Jonathan S. Tobin writes for the Commentary blog that he has reached consensus with economist Paul Krugman on one key issue.
I rarely agree with New York Times columnist Paul Krugman, but he spoke the truth when he wrote yesterday on his blog at the paper that the notion of President Obama appointing him to the post of treasury secretary was a “bad idea.” The economy is in bad enough shape as it is without exacerbating our problems by putting a doctrinaire liberal like Krugman in the position once held by Alexander Hamilton. But what is interesting about the question of Krugman’s future plans is not so much the negligible merits of the proposal but the idea that anyone other than the columnist and a few of his devoted readers who signed a petition to the effect ever considered it for a moment.
It is to be expected that those who have attained the lofty status held by the Times’s op-ed gods live in something like a bubble. That is especially true for those columnists who regularly appeal to the ideological prejudices of the paper’s core readership, as Krugman does. It is to be imagined that some of (as the Wall Street Journal’s James Taranto likes to call him) the former Enron advisor’s fans really do believe he should be running the country’s finances. But it takes a special kind of egotism, if not hubris, for a writer—even one with a position at Princeton University and a Nobel Prize—to take such babblings seriously enough to write a straight-faced post about why they wouldn’t deign to sit at the cabinet table with the president of the United States. The result is a self-parody that provides a cringe-inducing explanation about why he thinks he is too important to accept the position. Even Krugman’s greatest admirers had to be left scratching their heads.