A decade of slow growth?

By Fareed Zakaria

From: Cnn.com:
Every year at Davos, people like me try to get a sense of the mood of the place, take the temperature of people in this frosty mountain resort.

Obviously, I will give you a highly impressionistic and personal picture, but it’s one I find useful since Davos does bring together leaders in government, business, media – even the NGO community – from all corners of the world. It is genuinely global in a way that few conferences are…

FULL STORY

Advertisements

The U.S. Recovery Has Been Spectacular*

We need a real recovery. That’s what Mitt Romney said during the campaign, and he was right. Five years since the start of the Great Recession, unemployment is still far too high. It’s not for a lack of optimism among policymakers. As Evan Soltas pointed out, the Federal Reserve keeps predicting that prosperity is just around the corner, only to find it’s not. Catchup growth is the new Godot.

FULL STORY

*Compared to almost every other rich country and almost every other financial crisis.

Create a free website or blog at WordPress.com.

Up ↑