Author: Mark Zandi

Teacher

In the fourth grade my history teacher gave us a project: Why was the auto industry located in Detroit Michigan? I didn't know I was going to be an economist but I knew I was going to do something that was involved in answering questions like that one because I thought that was a fascinating question.

Mark Zandi

In the fourth grade my history teacher gave us a project: Why was the auto industry located in Detroit Michigan? I didn't know I was going to be an economist but I knew I was going to do something that was involved in answering questions like that one because I thought that was a fascinating question.

Learning

The Tea Party was born out of the disgust many Americans felt early in the financial crisis upon learning that the federal government was even contemplating reducing the principal on some troubled mortgages.

Mark Zandi

The Tea Party was born out of the disgust many Americans felt early in the financial crisis upon learning that the federal government was even contemplating reducing the principal on some troubled mortgages.

Future

The discussion in Washington has changed dramatically. I mean it's no longer a question of should we address entitlements – it's no longer a question of do we need to reduce spending in the future.

Mark Zandi

The discussion in Washington has changed dramatically. I mean it's no longer a question of should we address entitlements – it's no longer a question of do we need to reduce spending in the future.

Finance

The FHA's success provides strong evidence that government can and should play a role in the nation's mortgage finance system. It also demonstrates that although government intervention in the economy during the Great Recession was messy things would have been a lot messier without it.

Mark Zandi

The FHA's success provides strong evidence that government can and should play a role in the nation's mortgage finance system. It also demonstrates that although government intervention in the economy during the Great Recession was messy things would have been a lot messier without it.

Experience

Past experience with fiscal austerity at home and overseas strongly suggests that it is best for the economy's long-run performance to restrain government spending rather than raise taxes.

Mark Zandi

Past experience with fiscal austerity at home and overseas strongly suggests that it is best for the economy's long-run performance to restrain government spending rather than raise taxes.