Barack Obama is refusing to listen to reason on economic policy

Interesting:

Barack Obama is refusing to listen to reason on economic policy - Telegraph: "Mr Obama's cheerleader-in-chief in arguing the case for continued international deficit spending is the American economist Paul Krugman. This hyperactive Nobel prize winner has achieved almost celebrity status for his extreme neo-Keynesian views. Yet his frequent polemics on the supposed merits of 'let rip' public spending long since ceased to be based on objective analysis, and are instead argued as a matter of almost ideological conviction. He's as much a fundamentalist as the 'deficit hawks' he mocks."