The Nature of Things

With President Obama's popularity at its lowest ebb according to all the opinion polls, the Inside-the-Beltway commentariat class loves to pile on, basically assigning him, somewhat prematurely, to the ranks of presidents who are considered inept and failures. Thus, many of these worthies were shocked and rather outraged recently when the latest edition of Rolling Stone featured a cover story by Paul Krugman praising the Obama presidency. I seriously doubt that Krugman has lost any sleep over the shock and outrage expressed over the article. After all, he's used to it. He does not run with the herd and he never hesitates about expressing his opinion, whether or not anyone else agrees with him. Some of the surprise, certainly, was due to the fact that Krugman has been a frequent critic of Obama. When he first ran for president in 2007-08, Krugman considered Hillary Clinton the more experienced candidate who was better prepared to lead. He was not wrong about that. He thought t...