The public policy blog of the American Enterprise Institute

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Discussion: (2 comments)

  1. MacDaddyWatch

    Yep, glad the private sector did OK. Glad to see the Feds shrink. But this is like trying to make a bucket of urine into whipping cream.

    This many quarters into a recovery should be producing 4-5% GDP growth. They earned an “F.”

  2. I think everything in our toolkit should be focused on propping up the economy. Ideas like “a) entitlement reform, b) pro-growth tax, regulation, and immigration policies” are good, but in the words of John Adams, As John Adams said, “In my many years I have come to a conclusion that one useless man is a shame, two is a law firm and three or more is a Congress.”

    Blinder has an interesting perspective on this in his new book ‘After the Music Stopped': modest stimulus upfront, and serious deficit reduction in the future. I’d highly encourage anyone to read it:


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