Burning the Midnight Oil for Living Energy Independence
There was shocking news early this June about May economic performance: GDP growth in May was about the same as the average for the first quarter of 2011, and so employment growth was virtually stagnant, and indeed fell behind growth of the labor force.
What was shocking, of course, was that this was news to anybody. For anyone with the basics on how the economy works, it was obvious that economic growth would be sluggish.
Of course, the Republicans in Congress and the White House, both for their own reasons, completely missed the boat ~ the White House arguing if we ease off the accelerate and tap the brakes, but do it intelligently, that will eventually speed up the economy, and the Republicans insisting that, no, we have to slam on the brakes to fix things.
With such a broken political discussion, what can be done?