Mark Zandi
Mark Zandi
Mark Zandi is chief economist of Moody's Analytics, where he directs economic research. He is co-founder of Economy.com, which was acquired by Moody's Analytics in 2005. Prior to founding Economy.com, Zandi was a regional economist at Chase Econometrics...
NationalityAmerican
ProfessionEconomist
CountryUnited States of America
party government tea
The Tea Party was born out of the disgust many Americans felt early in the financial crisis upon learning that the federal government was even contemplating reducing the principal on some troubled mortgages.
helping republican democrat
My policy is I will help any policymaker who asks, whether they be a Republican or a Democrat.
dark flavor different
There are different flavors of recession. You can get into some pretty dark scenarios pretty quickly.
holiday payroll-tax numbers
The extension and expansion of the payroll tax holidays for workers would be number one on my list and key to avoiding recession.
running home past
Past experience with fiscal austerity at home and overseas strongly suggests that it is best for the economy's long-run performance to restrain government spending rather than raise taxes.
sports play two
I only have two things in my life, my family and work. If there's any time left over, then I play sports.
done republican democrat
I've done work for both Democrats and Republicans.
fall home knives
Buying a home wouldn't make much sense if house prices were likely to decline further; no one wants to catch a falling knife.
thinking differences way
In a normal time, I don't think economic policy makes a large difference one way or another. But in times of crisis it makes all the difference in the world.
home assets stills
A home is still the biggest asset that most Americans own.
thinking would-be taxes
Yes. I don't think it would be appropriate at this point to raise taxes on anyone, certainly not in 2011.
weed banking growing
There is a banking adage that if it's growing like a weed, it's a good chance that it's a weed.
government important way
The most important point is, in a time of crisis, there is no way out but for the government to be bold and aggressive.
strong government play
The FHA's success provides strong evidence that government can and should play a role in the nation's mortgage finance system. It also demonstrates that although government intervention in the economy during the Great Recession was messy, things would have been a lot messier without it.