Federal fiscal and monetary policy has been blamed for many of our economic ills over the years.

Federal fiscal and monetary policy has been blamed for many of our economic ills over the years. Do you think either or both of these policy areas were related to the economic downturn that started around the end of 2007, leading into the Great Recession (12/07-6/09)?

• What were the policy implications?
• What policy path could have been taken to achieve a better outcome?