We know it’s not easy being an economist these days. Everyone blames you for the fact that they are losing their jobs and their homes, and their life savings. They hold you responsible because you didn’t warn the country about an $8 trillion housing bubble.
Well there’s no point in mourning about the past. The point is to get right next time. And this is next time.
The recession continues to deepen and throw more people out of work by the day. While the stimulus passed by Congress in February will be helpful, it clearly is not enough given the severity of the downturn.
So, it’s time to step up to the plate and seize the opportunity. Add your name to the list of those calling for a third stimulus. It’s what the economy needs and you can make kids proud by saying it clearly.