Politics and Economic Policy

I thought this article from The Economist was insightful and captures some of the frustration Americans feel right now.  Economic policy has been politicized.

If there’s something scary about the potential crises in Europe, America, and elsewhere, it’s this aspect: the status of economic policy as gamepiece in a broader, political conflict. That increases the odds that something big and bad may actually occur.

There is actually quite a bit of economic research showing how economies react in different situations, but it’s all been thrown overboard due to the politics.  I think all Americans would just be happy to get the economy going again.

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