Even with federal intervention, I have estimated the cumulative gap between what our economy could have produced -- had we invested in actual businesses, rather than, say, mortgages for people who couldn't afford their homes -- and what we will produce over the period of our slowdown to be more than $1.5 trillion. |
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At www.caglepost.com
OpedNews volunteer from 2005 to 2013.
Amanda Lang was a wonderful member of the Opednews team, and the first volunteer editor, for a good number of years being a senior editor. She passed away summer 2014.