As is my wont of late I was listening to a pod-cast at the gym this morning and to my astonishment I heard an economist opine some of the same things I’ve been saying about the budget and debt crises. This was an economist who like myself avows that he seeks no political agenda but merely the truth. Almost seems too good to be true, does it not? Included in the discussion are the Bush tax cuts, Social Security, and Medicare – all the things we’ve been blogging about for the last two years.
I couldn’t find a full transcript of the podcast, but perhaps that’s for the best. The Planet Money interviewers engage the economist in a lively and candid interview that is quite marvelous in its simplicity and lucidity. The economist in question is one Simon Johnson, co-author of a new book, “White House Burning” and previous author of economic best-sellers.
I think I can assure you, dear reader, that Dr. Johnson has no political axe to grind because if you listen to the lively interview (which starts about 15% into the podcast) you will see that his prescription for our economic troubles contains plenty of tough love for both sides of the aisle. Anyone whose mind is still even slightly ajar on the economic issues of this election year should find much to ponder here.
The 21-minute podcast can be found here and the interview format makes it entertaining and almost painless. Enjoy.