Not the Right Time
https://portside.org/2013-08-03/not-right-time
Portside Date:
Author: Justin Wolfers
Date of source:
The New York Times
'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