Very Interesting Article on the Economy

Discussion in 'The Back Room' started by Sid, Mar 24, 2009.

  1. Sid

    Sid Well-Known Member

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    My associate gave me the printed version of this article in the NY Times, written by David Leonhardt and published January 27. IMO it provides exceptional insight and historical perspective into what is happening now, what could happen in the future that is good, and how the (at the time the article was published) proposed debt level compared to gross domestic product historically is not unreasonable in view of the potential economic growth it could help to stimulate.

    Warning #1: The article is very long - 16 printed pages. I normally do not like long articles, but once I started reading, I could not put it down.

    Warning #2: You conservatives need to get past the early references to Rahm Emmanuel to see the real thought-provoking meat of the article. I don't see it as liberal gibberish. On the contrary, it comes across to me as a level-headed and well-researched commentary.

    The Big Fix
     
  2. BuckeyeT

    BuckeyeT Well-Known Member

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    You're right on both counts Sid.....it is long and I've had several false starts thus far and have failed each time to get past the Rahm hurdle.... :wink:

    ....but I promise to try harder next time and read the whole thing.