Shortsighted Policies Drown the U.S.
The current U.S. leadership is so shortsighted they don’t even consider the long-term consequences of their irresponsible policies. In an interview with Bloomberg Television’s Wall Street Week last year, former Treasury Secretary Lawrence Summers warned the U.S. “was suffering from the least responsible macroeconomic policy in four decades.”
Yet the U.S. administration continued its massive cash printing and subsidies. The CHIPS and Science Act signed into law.
