Which Way, L.A.?
More Federal Stimulus Spending or a Switch to Austerity?
White House OMB Director Peter Orszag has announced his resignation and insiders say it's due to frustration with the lack of aggressive action against the growing fiscal deficit.
By Warren Olney • • 1 min readWhite House OMB Director Peter Orszag has announced his resignation and insiders say it's due to frustration with the lack of aggressive action against the growing fiscal deficit. President Obama is committed to pumping up the recovery with continued spending and to his campaign promise not to raise taxes on households earning less than $250,000 a year. Is it time for increased federal stimulus spending or a switch to austerity? We hear a debate.
Warren Olney
former KCRW broadcaster
Katie Cooper
Producer, 'One year Later'
Andrea Brody
Senior Producer, KCRW's Life Examined and To the Point podcast
Christian Bordal
Managing Producer, Greater LA
Ed Luce
Financial Times
Alberto Alesina
Professor of Political Economics, Harvard University
James Galbraith
University of Texas, Austin