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Newly elected members of Congress listen to panelists discuss the current economic crisis
CAMBRIDGE - Forty newly elected members of Congress gathered Thursday morning to hear some of Massachusetts' finest economists discuss the current crisis and possible remedies.
And one thing became clear very quickly: No one knows a surefire way out of the mess.
The forum took place at the Institute of Politics at Harvard University's Kennedy School of Government as part of its four-day conference this week for recently elected members of Congress. It featured panelists with economic expertise from the Kennedy School, Harvard's economics department and Harvard's law school.
Jeffrey Frankel, an economics professor at the Kennedy School and former member of President Bill Clinton's council of economic advisors, summed up the tone of the meeting in his opening remarks.
"No one thoroughly understands the economic crisis," Frankel said.
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