'The American economy is a jacked bodybuilder who needs to get off the juice before he has a heart attack,' columnist DCameronSmith writes. 'There’s no easy way to keep the ill-gained muscle mass and return to normal.'
Pulling money out of the economy too quickly will likely lead to a recession. Failing to pull it out quickly enough could lead to the combined increase in inflation and unemployment also known as “stagflation.” Either way, the era of cheap money and consequence-free spending is coming to an end. Just when we thought rational fiscal policy had breathed its last, financial consequences came calling.
Now we’re looking for leaders who will pull our economy out of the ditch and deciding how much economic pain we’ll endure for them to do it.Smith is a recovering political attorney with four boys, two dogs, and an extremely patient wife. He engages media, business, and policy through the Triptych Foundation and Triptych Media. Please direct outrage or agreement to
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