal Opposition'

Newsweek sees lefty economist as top critic

By Kevin Spak,  Newser Staff

Posted Mar 28, 2009 2:06 PM CDT

(Newser) – Monday’s issue of Newsweek will have a pretty striking cover story. The headline “OBAMA IS WRONG: The Loyal Opposition of Paul Krugman,” will be plastered over a close-up of the Nobel Prize-winning economist, reports Politico. "Every once in a while," writes Newsweek editor Jon Meacham, "a critic emerges who is more than a chatterer."




Krugman hasn't been shy about bashing President Obama's remedies. But "what is striking about this development is that Obama’s most thoughtful critic is taking on the president from the left," says Meacham. It's too early, of course, to know whether he's correct, but "a lot of people have a ‘creeping feeling’ that the Cassandra from Princeton may just be right. After all, the original Cassandra was.”

Paul Krugman of Princeton University, winner of the Nobel Prize in Economics for 2008, holds his Nobel lecture at the Aula Magna of the Stockholm University, Dec. 8, 2008.
Paul Krugman of Princeton University, winner of the Nobel Prize in Economics for 2008, holds his Nobel lecture at the Aula Magna of the Stockholm University, Dec. 8, 2008.   (AP Photo/Fredrik Persson, Scanpix Sweden)
Nobel economics prize winner Paul Krugman speaks during a press conference at the Royal Swedish Academy of Sciences in Stockholm, Sweden, Sunday, Dec. 7, 2008.
Nobel economics prize winner Paul Krugman speaks during a press conference at the Royal Swedish Academy of Sciences in Stockholm, Sweden, Sunday, Dec. 7, 2008.   (AP Photo/Scanpix, Fredrik Persson)
Paul Krugman listens to his introduction at a gathering in Princeton, after he was announced the winner of the 2008 Nobel Prize in economics Monday, Oct. 13, 2008.
Paul Krugman listens to his introduction at a gathering in Princeton, after he was announced the winner of the 2008 Nobel Prize in economics Monday, Oct. 13, 2008.   (AP Photo/Mel Evans)
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COMMENTS
Showing 3 of 6 comments
muleskinner
Mar 30, 2009 5:18 AM CDT
im sorry, it was bill moyers and it was william greider---you right
Snowleopard
Mar 30, 2009 2:43 AM CDT
This was a similar sentiment expressed on Bill Moyers Journal by William Greider: http://www.pbs.org/moyers/jour...
muleskinner
Mar 29, 2009 2:52 AM CDT
I heard on Charle Rose the other night, one of his guests stated that he feels Obama is forming a corporate state---that kind of shocked me. Krugmans is against this.
 

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