Want a real “path to prosperity?” Look to 1982. The year of Tootsie and Culture Club has a lot in common with 2009 (without the drag).
Amity Shlaes’s piece at www.bloomberg.com is a must read for those who, like myself, are scared witless by the President’s prescriptions for what ails the economy. Argue all you like, but I still believe government intervention, rather than so-called deregulation, is the main reason for where we now find ourselves. Shlaes rightly notes the two years aren’t exactly alike, but close enough for a reasonable comparison.