What America Should Do Now

March 2008
Newsweek (Pacific Edition);3/31/2008 (Pacific Edition), Vol. 151 Issue 13, p52
The article presents a number of editorials on the credit market decline in the U.S. in 2008. Former U.S. Treasury Secretary Robert Rubin believes the U.S. Federal Reserve Board has handled the situation well. The vice chairman of General Motors, Bob Lutz, does not believe that the U.S. is in a recession. Professor Robert Shiller compares the housing market crisis in 2008 to that of the Great Depression.


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