"Yes, absolutely. He will, after all, be faced with a choice between two alternatives: one that’s silly but benign, the other that’s equally silly but both vile and disastrous. The decision should be obvious."
Says Paul Krugman.
It's strange that it's come to this, but I don't believe the President of the United States would choose to do something that will strike the people as so bizarre, even if he feels capable of articulating the legal theory with a straight face. The President must maintain the people's trust and confidence. He must be comprehensible as normal, sound, and sane to ordinary folks.
ADDED:
Monday, January 7, 2013
"Should President Obama be willing to print a $1 trillion platinum coin if Republicans try to force America into default?"
Labels:
Krugman,
money,
Obama economics
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