Sunday, October 14, 2012

Short: Economists as clueless/divided as we are

Here's a fun read. The Economist news magazine asked top American economists to review Obama's and Romney's economic plans. They were not impressed.

My favorites among many pithy comments:
  • I have no idea what you think they have said that is specific enough to grade.
  • My worst fear is that the election produces no clear winner. That will prolong the current policy uncertainty which is stalling the recovery...
  • Best case = gridlock. Worst case = tax cuts for wealthy... 
One point--these comments are probably kinder than what they would say about one another.

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