US: John Cochrane, The Grumpy Economist, Meets The Gold Standard

US: John Cochrane, The Grumpy Economist, Meets The Gold Standard – by Ralph Benko

8+% unemployment, now.  The GDP, last we checked, crawls along at a 1.5% growth rate, slower than population growth.  Washington is paralyzed.
Neither political party is presenting a compelling solution.   In the words of Frank Cannon, president of American Principles Project (which this writer professionally advises) and former Kemp presidential campaign aide, the GOP has reverted to its pre-Kemp status as a party of severe rectitude rather than a party of equitable prosperity.  How little political sense does it make to turn to the voters to say, “Times are tough.   Our solution is to… cut your benefits”?