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.
The unemployment rate fell to the lowest rate in decades, but there is still a long way to go to make up for the damage of the Great Recession and the decades of wage stagnation that preceded it.
Will lower corporate taxes generate an investment boom? The evidence suggests not.
Two provisions designed to offset the federal cap on SALT deductions is a big step toward fighting back against the GOP tax plan.
Dean Baker senior economist at 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.