Chris Uggen's Blog: krugman on responses to recession

Monday, January 21, 2008

krugman on responses to recession

i'm watching the polls as much as the primaries this election season, with a crass, bottom-line eye to the electability of my party's candidates in the november general election. i've resorted to this soulless, if pragmatic, approach because i believe that between-party differences swamp within-party differences.

i've only recently begun to work through the issues that would allow me to distinguish among my party's roster of minimally acceptable candidates. i took a li'l online quiz, which told me that my views didn't quite match those of the candidate i'd been supporting (due, in part, to missing data problems, as said candidate has apparently taken disappointingly few actual positions).

though i pay special attention to candidates' crime policies, i generally vote based on how i think they would guide the economy. it seems like a particularly important time to elect a president who gets the global economy. and really, is it ever a bad time to elect an economically literate chief executive? in any case, paul krugman offers a useful and thought-provoking review here, based on what candidates have said about how they would respond to recession.

i'm not sure i buy his conclusions, but i certainly appreciate mr. krugman's analysis. he offers enough basic information to pique the interest of readers and start them digging for specific policy positions. though i'm not sure who could write it, i'd greatly appreciate a parallel analysis of candidates' positions on iraq.

2 Comments:

At 5:39 PM, Blogger Jay Livingston said...

Maybe the poli.sci. people know the data on this, but I wonder what the relation is between the policies candidates announce and the policies they actually try to enact once elected. The problem with these what-to-do-about-the-recession statements is that the economic picture a year from now when the new president takes office will be different from what it is now.

On Iraq, it seems to me that all the candidates are denying realities that they will have to face once in office. Bush got us into a terrible mess, and there are no good solutions. I haven't even heard of any less bad solutions. Hence the appeal of simplistic fantasies like "victory" or the fantasy that withdrawal will not be disastrous.

 
At 8:38 PM, Blogger christopher uggen said...

fair enough, jay, though i hope candidates' statements tell us something about their likely approach to policy questions.

it seems that candidates who try to give it to us straight about really difficult issues are quickly dispatched to the sidelines. i recall jimmy carter's disastrous malaise speech in 1979 (http://www2.volstate.edu/geades/FinalDocs/1970s&beyond/malaise.htm), for example, and agnew/safire's memorable dismissal of the "nattering nabobs of negativism."

 

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