http://www.nytimes.com/2011/07/11/opinion/11krugman.html?_r=1&partner=rssnyt&emc=rss OK, I admit that is not what he intended to say, but when you contrast that to what he said about the stimulus two years ago it adds up to him admitting that the stimulus is full of shit. What the centrists have wrought - NYTimes.com That's right folks, the part of the stimulus that was the most needed because it prevents spending cuts and most effective because it would actually be spent is the part that "wasnt the kind of job-creation program we could and should have had." He is trying to blame it on the tax cuts, but the truth is that it had no chance from the beginning. Even if Krugman had personally designed the stimulus plan to cover exactly what he knows it needed to cover it wouldn't have worked because it would not do what he claimed. I would love to say that Keynesian economics is dead, but some idiots will never learn. That list obviously includes Paul Krugman.