‘Legacy of Debt’ Gives Fiscal Stimulus Bad Name: Caroline Baum

[Skip to the end] This article gives Baum a bad name. ‘Legacy of Debt’ Gives Fiscal Stimulus Bad Name: Caroline Baum Commentary by Caroline Baum June 5(Bloomberg) — By the time the U.S. government unveiled its Public Private Investment Partnership in March, the toxic loans and securities clogging bank balance sheets had become “legacy assets.” What if deficit hawks took [...]