Monday, October 27, 2014

Krugman: Obama One of "Most Consequential" Presidents in Modern History

A few years ago, Paul Krugman was critical of President Obama for a stimulus package that didn't go far enough and for naiveté in assuming Republican reasonableness. Recently, however, in a Rolling Stone article, "In Defense of Obama," Krugman wrote that "Obama has emerged as one of the most consequential and, yes, successful presidents in American history" in terms of health care, financial reform, the environment and other issues. While Krugman tempers his accolades with realism, the overall review is positive: "In each case, Obama delivered less than his supporters wanted, less than the country arguably deserved, but more than his current detractors acknowledge. ...Am I damning with faint praise? Not at all. This is what a successful presidency looks like. No president gets to do everything his supporters expected him to." Krugman discussed his article with ABC News' Jon Karl. Watch:



Also listen to Krugman discuss Obama's legacy on NPR.

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