内容简介
Forthesecondtimethisdecade,theUSeconomyissinkingintoarecessionduetothecollapseofafinancialbubble.Themostrecentcalamityislikelytoproduceadownturndeeperandlongerthanthestockmarketcrashof2001.DeanBakerarguesnotonlythatcompetenteconomistsshouldhaverecognizedthedevelopinghousingbubble,butalsothatpolicymakersandthemediacheerfullyneglectedthoseeconomistswhodidpredictdanger.Bakerdoesntengagein20-20hindsight,butdocumentsthefundamentalpolicychangessince1980thatdestabilizedtheeconomyanderodedthebroadprosperityofthepost-warperiod.Hisexpertanalysisexplainstheoutcomesclearlysowecanpreventsimilarfinancialdisastersinthefuture.,