It’s difficult to get people to do what it takes to head off a catastrophe foretold. And now, both the economic and the environmental frogs are sitting still while the water gets hotter.
Is America on its way to becoming a boiled frog?
I’m referring, of course, to the proverbial frog that, placed in a pot of cold water that is gradually heated, never realizes the danger it’s in and is boiled alive. Real frogs will, in fact, jump out ...
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Interesting metaphor for the current state of affairs. I think that Krugman is a little harsh on the Obama administration and Congressional leadership; they really have been quite busy legislating and governing on a number of fronts. That said, his criticisms are fair from the perspective of a concerned citizenry: more needs to be done. On the jobless recovery front: some more data or expert analysis would have been helpful. Given that less than 15% of the stimulus plan has been spent, I think it is difficult to, at this point, say that it is insufficient since it is just now starting to make its way into the private sector.
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