The New York Times, October 28, 2010 by Sewell Chan
http://www.nytimes.com/2010/10/29/business/economy/29fed.html?_r=2&scp=2&sq=Berkeley&st=nyt
“Further short-run fiscal expansion paired with credible measures to deal with longer-term deficits would be a good idea,” said Alan J. Auerbach, a professor of economics and law at the University of California, Berkeley. “The political difficulty of accomplishing this puts pressure not only on the Fed but also on our trade policy, where we are forced to lean more heavily on China.”