A conversation about the growing fiscal deficit on Charlie Rose

By Edward Harrison On Jun 12, 2009

Alan Blinder, David Leonhardt, and Alan Auerbach talk about deficits. Leonhardt had a well-regarded piece in the New York Times on the issue linked below.

There are two basic truths about the enormous deficits that the federal government will run in the coming years.

The first is that President Obama’s agenda, ambitious as it may be, is responsible for only a sliver of the deficits, despite what many of his Republican critics are saying. The second is that Mr. Obama does not have a realistic plan for eliminating the deficit, despite what his advisers have suggested.

-David Leonhardt, 9 Jun 2009

Source

America’s Sea of Red Ink Was Years in the Making – David Leonhardt, NY Times

Edward Harrison 7783 posts 575 comments

Edward Harrison is a senior Editor at Bloomberg. He is also the founder of Credit Writedowns newsletter, a former career diplomat, investment banker and technology executive with over twenty five years of business experience. He speaks six languages and reads another five, skills he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College.

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Links: 2009-06-13

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