Krugman calls Obama 'clueless,' says 'we're doomed'

Liberal opnion-maker Paul Krugman has become increasingly frustrated with President Obama in recent weeks, judging by some of his posts.

Today, he slams Obama for saying he "doesn't begrudge" executives getting big bonuses.

"[H]ow is it possible, at this late date, for Obama to be this clueless?" he asks.

He continues:

There’s good reason to feel outraged at the growing appearance that we’re running a system of lemon socialism, in which losses are public but gains are private. And at the very least, you would think that Obama would understand the importance of acknowledging public anger over what’s happening.

But no. If the Bloomberg story is to be believed, Obama thinks his key to electoral success is to trumpet “the influence corporate leaders have had on his economic policies.”

We’re doomed.
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