MIT Golub Center for Finance and Policy
Public Policy
Government Credit in the Spotlight
By
It is the rare journalist who tackles the topic of government credit programs and their ills. Rarer still is a popular account that accurately brings these complicated issues to life. Kudos to Michael Grunwald, who writing for Politico, did just that. I highly recommend his article. (Note that to get the whole story you need to click through 5 pages.)