Bill Gross? The rent collector from the welfare state? This man makes a not inconsiderable living from buying and arbitraging government bonds and currencies. His proposed solutions are for the government to borrow more money (ie sell more bonds). Kind of like when farmers and agri processors in Iowa agitate for more ethanol usage. I’m not saying the man isn’t smart and successful and he certainly has a right to run his financial empire. It’s just that if he really believes in free markets and private enterprise he should be advocating for policies proved to re-energize those segments of the economy.

THEY want us to get accustomed to their “new normal” because the American ideal of a growing pie is inimical to a world dominated by government. Ultimately, THEY have lost faith in the nation and its citizens because THEIR policies have failed on a dramatic scale. Even the prospect of an electoral hanging has not concentrated their minds. Pathetic.