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Question: At the beginning of the 2001 recession, Robert Dunn, writing in the August 19, 2001, issue of the New York Times, noted that, "An absurd debate is going on in Washington over who is to blame for the horrors of a declining federal budget surplus. The truth is that the fall in the surplus should be welcomed, given the current state of the economy, and politicians should be trying to take credit for it." Does Robert Dunn have it right? Why or why not?

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M92291879

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