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View Diary: Austan Goolsbee’s Departure “Leaves Behind Frustration, Political Dysfunction” (239 comments)

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  •  You get it. The US housing souffle is not (2+ / 0-)
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    keikekaze, RFK Lives

    going to rise again to save this dinner party. Consumers are very constrained, so the US can't shop its way out of this economic gloom. The banks won't be lending a big rush of money to entrepreneurs to make a "supply-side" fix. Prudent, well-targeted government stimulus is the best shot in the quiver, only  US politicians on both sides are talking about fixing the plumbing while the house is on fire. (Sorry about the grab bag of mixed metaphors.)

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