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Steven Hansen
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Steven Hansen is an international business and industrial consultant specializing in turning around troubled business units; consults to governments to optimize process flows; and provides economic indicator analysis based on unadjusted data and process limitations.
My company:
Econintersect LLC
My blog:
Global Economic Intersect
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  • dancing diva
    , contributor
    Comments (2425) | Send Message
     
    Steve, you're absolutely correct that we have a debt time bomb. But aren't you at least encouraged that it's at least being addressed?

     

    I agree austerity isn't the answer, and I imagine if the Rep's get their way on fixing the longer term entitlement issues they won't be as obstructionist on investment spending in the short term. I saw it as a hopeful sign that Obama had dinner a few nights ago with influential Congressional republicans and a meeting with Paul Ryan a day later. Perhaps Obama has finally realized that whipping them in the court of public opinion won't get him anywhere.

     

    Let's hope this is more than just a gesture.
    9 Mar 2013, 10:21 AM Reply Like
  • Steven Hansen
    , contributor
    Comments (2236) | Send Message
     
    Author’s reply » Dancing - if either party had a plan to get the USA house in order, i would be encouraged. but neither do, and a stupid solution being compromised with another stupid solution does not make a good solution.

     

    i do not see any solution using the current economic and fiscal tools we believe are proper - therefore the solution is in tools most are rejecting, or in tools we have yet to envision. on tool - i see no reason for the government to issue debt documents, but on the other hand, i fear the government would destroy the economy.

     

    but in all cases we need to regear the economy. our social programs are not in sync with the way the fiscal part of the economy is structure. there are many ways to do this.
    10 Mar 2013, 09:04 AM Reply Like
  • The EconomicJoker
    , contributor
    Comments (961) | Send Message
     
    Austerity isn't the answer, but they will push it on us and we will riot. Just like Italy, Greece, and Spain.. Prepare yourselves...
    9 Mar 2013, 12:11 PM Reply Like
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