Daily Archives: August 15, 2011

From FT.com August 14, 2011

A prevailing misconception about US economic policy is that no good options remain. Fiscal policy is all used up. With interest rates at zero and its balance sheet engorged, the Federal Reserve is powerless too. Revised figures for recent growth show a failing recovery – and there is nothing anybody can do.

Posted in US Economy |

Clive Crook’s blog

This blog is no longer updated but it remains open as an archive.

I have been the FT's Washington columnist since April 2007. I moved from Britain to the US in 2005 to write for the Atlantic Monthly and the National Journal after 20 years working at the Economist, most recently as deputy editor. I write mainly about the intersection of politics and economics.

Clive Crook’s blog: A guide

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