America's Problems Run Deeper than Wall Street
Less than two months remaining before America’s presidential election, the US finds itself in the middle of a financial crisis, with the economy sliding into recession, monetary policy already at maximum easing, and fiscal transfers impotent. That is an unenviable situation, to say the least, for any incoming president.
CAMBRIDGE – With less than two months remaining before America’s presidential election, much attention is focused on the state of the American economy and the challenges that it will present to the next president.