If I understand the "five economic lessons from the rock star of the recovery" correctly, the Americans are not even close to creating effective, sustainable economic policy.
- Our economic house has not been in order for at least a decade.
- Automatic payments to individuals (ie, entitlements)? Fuhgeddaboutit!
- Aggressive monetary policy? Timid and untimely, at best.
- Flexible currency? Nope, we're the global standard.
- Ensure that bankers feel the cost of their blunders? ROTFLMAO.