Avoiding a lost decade

posted by
January 11, 2012
Competitive Enterprise Institute
by Iain Murray and David Bier  
Posted in Commentary

"Remember Japan’s 'lost decade' of the 1990s? For the United States, 2011 was the 'lost year.' Congress and President Obama are engaged in a standoff that will see 2012 go the same way unless they both get out of the way and let the private economy grow. Consider what they have spent the past year doing. Mr. Obama proposed a budget so laughable that his own party unanimously rejected it. He has pushed one idea after another to boost government spending." (01/11/12)


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