-- U.S. outlook is best among all the major economies today.
-- Entire globe economies are struggling from after effects of 25 years of superboom which resulted in excessive leverage.
-- That excessive leverage needs time to be unwound.
-- The only way to work out of this is growth, and having additional fiscal stimulus combined with QE will drive that growth.
-- Cutting back at this time will not help.
-- Would like the government to use stimulus money on something that will eventually play for itself, like investments in infrastructure and education.
Credit and source: www.cnnfn.com, CNNFN
Here is the video: