Published: 2002-08-02
This note was written on August 2, 2002, but the scraped content was originally published on August 2, 2002.
We Need to Create a Housing Bubble
To overcome the economic downturn, the Federal Reserve's occasional interest rate adjustments alone are insufficient; to induce an increase in household spending sufficient to offset sluggish corporate investment, Fed Chairman Alan Greenspan needs to create a housing bubble instead of the Nasdaq bubble.
Topics: Paul Krugman
Category: Scrap/Saved
Publish: 2002-08-02
Source: https://www.nytimes.com/2002/08/02/opinion/dubya-s-double-dip.html