Elizabeth Drew of NYT Book Review provides the liberal view

Elizabeth Drew is obviously a garden variety liberal who shows no evidence of having read anything about past recessions and depressions and who is clearly unaware of George Santayana's classic admonition: "Those who do not remember the past are condemned to repeat it".  The past was Herbert Hoover's reaction to the onset of the Great Depression in 1929 to dramatically increase taxes and create government spending programs willy nilly. Things got much worse over the next three years and in 1932 FDR ran against these profligate big spending programs, won big over the incumbent Hoover and proceeded in the next several years to double down on all Hoover's misguided tax and spending programs. Only the onset of the second world war in 1941, twelve years after the Great Depression began,  put Americans back to work thus ending the longest and deepest economic correction in our country's history.  In short the high tax big spending government programs during the '30's did little other than to prolong a recovery and make a bad economy worse.  So here we have the example of another "pundit" essentially agreeing with Obama's position on raising taxes and continuing big spending government programs that history showed us did not work.  And so it goes in liberal circles today.