Speaking to MSNBC on Monday, the longtime magazine scribe said that the Obama administration is not "too crazy about Krugman" (no surprise, considering how much criticism Krugman has laid on the White House's economic policies) and that, in private, they "think he is naïve."

"They think he is naive, that his idea of bank nationalization is not going to work," said Thomas. "But they are careful not to criticize him on the record."

"You know, I think the administration is trying to ignore Krugman, quite frankly," Thomas went on. "But they can't entirely because he has a big voice. You know, that platform of the New York Times, that's a big platform. And he's got his Nobel Prize. You have to take him seriously and can't just ignore him.

Typical of our media to couch it as Obama vs Krugman. Many economists and financial commenters are saying that endless bailouts for banks are prolonging the system's problems and that the toxic assets plan is baloney. They just aren't getting the profile Krugman is.
- tom moody 3-31-2009 2:37 pm