More than 300 Economists Repudiate Right-Wing "So Be It" Economics

By Isaiah J. Poole
March 1, 2011 - 2:24pm ET

The stream of economic experts who are denouncing the budget slashing that the House of Representatives did last month has just turned into a flood.

Today the Economic Policy Institute and the Center for American Progress jointly released a statement signed by nearly 320 economists from around the country, including Nobel Prize winners Kenneth Arrow and Eric Maskin, former Vice Chairman of the Board of Governors of the Federal Reserve System Alan Blinder, and former Chair of the President's Council of Economic Advisers and Director of the National Economic Council Laura Tyson.