Nobel Prize winning economist Paul Krugman was on the Today Show this morning to discuss President-elect Obama's news conference yesterday, the emerging economic team, and the transition of power. There has been a lot of talk lately about the lack of leadership right now in Washington DC, and the need for a quicker transition. Krugman does not see that happening with this White House, though he has written about this lack of leadership and how it could make a bad situation worse. Personally I think Obama has recognized this problem, and that is why they are doing this multiple day roll-out of his economic plans and team.
Watch Professor Krugman here: