The extension and expansion of the payroll tax holidays for workers would be number one on my list and key to avoiding recession.

In the fourth grade, my history teacher gave us a project: Why was the auto industry located in Detroit, Michigan? I didn't know I was going to be an economist, but I knew I was going to do something that was involved in answering questions like that one because I thought that was a fascinating question.

There are different flavors of recession. You can get into some pretty dark scenarios pretty quickly.

Mark Zandi Quotes