Thank you Lorenzo Canizares: "we may FINALLY be seeing some signs of sanity in the Washington, DC establishment. One pillar of the Democratic Party, the Center for American Progress, issued a report calling for a reset of the fiscal debate and they announced they were walking away from Grand Bargain negotiations. On the right, the director of economic policy at the American Enterprise Institute called on the government to directly hire people and take steps to get private businesses to create jobs. Kevin Hassett, a top economic adviser to Mitt Romney, is saying that direct hiring with Obama stimulus funds could have created 23 million jobs and saved the government a boatload of money. And, the Washington, DC based International Monetary Fund now recognizes it made serious mistakes in handling the Greek economic collapse, by underestimating the impact austerity would have on the Greek economy. Greek media recently quoted IMF managing director Christine Lagarde describing 2011 as a “lost year” partly because of miscalculations by the EU and IMF. These mistakes by the Obama administration, Congress and the Troika in Europe were obvious to many as we have been reporting."
Posted on: Thu, 13 Jun 2013 02:22:28 +0000
Trending Topics
Recently Viewed Topics
© 2015