"There may not be much President Obama can do to improve the economy between now and the election, but telling a clear story about why it remains weak could mean the difference between victory and defeat this November. Nobel Prize-winning economist and New York Times columnist Paul Krugman fears the Obama team is getting that critical narrative wrong."" “They’ve tied themselves up in knots because they’ve bought into this notion that it would sound wrong to admit that they haven’t been able to do everything that they really should have done,” Krugman told TPM in an interview following the release of his new book, “End This Depression Now!” “It’s incredible — they can’t quite make up their minds on whether the theme is that Republicans are standing in the way of doing what has to be done, or things are really good and America’s back on track. The problem is that you can’t perceive both of those lines at the same time.”
Team Obama’s narrative — that the stimulative measures he took were precisely what the country needed, and as a result America is on the mend — is based on a gamble that the economy will be in a steady recovery come Election Day. But if outside factors diminish the outlook, it will leave voters with the impression that Obama’s approach itself was the problem, rather than the vigorous Republican resistance that forced him to scale back his ambitions.
http://tpmdc.talkingpointsmemo.com/2012/05/krugman-obama-lose-reelection.php
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