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Businesses and households would run for the bunker, and we'd be back in recession. I don't see how we could avoid it
Economists: Lame ducks have big decisions Nov 04, 2010
The policy response, in its totality, has been very aggressive and I think ensures that the recovery will evolve into a self-sustaining expansion early in 2011
Economic Outlook: Confidence first Dec 24, 2010
When a homeowner's house is underwater, it's harder to get a credit card or a car loan. You can't put your home up for a small business loan. There are all sorts of little, pernicious effects that you don't necessarily think about
Home equity loans haunting homeowners Jun 07, 2011
If we don't get more job growth and gains in wages and salaries, then consumers just aren't going to have the firepower to spen, and the economy is going to weaken
Fed programs supply $2 of $10 in income Jul 11, 2011
I don't think lenders are going to be interested in extending a lot of debt in this environment
Economic Outlook: Neither a lender nor ... Aug 15, 2011
Mark Zandi is an American economist and co-founder of Moody's Economy.com, a widely-cited source of economic analysis.. Moody's Economy.com is part of Moody's Analytics. Prior to founding Economy.com, Zandi was a regional economist at Chase Econometrics.
He was born in Atlanta, Georgia of Iranian descent and grew up in Radnor, Pennsylvania. He attended Upper Merion High School where he earned his diploma. Zandi received B.S. and Ph.D. degrees in economics from the University of Pennsylvania. His surname of "Zandi" comes from the Zand dynasty (formally known as the Zandieh dynasty), which ruled southern and south-central Iran (1750–1794) in the eighteenth century.
Zandi's analysis of the impact of an economic stimulus package on the United States economy was cited by Christina Romer and Jared Bernstein in their report on President Barack Obama's proposed American Recovery and Reinvestment Plan. Zandi uses old-style Keynesian models in the spirit of Nobel Prize winner Lawrence Klein. The utility of such models to gauge the impact of fiscal stimulus has been questioned by Harvard economist Robert J. Barro.