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Tuesday, March 17, 2009 at 3:32 AM
3:32AM

Let's compromise on the recession response

DateTuesday, March 17, 2009 at 3:32AM

ARTICLE: Obama seeks to get past differences on global financial plan, By Stephen Labaton, International Herald Tribune, March 12, 2009

As per my recent Esquire piece, Europe sees an institutional response being required while America is more into a sheer fiscal response.

One thinks some sort of compromise makes sense, to make all those holders of our debt less nervous. By my calculations, we owe about $3.5T east and $1T west.

(Thanks: Abram Conrad)

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