Editor,
As the manager of the world's reserve currency, the U.S. owes it to the global economy to print, not borrow, however many trillions it takes to put its unemployed workers to work building and repairing infrastructure and developing alternative energy technology.
This will stimulate domestic and global demand, much as WWII did during the Great Depression.
Tea Bag ignoramuses, with their quaint homilies and idiotic theories that conflate families balancing their checkbooks with governments managing modern economies, will destroy capitalism altogether if they are not brought to heel, and soon.
Re: "Market Rally in U.S. and Asia Starts to Falter in Europe" (8/11/2011)
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