No Relief in Sight
by Paul Krugman

So Glenn Hubbard has resigned as chairman of the Council of Economic Advisers — to spend more time with his family, of course. (Pay no attention to the knife handles protruding from his back.) Gregory Mankiw, his successor, is a very good economist, but never mind: When the political apparatchiks who make all decisions in this administration want Mr. Mankiw's opinion, they'll tell Mr. Mankiw what it is.

Meanwhile consumer confidence is plunging, and almost two-thirds of voters rate the current state of the economy as "poor." Is there any relief in sight? No.
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