Andrew Leonard cites analyses of pending financial reform legislation by Paul Krugman and Noam Scheiber to suggest that the Administration will be happy to pass a weak bill and declare victory -- and that more generally, "the public's perception of how the administration is addressing the nation's problems may be more important to the White House than whether or not those problems will actually be solved."
To my eye, Leonard's article is a cautionary example of how easy it is to misrepresent others' writings in support of one's own thesis. I made the case in a comment, here. The Summers interview to which Leonard refers is here (and is also the subject of my prior two posts, here and here).
The Kid Are Alright Trash Talk
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