"What's important, when a politician is talking about this issue, is what can politics do about this? Otherwise, it's simply like a religious test," Charles Krauthammer explained on Fox News, "Let's assume Miami is drowning. It is not drowning because of what the people of Miami are doing. It's drowning because what the people in China and India and Indonesia and rest of the world are doing."
Construction Spending "Once Again Defies Expectations" Much Weaker Than Expected; Four Reasons Economists Perplexed | Mike Shedlock