La riposte de la gauche américaine s’organise face au plan d’Obama. Les Paul Krugman, Jeffrey Sachs, Robert Reich, Joe Stiglitz critiquent ouvertement la plan de secours des grandes banques US.
[FinancialTimes] The liberal backlash against President Barack Obama has begun with many prominent left-leaning economists in the US attacking the administration’s plans to bail out the banks.
Paul Krugman describes the toxic asset purchase plan as “cash for trash”. Jeffrey Sachs calls it “a thinly veiled attempt to transfer hundreds of billions of US taxpayer funds to the commercial banks”. Robert Reich depicts Tim Geithner, Treasury secretary, as a prisoner of Wall Street while Joe Stiglitz says the plan “amounts to robbery of the American people”….
Mr Reich now talks of the “Paulson-Geithner approach” to demonstrate what he sees as the continuity between Hank Paulson, George W. Bush’s last Treasury secretary, and the current administration. Mr Reich says bank nationalisation is the only answer to today’s crisis.
[HuffingtonPost] New York Times columnist Paul Krugman has been one of most vocal critics of the Obama administration’s bank bailout plan. As the Financial Times noted Friday, Krugman is one of the « many prominent left-leaning economists » who is leading what the article referred to as « the liberal backlash » against Obama. For example, in a widely-read post on his blog « Conscience of a Liberal » last Saturday, Krugman criticized Geithner’s plan for the banks, declaring that « the zombie ideas have won. » His critique quickly echoed around the blogosphere and beyond.