Volcker: American ‘Lack of Urgency’ Will Cripple Us
Posted by Larry Doyle on May 19th, 2010 11:30 AM |

Paul Volcker
We’re different, right? The economic problems in Greece and other nations within the EU are their problems and not ours. Really? In my opinion, Americans are far too complacent regarding our economic problems. We shouldn’t be.
Will the economic, political, and civil waves of unrest rolling across Europe come ashore here in America? It is only a matter of time unless those in Washington charged with addressing the underlying issues take swift action. I have seen zero inclination and political will to do just that. Our Washington elite are so used to feeding at the trough that they would not know how to pull themselves away. How is America responding to these fat pigs?
Tags: Americans lack of urgency, Barack Obama, budget deficits, civil unrest in EU, deficits, ECB President Jean-Claude Trichet, Economic Recovery Advisory Board, economic unrest in EU, entitlement programs, lack of urgency, Paul Volcker, political unrest in EU, Stanford Institute for Economic Policy Research, Tom Keene of Bloomberg, urgency in America, Volcker Says Time is Running OUt for US to Tackle Fiscal Woes
Posted in General, Paul Volcker | 5 Comments »
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