Remove regulations and laws that are holding up conventional energy supplies and watch the economy go viral in a good way. Oil, NG, Coal, Nukes....
The government is suing the banks at the same time they are handing out free money to them.Most of the money the banks are receiving (interest free) from the fed is used to buy treasuries so congress can spend it on their pet projects. We are so screwed!
ping
I thought Roubini said that we only had a 60% chance of going into another recession.
He sure doesn’t sound optimistic today.
I wonder if he doesn't make a dramatic move and unleash the development of various energy sources. It will help the economy, won't cost the gubmint anything, and will take a major issue off his back for 2012. Indeed when the economy responds, he will take credit for it. He won't hesitate to ditch the greenies if he thinks it will pay off. I think it will, so he will.