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Glenn Hubbard: Economic Losses Must Be Shared

Monday, May 21, 2012

Glenn Hubbard: Economic Losses Must Be Shared

Written by iNewsTube Team

Sunday, March 23, 2008

Sunday Morning Mashup of FOX NEWS SUNDAY:
GLENN HUBBARD
March 23, 2008

Republican economist Glenn Hubbard gives some possible solutions the government can take to ease the economic situation.

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"Well, I think we run the risk of creating a very very large scale and permanent program. A far better approach, it seems to me, is to figure out how we share losses among the three people who must bear them which are the borrowers, the lenders, and the taxpayers. That's the discussion the treasury and fed should be leading right now before we talk about further intervention."

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NAME:
Glenn Hubbard
PARTY AFFILIATION:
Republican
BORN:
No Data
POSITION AS OF March 23, 2008:
Economist and Dean of the Columbia University Graduate School of Business
POSITIONS HELD:
Chairman of the Council of Economic Advisers
Deputy Assistant Secretary of the U.S. Treasury Department
Director of the Program on Tax Policy at the American Enterprise Institute
ADDITIONAL INFO:
Has a Ph.D. in economics from Harvard University
Also taught at Northwestern University
SOURCES:
The White House Official Website

BOOKS BY GUEST:
Economics (2nd Edition)

Money, the Financial System, and the Economy (6th Edition) (Adison-Wesley Series in Economics)

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Last Updated ( Tuesday, March 25, 2008 )

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NASA Image Of The Day


Composite of a Series of Images Taken From Space Aboard the Station
This is a composite of a series of images photographed from a mounted camera on the Earth-orbiting International Space Station, from approximately 240 miles above Earth. Space station hardware in the foreground includes the Mini-Research Module (MRM1, center) and a Russian Progress vehicle docked to the Pirs Docking Compartment (right). Expedition 31 Flight Engineer Don Pettit said of the photographic techniques used to achieve the images: "My star trail images are made by taking a time exposure of about 10 to 15 minutes. However, with modern digital cameras, 30 seconds is about the longest exposure possible, due to electronic detector noise effectively snowing out the image. To achieve the longer exposures I do what many amateur astronomers do. I take multiple 30-second exposures, then 'stack' them using imaging software, thus producing the longer exposure." A total of 47 images photographed by the astronaut-monitored stationary camera were combined to create this composite. Image Credit: NASA...

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