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Paul Krugman: Cleaning Up the Economy

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Headlined to H3 9/7/12

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Bill Clinton's speech at the Democratic National Convention was a remarkable combination of pretty serious wonkishness -- has there ever been a convention speech with that much policy detail? -- and memorable zingers. Perhaps the best of those zingers was his sarcastic summary of the Republican case for denying President Obama re-election: 'We left him a total mess. He hasn't cleaned it up fast enough. So fire him and put us back in.' Great line. But is the mess really getting cleaned up? The answer, I would argue, is yes. The next four years are likely to be much better than the last four years -- unless misguided policies create another mess.

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