Wages and Panic Buttons (http://www.nytimes.com/yr/mo/day/op ed/03tyso.html) (fwd)

Seth Ackerman SAckerman at FAIR.org
Tue Aug 3 14:00:29 PDT 1999


Doug wrote:


> Laura Tyson wrote:
>
> >there is no need for the Fed to slam on the breaks
>
> Gosh, from a Berkeley professor writing in the newspaper of record!
> Standards have just gone all to hell. Unless there's some unconscious
> subtext here we should be analyzing - is something vulnerable about
> to shatter into pieces?
>
> Doug
>

That's a little unfair. It's not so unusual for a Democrat hack economist to gently urge caution on Greenspan in the NY Times, it there?

Seth



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