October 27, 2011 • Page Image 50
…OPINION OP-ART ON ECONOMICS Wa.,Tated It.c(n) rsw fte nit kfrlis The decline of the "next big thing" is not something government can foster through monetary policy alone. By Mark Phillips c-- 'he president has proposed a new round of stimulus spend- - ing to confront the jobs crisis. The Federal Reserve has said it will increase monetary expansion. Seems like another round of bang- ing our heads against a wall. Stimulus, if done right,...…

















































