urban institute nonprofit social and economic policy research

Versus: Does the Economy Need -- And Can We Afford -- Another Jolt of Stimulus?

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Friday, January 29
9:00–10:00 a.m.

Listen to the event

Audio Recording

Participants

Rudolph Penner
Rudolph Penner
, Institute fellow, Urban Institute; former director, Congressional Budget Office

Mark Zandi
Mark Zandi, chief economist, Moody’s Economy.com

Moderator
Robert Reischauer
Robert Reischauer, president, Urban Institute; former director, Congressional Budget Office

The economy continues to struggle, notwithstanding the $787 billion stimulus package enacted in 2009.

Some fear a double-dip recession and point to the IMF’s warning that fragile progress could be undone by mistiming an exit from stimulus-focused policies. Others see signs that a recovery is under way and point to the nation’s huge deficits and ballooning debt as reasons to begin trimming our fiscal sails.  

The tradeoffs between the near-term benefits of additional fiscal stimulus and the future risks from a debt-driven meltdown are splintering the policy community. Come hear two of the country’s leading economists assess the current economy, forecast where it’s headed and what our national leaders will do about its ailments, and square off about their own prescriptions.

Resources:
- Bios (pdf)
- Mark Zandi: What Is Wrong with the Job Market and How to Fix It (pdf)

At the Urban Institute, 2100 M Street, NW, Washington, D.C.

 
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