Krugman on the Obama Budget
Krugman on Obama’s Budget
Elections have consequences. President Obama’s new budget represents a huge break, not just with the policies of the past eight years, but with policy trends over the past 30 years. If he can get anything like the plan he announced on Thursday through Congress, he will set America on a fundamentally new course.

My friends on the left (hi, !) will say that it doesn’t go far enough, that its too timid, too centrist, too rooted in current politics. My acquaintances and friends on the right will say that its Obamageddon.
And of course, the question is how will all of this get through Congress, and how will the final product actually look.