Tuesday, June 23, 2009

Follow up

A few days ago I wrote a blog entry called "Inharmonious". In it, I sent along some remarks from Mssrs. Krugman and Reich about the shortcomings of Obama's response to the financial debacle we have on-going. I said that I wondered what Galbraith and Grieder might have to say. Well, here is Mr Grieder, weighing in.

He says, essentially, if we settle for weak solutions too soon, because the severity of the crisis seems over, it will be a terrible mistake. Seems awfully hard with which to argue. It is time to dig in our heels, not go out for ice cream.

http://www.thenation.com/doc/20090706/greider2?rel=emailNation

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