“The implication, reinforced elsewhere in the piece, is that the Democrats did the right thing, just not enough of it. Their only mistake was not making the stimulus even bigger. If only they had spent even more and taxed even less, the economy wouldn’t be in such miserable shape. That is one possible interpretation of what happened. Another is that Romer is like a medieval physician explaining to the grieving relatives that if only he had bled the patient a few more times, he would have recovered.” (09/01/10)