Robert J. Samuelson - A Villain To Our Rescue - washingtonpos...
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UM-Flint Thompson Library
4 members,365 bookmarks
An experiment in allowing users to help build the website of the Thompson Library at UM-Flint.
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Saved by 1 people (0 private), first by anonymouse user on 2007-10-24
- Pgstreby on 2007-10-24 - Tags columnists , economics
Public Sticky notes
It's our versatile villain. Globalization has served as a whipping boy for politicians of both parties and legions of pundits. We blame it for all manner of grievances: lost jobs, greater inequality, shoddy goods. But take this quiz as a reality check. What explains the resilience of the U.S. economy in the face of the deepening housing collapse? (a) Ben Bernanke's deft management of the Federal Reserve; (b) the tireless spending of consumers; (c) low inflation; or (d) foreign trade.
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