We have an economic recovery. It costs $1.1 trillion per year – and might still fail

Summary:  Many economists and pseudo-experts forecast not just the long-anticipated “v” recovery, but an acceleration of the current good news into a boom.  Before we pop the corks, let’s look at the recovery, what the recovery cost us,  and how we’ve spent this expensively bought time. What happened in 2011? 1.8 million new jobs (from the current employment survey) Increase …

We have an economic recovery. It costs $1.1 trillion per year – and might still fail Read More »