Tie U.S. Recovery Program to Economic Indicators: Peter Orszag
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Feb. 8 (Bloomberg) -- According to early forecasts, theU.S. economy should already have recovered from the financialcrisis. Despite some recent encouraging news, though, we stilldon’t know when things will be back to normal.
What have we learned from this delay? That in devisingpublic policy to respond to the recession, it would have beensmart to minimize the guesswork by relying more on automaticeconomic stabilizers.