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By David A. Clarke Jr.
Blame Washington's intelligence failure, not lack of police
Topic - Richard E. Sylla
Mark Zandi, Moody's Analytics chief economist, has become an oracle of sorts on Capitol Hill, where members of both parties have recited his financial forecasts in an attempt to seize the high ground in battles over stimulus packages, deficit reduction plans and the tax cuts enacted during the George W. Bush administration.
"It seems to me that they can look to Zandi as someone who is not identified with being in one political camp or the other, but offering kind of dispassionate economic analysis," said Richard E. Sylla, a professor of economics at New York University. "The fact that both sides pick up on things he says I think shows that he is a middle-of-the-road guy who is not perceived as being in one ideological camp or the other."
Mr. Sylla added, "The danger, of course, is they will use whatever he says if it supports their ideological point of view."