The Lame-Duck Economy

New York Times - by Paul Krugman - Nov. 21, 2008 (Opinion)
The interregnum of 1932-1933, the long stretch between the election and the actual transfer of power, was disastrous for the U.S. economy, at least in part because the outgoing administration had no credibility, the incoming administration had no authority and the ideological chasm between the two sides was too great to allow concerted action. And the same thing is happening now. More »
Review | Like | Submitted by Derek Hawkins
Featured Reviews
Kgavataraz_thumb
3.9
by Kristin Gorski - Nov. 21, 2008 - See Full Review (12 answers)
Notes: Insightful take how crucial the next two months will be in jump-starting -- or at least just stalling the free-fall of -- the U.S. economy.
Comment: The more parallels I read between 2008 and 1932, the more concern I have about possible long-lasting negative effects of the "lame-duck economy".

Dscf2146_thumb
4.5
by Glenn LaBauve - Nov. 22, 2008 - See Full Review (12 answers)
Notes: When you've won the nobel prize in your field, people listen

Member_photo_thumb
4.3
by James Jackson - Nov. 21, 2008 - See Full Review (11 answers)
Notes: It is in the nature of ed-op pieces that they are too short to deal with complex problems. Still, Mr Krugman was able to at least point out the rudderless drift in economic policy caused by the power vacuum in Washington.

More Reviews
N1812091_2834_thumb
4.0
by Derek Hawkins - Nov. 21, 2008 - See Full Review (10 answers)
Derek submitted this story.

Silhoutte_sml
4.7
by Randy Morrow - Nov. 22, 2008 - See Full Review (10 answers)

Tags Help
Topics U.S., Business, World, Politics | U.S. Economy, Global Economy, Obama Administration, Bush Administration
Research Help
Search Sites Google | Yahoo | Technorati | Wikipedia | del.icio.us
Stats Help
Editorial Help
Submitted by Submitted by Derek Hawkins - Nov 21, 2008 - 7:21 AM PST
Reviewed by Derek Hawkins (review), James Jackson (review), Kristin Gorski (review), Randy Morrow (review), Glenn LaBauve (review)
Edited by Derek Hawkins - Nov 21, 2008 - 7:21 AM PST
No quotes yet. Please review this story to add some!
Comments
The more parallels I read between 2008 and 1932, the more concern I have about possible long-lasting negative effects of the "lame-duck economy".
Tools

To:


Separate email addresses with commas.
25 recipients max.

Note:


(Beta) Ratings
Our Rating
4.2
(very good)
5 reviews

Quality
4.2

Context
4.4

Enterprise
4.0

Expertise
3.6

Information
4.0

Insight
4.2

Originality
4.2

Relevance
4.6

Style
4.4

Popularity
4.1

Recommendation
4.6

Credibility
4.0

# Reviews
2.5

# Views
5.0

# Likes
1.0

# Emails
1.0


How our ratings work