Michael Lind on Obama listen03/06/09 Mitch E. Perry
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As the stock market continues its downward spiral, some conservative critics are blaming President Obama, not yet in office 6 weeks yet.
In an opinion piece in today’s Wall Street Journal called “Obama’s radicalism is Killing the Dow,” Stanford University Economics Professor Michael J. Boskin writes that the Wall Street sell-off is a product in part of the realization that our new president’s policies are designed to radically re-engineer the market-based U.S. economy, not just mitigate the recession and financial crises.
Other conservatives have been equally damning. But a former conservative thinks just the opposite.
Michael Lind is a fellow at the new American Foundation. In an article written today on Salon.Com, Lind accuses Barack Obama of being too timid in his prescriptions. And he says it’s absurd to blame the economy’s downfall on the president.
Lind is the author of 14 books on political theory and history. His essay on “Obama’s Timid Liberalism” can be found on Salon.com.