Paul Krugman's "Setting Their Hair on Fire": Obama Goes "Bigger and Bolder"?

In his New York Times op-ed "Setting Their Hair on Fire" (http://www.nytimes.com/2011/09/09/opinion/setting-their-hair-on-fire.html?_r=1), Paul Krugman would have us believe that there was something new in Obama's "jobs plan," which has yet to be fleshed out on paper. According to "The Conscience of a Liberal":

"The good news in all this is that by going bigger and bolder than expected, Mr. Obama may finally have set the stage for a political debate about job creation."

Bigger and bolder? Yeah, right. Have a look at Glenn Kessler's "Obama’s jobs speech: deja vu all over again?" (http://www.washingtonpost.com/blogs/fact-checker/post/obamas-jobs-speech-deja-vu-all-over-again/2011/09/08/gIQA9amvDK_blog.html) in The Washington Post. As aptly illustrated by Mr. Kessler, it is extremely difficult to find the differences between Obama's latest "job plan" and "the $800 billion stimulus plan passed shortly after he took office."

Although Krugman waxed eloquent over Obama's treacle, world financial markets obviously had a different opinion.