Worse than no recovery; possible unpleasant economic reset.

[AztecWilliam]

There may be nothing much the govt. can do to turn things around. The "new normal" may be here, and it won't be pleasant.

www.dallasnews.com/opinion/sunday-commentary/20150605-tyler-cowen-what-if-the-economy-doesn-t-get-any-better.ece

AzWm

[tuff]

Jun 7, 2015 8:56:08 GMT -8 AztecWilliam said:

There may be nothing much the govt. can do to turn things around. The "new normal" may be here, and it won't be pleasant.

www.dallasnews.com/opinion/sunday-commentary/20150605-tyler-cowen-what-if-the-economy-doesn-t-get-any-better.ece

AzWm

Sooner or later we have to pay serious attention to the debt issue. Printing money only goes so far.

[Luchador El Guerrero Azteca]

Aug 22, 2015 13:16:10 GMT -8 tuff said:

Jun 7, 2015 8:56:08 GMT -8 AztecWilliam said:

There may be nothing much the govt. can do to turn things around. The "new normal" may be here, and it won't be pleasant.

www.dallasnews.com/opinion/sunday-commentary/20150605-tyler-cowen-what-if-the-economy-doesn-t-get-any-better.ece

AzWm

Sooner or later we have to pay serious attention to the debt issue. Printing money only goes so far.

It'll be close to $20 trillion by the end of this administration. Think about that...

Imagine how bad it would be if Congress was cooperative.

[aztecwin]

I can see evidence for this "new normal" and also anecdotal evidence that those who are ambitious and smart will be just fine.