An Economic To Do List From Larry Summers

  1. Do more than focus on the deficit
  2. Avoid sequester and spread cuts overtime
  3. Address international aspects of corporate tax reform (see related posts here and here)
  4. Fix housing finance and loosen GSE lending restrictions modestly
  5. Accelerate the transformation of the North American energy sector
  6. Other things (besides the deficit)

    More items could be added to this list, including innovations in regulation and finance with respect to infrastructure investment. Unlike deficit reduction, where all the choices are painful, measures to spur growth can benefit all Americans as well as help the federal budget. Growth and job creation are, after all, the ultimate ends of economic policy. They, at least as much as fiscal issues, should become the focus of our national economic conversation.

Full article here

About ozidar

I'm an Assistant Professor of Economics at the University of Chicago Booth School of Business and a Faculty Research Fellow at National Bureau of Economic Research. You can follow me on twitter @omzidar.
This entry was posted in Uncategorized and tagged , , , , , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s