tag:blogger.com,1999:blog-2761684730989137546.post3091259654942956399..comments2024-03-28T07:50:06.102-04:00Comments on Mike Norman Economics: Kelly Evans — US Fiscal Drag is World's Problem—Cliff or No Cliffmike normanhttp://www.blogger.com/profile/03296006882513340747noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-2761684730989137546.post-33822595767035482432012-09-19T00:45:17.341-04:002012-09-19T00:45:17.341-04:00"Obviously, the Fed is counting on financial ..."Obviously, the Fed is counting on financial markets to leverage its spending into much larger increases in asset prices and, more broadly, to spur confidence, hiring and investment."<br /><br />Obviously, the Fed is smoking something, and hoping the Confidence Fairy lights up too.Roger Ericksonhttps://www.blogger.com/profile/17515506247888521516noreply@blogger.com