The Mercury News interview: Brad DeLong, Cal economics professor: By Elise Ackerman Congress' consideration last week of a $700 billion bailout of the financial industry left many wondering just how bad the economy could get. President Bush and Treasury Secretary Henry Paulson both predicted dire consequences if the bailout weren't passed. Mercury News reporter Elise Ackerman asked Brad DeLong — an economist at the University of California, Berkeley, and a former deputy assistant secretary in

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