Monday, January 14, 2008

To Blunt a Recession

http://www.washingtonpost.com/wp-dyn/content/article/2008/01/10/AR2008011003243.html

Great article

(with the obvious exception to this workaround: "Congress does not usually work with this degree of precision, which is why it's preferable to rely on the fast-acting Fed and its independent experts."  I like the final solution though, with the note that the same could be applied through Congress if structured in advance of fire-fighting mode.)

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