The Economist (June 11)
“Britain is stuck in a 15-year rut. It likes to think of itself as a dynamic, free-market place, but its economy lags behind much of the rich world. There is plenty of speechifying about growth, and no shortage of ideas about how to turn the country round. But the mettle and strategic thinking that reform requires are absent.”
Tags: Dynamic, Economy, Free market, Growth, Ideas, Lags, Mettle, Reform, Rich world, Rut, Speechifying, Strategic thinking, UK
Washington Post (August 11)
“If the economy is in a rut, the party in power usually tries to maximize the power of incumbency to improve conditions before an election,” but these are strange times. “This White House and the current Senate Republican majority… are doing everything in their power to minimize or even prevent a stimulus deal.” Perhaps “Trump still does not understand he has wrecked the economy.” Come November, it looks like “he and a whole lot of Republicans are going to join the list of the unemployed.”
Tags: Economy, Election, Incumbency, Majority, Power, Prevent, Republican, Rut, Senate, Stimulus deal, White House, Wrecked
