08 January 2009

OK, Now I'm Worried

My favorite economist is Nobel laureate Paul Krugman, not only because he's one of the best, but also because I can actually understand him. His current forecast is not bright. We need risky, radical, large-scale, politically-difficult action on the part of the government—immediately—or we are facing Great Depression II. As someone who works at a non-profit funded by charitable donations, I can't help but be a bit nervous about the future. The good news is that Obama knows what needs to be done and will try do do it. The bad news is that it will be politically difficult. Everyone hold your breath . . .

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