“We’re ready to have a strong economy and bring unemployment down, and the talk of sequestration, the fiscal cliff — austerity economics in general — is hurting us badly.” —Jeff Madrick watch video
“The amazing thing about this entire story is that everyone seemed to have known there was a problem with LIBOR. The process of rate setting was completely subjective.” — Tracy Alloway watch video
“I think both parties believe in austerity. They believe they’ve — I guess they’ve drunk the Kool-Aid, that we’ve got to deal with this budget deficit right now. Well, the economy is too darn weak to start having tax increases, [...] watch video
Matt Brown, John Hibbing, Jim David, Julianna Forlano and Harrison Greenbaum.
