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Maya MacGuineas on MSNBC.com | 'Budget Guru Sees ‘Super-Subprime Crisis’'

August 11, 2008

“Leadership is only going to come from somebody using the bully pulpit to create a mandate, so this is the opportunity for leadership,” said Maya MacGuineas, director of fiscal policy at the New America Foundation and an adviser to McCain’s 2000 presidential campaign.

 “Otherwise, a crisis is what it will take. And that’s a real problem, because Wall Street is short-term focused,” she said. “The financial markets will make us deal with it, but it will be too late when they do.” LINK



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