THE ECONOMY NEEDS MORE BIG GOVERNMENT-NOW

摘要

September 11 suddenly shook America out of its complacency about terrorism-and also reversed two decades of bipartisan contempt for government. Now, with a gathering econom-ic storm, government again has an enlarged eco-nomic role as well as a military one.rnThe economy was in trouble well before the attacks because of a rare collision of forces. The stock market bubble had burst, not just because of the tech collapse but because of weak earnings across the board. A huge amount of excess pro-duction capacity weighed down the economy, and investment imploded.