In the News: Investor Business Daily

In an Investor Business Daily Op-Ed, Merk Senior Economic Adviser William Poole says the lack of a sustainable fiscal plan, rather than monetary policy is holding back the economy

"…We thought that by now economic growth would be picking up, but the expected sustained recovery has not occurred. In the U.S., employment is growing but far too slowly.

Why? [...] The absence of a long-run fiscal plan is weighing heavily on planning by the business sector…"