Tag Archives: Bradford DeLong

Next Recession Will Be Political, Not Economic

One of the economics blogs I like to check out is Project Syndicate, where University of California at Berkeley economist J. Bradford DeLong recently posted America’s Political Recession. Professor DeLong takes up the notion of a bipartisan solution for our economic woes and has an interesting take on the intransigence of the Republican Party:

Obama broadly follows Ronald Reagan’s (second-term) security policy, George H.W.  Bush’s spending policy, Bill Clinton’s tax policy, the bipartisan Squam Lake Group’s financial-regulatory policy, Perry’s  immigration policy, John McCain’s climate-change policy, and Mitt Romney’s  health-care policy (at least when Romney was governor of Massachusetts). And yet  he has gotten next to no Republicans to support their own policies.

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