J. Bradford DeLong, Professor of Economics at the University of California, Berkeley, is a research associate at the National Bureau of Economic Research and the author of Slouching Towards Utopia: An Economic History of the Twentieth Century (Basic Books, 2022). He was Deputy Assistant US Treasury Secretary during the Clinton Administration, where he was heavily involved in budget and trade negotiations. His role in designing the bailout of Mexico during the 1994 peso crisis placed him at the forefront of Latin America’s transformation into a region of open economies, and cemented his stature as a leading voice in economic-policy debates.
伯克利－
自去年雷曼兄弟银行倒闭之日起，美国财政部、美联储以及布什、奥巴马两届政府所奉行的政策一直是稳健有益的。如果政府部门袖手旁观，任由市场左右局面，那么美国和世界当下的失业水平会更高。放松信贷和支持银行体系的政策避免了局势严重恶化，对经济大有助益。
虽然投资银行家们去年12月没有倾家荡产，今年又赚得盆盈钵满，但这只是枝节问题。失业率每增加一个百分点，并持续两年以上，就会造成4000亿美元的损失。如果经济衰退的深度达到本次衰退实际深度的两倍，美国就会遭受约2万亿美元的损失，而全世界的损失总额更会四倍于此。
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