"The Fire Last Time" KRUGMAN Most Awesome Answer to the "Are You Better Off" Question

Suppose your house is on fire and the firefighters race to the scene. They set up their hoses and start spraying water on the blaze as quickly as possible. After the fire is put out, the courageous news reporter on the scene asks the chief firefighter, “is the house in better shape than when you got here?”

Yes, that would be a really ridiculous question.

…

A serious reporter asks the fire chief if he had brought a large enough crew, if they enough hoses, if the water pressure was sufficient. That might require some minimal knowledge of how to put out fires.

Obama came to office in the midst of the worst economic crisis since the 1930s. The question should be how well he dealt with that crisis — and in particular whether the man seeking to replace him would have done better.

MUCH MORE PLUS GRAPHS!!!

http://krugman.blogs.nytimes.com/2012/09/04/the-fire-last-time/