Economic angst
Are Americans about to plunge into one of the worse economic crises in history? Or did Phil Gramm have a point when he called the current malaise a "mental" recession? All week, author Doug Henwood and Slate columnist Steven E. Landsburg discuss the federal government's role in reversing our economic slide.
Steven E. Landsburg says government bailouts hurt the U.S. economy in the long run. Doug Henwood says it isn't the middle class reaping the wealth generated by our Wall Street-focused economy.
DUST-UP
Doug Henwood says some lenders are too big to fail but ought to be more aggressively regulated. Steven E. Landsburg says full market exposure is the best oversight.
DUST-UP
Steven E. Landsburg says many owners are simply walking away from expensive mortgages. Doug Henwood expresses skepticism that people are abandoning their homes so willingly.
Doug Henwood says supply and demand alone cannot account for record-high gas prices. Steven E. Landsburg says oil speculators may be doing us a favor.
DUST-UP
Steven E. Landsburg says times have never been better for Americans. Doug Henwood says the U.S. economy is increasingly one of haves and have-nots.

