Monday 1 December 2008

Here comes the One, part 2

Greg Mankiw warns of some more impending stress for Obamalamadingdong:

What would you call a group of economists who are skeptical of regulating mortgage markets, who think unemployment insurance and unions increase unemployment, who say that tax hikes retard economic growth, and who believe that the recovery from the Great Depression was a monetary phenomenon rather than the result of New Deal fiscal policy?

No, it is not a right-wing cabal. It's Team Obama.


Just getting ready for the squealing to commence.

1 comment:

AntiCitizenOne said...

As long as they are not squeamish about regulating their currency they'll do O.K.

Nothing else really matters.
1/ Don't let Credit get out of control.
2/ Don't let bank staff take early bonuses from converting credit into money.