Krugman loosens his choke-hold (a bit).

"...in Whoville they say that the Krugman's small heart grew three sizes that day."

OK, I exaggerate, but it is nice to have Paul Krugman at least acknowledge the political realities that confront the Obama administration as it attempts to put our nation back on the right track:

To be fair: the Obama team really does face huge political obstacles in doing the right thing. Maybe it really can’t be done; as Rahm Emanuel said about me, “[unprintable]."

Unlike Republican critics of the administration's plans and proposals, I do think Paul Krugman's objections are genuine and well founded. However, it's been difficult to stomach his relentless hammering of the Administration; a barrage of criticism that, 'till now, has seemed blissfully unconcerned with the fact that the President's power is not that of an autocrat.

Thank you, Mr. Krugman. You may now return to your regularly scheduled party pooping.