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It’s a bit disappointing to see the Obama administration engaging in this sort of market-worship — hailing markets as a Good Thing in themselves, rather than as an often but not always useful means to an end. But I have reason to think that unlike the Bushies, they don’t really believe it; it’s just politics. Which is actually better than having genuine market fanatics running things, I guess. Paul Krugman paulkrugman.blogs.newyorktime.comI suppose we should be grateful that the Times is providing some opposition to the administration given their record during the Bush years. But too many commentators on the left and the right have accepted the ridiculous idea that the Obama administration is actually socialist. Time to do our homework and show that the Emporer's New Clothes may just be the same ol' neoliberal con job of making the rich richer gussied up as populist policy.