Description: U.S. President Barack Obama and his administration weakened the countryâ€™s economy by seeking to foster growth instead of paying down the federal debt, said Nassim Nicholas Taleb, author of â€œThe Black Swan.â€
Questions for discussion:
- What is the basis of Talebâ€™s criticism of government handling of the economy?
- Do you agree with his arguments?
- What do you think would happen to real estate prices and builders if government phased out mortgage interest deductibility on income taxes?
- What would you suggestÂ is a solution to the current economic situation?