April 4, 2010
This is the question that everyone should be asking, not just of Greenspan, but of every economist in the country. The NYT has nice column by Michael Burry on the topic.
As the sequester looms, what's most clear is that both parties have given in to the idea that our chief problem is deficits.
You need to be logged in to comment.(If there's one thing we know about comment trolls, it's that they're lazy)
Dean Baker is co-director of the Center for Economic and Policy Research in Washington, D.C. He is the author of several books, including Plunder & Blunder: The Rise and Fall of the Bubble Economy, The Conservative Nanny State: How the Wealthy Use the Government to Stay Rich and Get Richer and The United States Since 1980. Read more about Dean.