Too Little Of A Good Thing

This article discusses the effects of Obama's stimulus plan. The author Paul Krugman explains that, as macroeconomists had predicted, the stimulus is far too small given the scale of our economic problems. Additionally, unless something changes drastically, we’re looking at many years of high unemployment. However, Krugman does go on to complement the Obama stimulus plan on its ability to do enough to break the vicious circle of economic decline. Aid to the unemployed and help for state and local governments were probably the most important factors. Overall, the most important thing is that the US continue with the stimulus plans, but to increase them much more.