
The Web's No. 1 investing columnist
Jim Jubak
Growth won't dig US out of this hole
Wild optimism about economic growth is at the heart of the Obama administration's plans to shrink the federal budget deficit. And that's not the only problem.
Worried that the global financial crisis combined with the Great Recession in the United States has bankrupted not just ourselves but our kids and their kids?
Good. You should be. Maybe then we'll do something about the problem before it's too late.
First, here's the good news for those of us who live in the United States. (If you live in some other den of fiscal iniquity, just remember that the names of the characters may be different, but the story is pretty much the same.)