Politics Determines Who Has The Power, Not

Default Is Not In Our Stars, But In Ourselves.

Our Grandfathers Lived In A World Of Largely Self-sufficient, Inward-looking National Economies - But Our Great-great Grandfathers Lived, As We Do, In A World Of Large-scale International Trade And Investment, A World Destroyed By Nationalism.

In Short, It's A Great Economy If You're A High-level Corporate Executive Or Someone Who Owns A Lot Of Stock. For Most Other Americans, Economic Growth Is A Spectator Sport.

The Great Thing About Fiscal Policy Is That It Has A Direct Impact And Doesn't Require You To Bind The Hands Of Future Policymakers.

Economists Don't Usually Make Good Speculators, Because They Think Too Much.