The US government alone cannot get its economy out of the crisis. It appears to me that the current policy makers are suffering from the gambler's syndrome. They keep spending more money hoping that they will eventually win. More debt spending is a receipt for bankruptcy. Real economic growth comes from government and private sector investments, not from massive debt spending followed by tax increases or currency devaluation.

Med Jones

Med Jones is the president of International Institute of Management - A US based think tank specializing in applied strategy in the fields of economics, financial markets, and business operations. Jones is one of the few experts who predicted the global financial crises of 2008. In 2006 he warned about three crises to hit the US in the decade from 2007-2017; the burst of the housing bubble, US national debt, and the social security deficit. His statements and predictions are followed by economic researchers and investment analysts around the world. He is also noted for his contribution of the second generation of Gross National Happiness (GNH) framework, also known as GNH Economics.

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