I don't think he advocated or clearly condemned the action in the article mentioned (and I haven't been reading Krugman long enough to recall any other posts on

I don't think he advocated or clearly condemned the action in the article mentioned (and I haven't been reading Krugman long enough to recall any other posts on the issue). I think he's merely analyzing the actors involved, their motivations and their likely moves. I think this part of the article in question leads credence to that: The administration needs a recovery because, with deficits exploding, the only way it can justify that tax cut is by pretending that it was just what the economy needed. Mr. Greenspan needs one to avoid awkward questions about his own role in creating the stock market bubble. So he's talking about what he thinks Greenspan and the administration will do and why. He doesn't appear to me to be offering any opinion on the wisdom of the course.