Krugman does an excellent job on Geithners _Stress Test_. Im not - TopicsExpress

Krugman does an excellent job on Geithners _Stress Test_. Im not as convinced as Krugman that the persistence of economic slack is due to debt overhang -- I think that credit tightening by banks has played an important role as well. But, I completely agree that Geithner is self serving in his take on the role that stimulus could have played. nybooks/articles/archives/2014/jul/10/geithner-does-he-pass-test/?insrc=hpss

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