Tuesday :: Mar 8, 2011

Open Thread

by Mary

Mark Thoma writes about how he's become convinced that the policies put in place during a crisis must be better focused on getting public support:

We have a responsibility to make sure that both monetary and fiscal policy are still there for future generations. If we do things now that are economically justified, but political disasters, then the next time policy is needed it won't be there -- the policies won't have the public support that is needed for politicians to get behind them.

He even says that policies would be better if they worked as trickle up.

Despite the excellent thoughts, it is clear that the people running our system of politics right now would rather have crises that lead to disaster capitalism rather than problems to solve for the country.

Mary :: 12:00 AM :: Comments (2) :: Digg It!