The Perfect Fiscal Storm

L. Randall Wray

Challenge, 2003, vol. 46, issue 1, pages 55-78

Abstract: This economist thinks that private debt got too far out of hand in the 1990s to make a recovery and economic expansion easy to achieve. He wants the federal government, among other things, to bail out the states and perhaps loosen its fiscal posture well beyond the short run.

Date: 2003
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