Wednesday, November 23, 2011

QT: Niall Ferguson on Debt, the EU & the US

We are in a hard place. Yes, we need to reduce debt, and yes, we need stimulus. We have to put the petal to the metal and then drive like granny. Not an easy course to successfully follow. No, I don't think that Washington is quite like Athens or Rome, but we do need to be careful. Sticky wicket, I say.

QT: Jack Goldstone Gets It Right on the Supercommittee

Goldstone posts his comment from back in August and I must say, he seems to have nailed it from the beginning. President Obama needs to step up vigorously on these issues.