Didn't read this until the end of the day, after the markets soared:
http://www.nytimes.com/2009/03/23/opinion/23krugman.html?_r=1
And now read the Executive Comments to this article, espspecially Susan Korniak's torwards the end:
http://community.nytimes.com/article/comments/2009/03/23/opinion/23krugman.html?hp