We Are So Screwed; Economics Edition, Part III

Paul Krugman is making the argument that the national economy is basically rudderless and will be so until January 20th.

Because of that stunning lack of leadership from the Executive Branch, things are sliding out of control. The problem is that there is no real solution to this lack of competence at the White House. We cannot expect George Bush to step up and work on solving a complex problem that requires actions other than the two things he loves: Cutting taxes and killing people.

We are so screwed.