Past experience with fiscal austerity at home and overseas strongly suggests that it is best for the economys long-run performance to restrain government spending rather than raise taxes. – Mark Zandi
I only have two things in my life, my family and work. If theres any time left over, then I play sports. – Mark Zandi
The FHAs success provides strong evidence that government can and should play a role in the nations 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 discussion in Washington has changed dramatically. I mean, its no longer a question of should we address entitlements – its no longer a question of do we need to reduce spending in the future. – Mark Zandi