The wrong policies will only make this crisis worse
And that is not just my view.
Thank you to the person who posted the following quote on the Daily Telegraph site yesterday. Apparently it comes from an open letter (which appeared in the New York Times) that was addressed to President Obama and signed by over 200 leading economists (including Nobel prize winners).
"To improve the economy, policymakers should focus on reforms that remove impediments to work, saving, investment and production. Lower tax rates and a reduction in the burden of government are the best ways of using fiscal policy to boost growth."