Tuesday, October 07, 2008

Newmark's Door

Newmark's Door: "October 07, 2008
'SARS Response Offers Lessons for Credit Panic'

Granted, I think a physical illness is a little different than the financial mess we're currently in. But I think the main point of Kevin Hassett's piece holds up.

The Singapore response sets a goal for policy makers. They need to tell us who has the disease, how they will quarantine those who have it, what the treatment will be if it's discovered, why that treatment will work, and the steps we can all take to avoid infection. They need to do this with facts and transparency, not with spin and assertion.

Posted at 05:45 AM in Current Affairs, Economics | Permalink | Comments (2) | TrackBack (0)"