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What's the Biggest Threat to American Prosperity?

articles/2013/02/20/what-s-the-biggest-threat-to-american-prosperity/what-s-the-biggest-threat-to-american-prosperity-image_dhd5ss
By David Frum

Italy's problems are daunting, reports the Financial Times.

Meanwhile, on this side of the Atlantic we hear good news about the U.S. economy every day: housing recovering, household deleveraging, etc. etc. The biggest threat to US prosperity, however, is distinctly Italian-style: the political dysfunction that brings us unnecessary fiscal crisis after unnecessary fiscal crisis. If, as Byron York, everybody agrees that the sequester is stupid and destructive … why are we doing it? Because it sure does seem that do it, we will.

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David Frum
David Frum

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