Paul Krugman, expert economist

Stephen Spruiell at NRO's "The Corner" gives us a little set of reminders about Nobel laureate Paul Krugman:

Paul Krugman posts, "A Note On The Economy":

Quite aside from everything else going on, the economic recovery isn’t looking very good. Unemployment claims are stalled at a level that bodes ill for for the overall employment picture (don’t count on falling unemployment until that number falls well below 400,000). And the 10-year bond rate, which is my personal index of the market’s expectations about recovery, has been falling off again after rising for several weeks.
No reason to panic — but it does look as if this recovery is going to be jobless for quite a while.

That's weird. I read somewhere that the stimulus would be having its maximum effect right now.

 Do read it all.  It gets even better.