Skip to main content

Not the Right Time

'The disjunction between textbook economics and the choices being made in Washington is larger than any I’ve seen in my lifetime. At a time of mass unemployment, it’s clear, the economics textbooks tell us, that this is not the right time for fiscal retrenchment.

'... To watch it be ignored like this is exasperating, horrifying, disheartening.'

Justin Wolfers, an economics professor
at the Gerald R. Ford School of Public
Policy at the University of Michigan

 

If you like this article, please sign up for Snapshot, Portside's daily summary.

(One summary e-mail a day, you can change anytime, and Portside is always free.)