© 2024 Connecticut Public

FCC Public Inspection Files:
WEDH · WEDN · WEDW · WEDY
WECS · WEDW-FM · WNPR · WPKT · WRLI-FM · WVOF
Public Files Contact · ATSC 3.0 FAQ
Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations

Economist Lauds Fed's Effort, Criticizes Bailout Plan

As the economic situation grows increasingly complex, experts weigh in on what's working, what's not and what's next. Economist Douglas Holtz-Eakin, who once advised President Bush and now talks with senators in both parties, tells Steve Inskeep that the Federal Reserve is doing a great job, but the government's bailout plan is all wrong. He says financial firms that are "truly insolvent" should be wound down, not preserved.

Copyright 2023 NPR. To see more, visit https://www.npr.org.

Stand up for civility

This news story is funded in large part by Connecticut Public’s Members — listeners, viewers, and readers like you who value fact-based journalism and trustworthy information.

We hope their support inspires you to donate so that we can continue telling stories that inform, educate, and inspire you and your neighbors. As a community-supported public media service, Connecticut Public has relied on donor support for more than 50 years.

Your donation today will allow us to continue this work on your behalf. Give today at any amount and join the 50,000 members who are building a better—and more civil—Connecticut to live, work, and play.