Today's Policies Are Strangling Economic Recovery
January 26, 2013 - 9:52pm
David Malpass, ForbesAmerica greeted 2013 numbed to the absurdity of 0% interest rates, endless Federal Reserve bond purchases and $1 trillion deficits. President Obama imposed a January fiscal deal that added $4 trillion to the projected national debt, on the surreal claim that the U.S. government doesn’t have a spending problem. His Cabinet and policy choices show satisfaction with the status quo and a state of denial over the dangers ahead. In December he made the claim of national well-being: “Our economy is really starting to recover, and we’re starting to see optimistic...
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