Tuesday, October 11, 2011
"The Way Forward"
A report, to which our own Bob Hockett contributed, by the New America Foundation, called "The Way Forward: Moving From the Post-Bubble, Post-Bust Economy to Renewed Growth and Competitiveness," gets notice and praise in this New York Times piece by Joe Nocera called "This Time, It Really Is Different."
I'm just a caveman, and I confess to wanting to "roll my eyes" (to quote Nocera) at those who "roll their eyes" at calls for deficit-reduction. At the same time, like 99.9% of those who comment on Our Situation, I do not grasp all of its complexities. Anyway, check out the report.
https://mirrorofjustice.blogs.com/mirrorofjustice/2011/10/the-way-forward.html
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Here's the paper Bob co-authored: http://growth.newamerica.net/sites/newamerica.net/files/policydocs/NAF-The_Way_Forward-Alpert_Hockett_Roubini_0.pdf