What Went Wrong: David Obey's Take

Paul Krugman:

What Went Wrong: The Rahm Factor: A fascinating and depressing interview with David Obey:

The problem for Obama, he wasn’t as lucky as Roosevelt, because when Obama took over we were still in the middle of a free fall. So his Treasury people came in and his other economic people came in and said “Hey, we need a package of $1.4 trillion.” We started sending suggestions down to OMB waiting for a call back. After two and a half weeks, we started getting feedback. We...