If you read the first two thirds of her article, you’d logically conclude that unless we can find a replacement for the rapidly fading federal stimulus, there isn’t anything on the horizon to raise GDP growth and boost employment.

Amazing! US politicians not learning from all the previous economic problems across the world. Hoocoudanode? Of course, one glaringly large difference between Western Europe and the US is that Western Europe has a far more robust social safety net protecting its citizens.