Randall Wray and Michael Tanner on the Deficit

By John Lounsbury

Michael Tanner is a Cato Institute Senior Fellow and L. Randall Wray is Professor of Economics, University of Missouri, Kansas City. The two discussed opposing views on how to deal with the U.S. federal deficit in a radio interview conducted by Ross Reynolds at KUOW, Seattle. The interview and exchanges between the two principals can be heard on the following two audio recordings. The first is just under nine minutes and the second a little over ten.

Recognize that these two economists are on the opposite side of a very contentious issue. Perhaps you will be amazed that both managed to address the details involved in a very civil and non-personal manner.

If you want some mud slinging, just skip the audios. If you want something more substantive, enjoy.