Why is there still no banking plan?

Alan S. Blinder is a professor of economics and public affairs at Princeton and former vice chairman of the Federal Reserve. He wrote this today in the NYT:

there are arguments in favor of nationalization. Or are there?

The fact that this debate is going on four months after the election and the administration’s introduction of his economic team shows how screwed up things are. Even the Left is puzzled at the administration’s dithering on the single most crucial issue in the country right now. There is zero excuse for not having a plan in place today. Zero.

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