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It could be because Krugman was so vocal about supporting Hillary's health care plan during the primary.
However, I would really love to see him as Treasury. I believe he is most a pragmatist and a leftist and he has excellent social skills.
With all these bailouts, the people who are not being bailed out are poor people and lower working class people. They will really hurt. I remember that Krugman -- remember the stimulus -- wanted to see some of it to go straight to increasing food stamps. Food stamps are essential to the working poor. They help keep them working and actually aid in keeping them off welfare. Moreover, they have to spend it so that it goes straight into the economy.
I don't know much about the economy, but the only people I see who have been bailed out thus far are rich, investment bankers. I would like to kick Paulson's ass. All that money -- no real oversight.
