Why the Economy Is Where It Is

Jared Bernstein of the Center on Budget and Policy Priorities takes a look at the economic situation for The Huffington Post and asks:

"Why are advanced economies so seemingly immune to correct diagnosis and prescription? Why are we applying leeches instead of the contemporary medicine of combined monetary and fiscal stimulus in order to once and for all hit the escape velocity that's eluded us thus far?"

Take a look at his answers here