Barton Biggs paints a bleak outlook for the developed world with only huge government...

|By:, SA News Editor

Barton Biggs paints a bleak outlook for the developed world with only huge government intervention likely to improve things. "What the U.S. really needs is a massive infrastructure program… similar to the WPA back in the 1930s," he tells WSJ; without it, the U.S. is stuck with annual growth at 1.5%-2% for the foreseeable future.