Word: lakshman
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Dates: during 2003-2003
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TIME'S JYOTI THOTTAM asked our Board of Economists to sort it out. The panel includes Lakshman Achuthan, managing director of the Economic Cycle Research Institute; Gary Burtless, senior fellow at the Brookings Institution; Veronique de Rugy, fiscal-policy analyst at Cato Institute; Edward McKelvey, senior economist at Goldman Sachs; and David Wyss, chief economist at Standard & Poor...
...LAKSHMAN ACHUTHAN: It's very much a question of timing. Essentially, a weak economy trumps a deficit. Now, if we have an economy growing, it could put some wind at the back of interest rates and pose some hurdles for economic growth...