These two authors of the recent article on the economy in Foreign Affairs magazine suffer from a complete disconnect from the real world.

 

The Federal Reserve’s annual Wyoming symposium has sent ominous signals that the world’s top central bankers will be unleashing global QE — and more raids on savers, taxpayers.

More than a third of Americans were living in households that received benefits from one or more federally funded 'means-tested" programscommonly known as welfarein the fourth quarter of 2012.

The Federal Reserve Bank will keep suppressing interest rates to near-zero rates for more than a year, according to Federal Open Market Committee meeting minutes released August 20, despite talk about an “eventual normalization of the stance and conduct of monetary policy.”

Employees on strike from Market Basket over the firing of CEO Arthur T. Demoulas were given until Friday to return to work or be replaced.

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