Paul Krugman makes an excellent point today (when doesn’t he make excellent points?):

Democrats, declared Evan Bayh in an Op-Ed article on Wednesday in The Times, “overreached by focusing on health care rather than job creation during a severe recession.” Many others have been saying the same thing: the notion that the Obama administration erred by not focusing on the economy is hardening into conventional wisdom.

But I have no idea what, if anything, people mean when they say that. The whole focus on “focus” is, as I see it, an act of intellectual cowardice — a way to criticize President Obama’s record without explaining what you would have done differently.

After all, are people who say that Mr. Obama should have focused on the economy saying that he should have pursued a bigger stimulus package? Are they saying that he should have taken a tougher line with the banks? If not, what are they saying? That he should have walked around with furrowed brow muttering, “I’m focused, I’m focused”?

The issue, says Krugman, is not the lack of focus, but the inadequacy of the White House’s economic plan. This is something Krugman has been hammering from day one and who knows where we’d be if Democrats had listened to him and others who were advocating for a more audacious stimulus.

This raises another point. I actually think Obama was smart to use the momentum of the 2008 campaign to pass a health insurance bill. My complaint – and that of many progressives – was that the administration was ceding too much ground in the debate, was flat-footed in response to the rightwing noise machine, was blithely negotiating away key bargaining chips, and was getting bogged down in appeasing a few centrist Democrats who appeared to be negotiating in bad faith. Remember, progressives were agitating for the threat of reconciliation long before Scott Brown’s stunning victory.

Still, the bill passed, and I don’t buy into the congealing conventional wisdom that Obama should have postponed tackling health care.