How Did We Get Here?
Referring to the economic situation in the Untied States, many clients have asked us, “How did we get here?” In part this question is a reflection of the surprise at the sudden realization of the problem and in part it is a quest for understanding of a very complicated issue. While there are no easy answers, there are a few key economic principles to note that have largely contributed to the problem that we now face.
In the United States we don’t enjoy a...