What's the economy's big problem? In a word: Washington
Saturday, April 27, 2013 - 02:30
in Mathematics & Economics
Washington’s efforts to balance the budget are holding back the wobbly economic recovery.After “fiscal cliff” fears brought the economy to a near standstill late last year, many forecasters had expected growth to come roaring back in the first quarter as consumers made up delayed spending and businesses filled deferred job openings and restocked depleted inventories.But the Commerce Department's l...