September 5, 2016

100 Words -- What’s Really Wrong With Washington

Does it matter who wins in November? To some degree, yes. A Clinton presidency would be different from a Trump presidency, but what’s wrong in Washington is not the White House. The institutional dysfunction which is sucking the life out of America lies within the House of Representatives and the Federal Reserve. Both are independent institutions. Both are stuck in ideological dead ends. The House divided against itself can’t legislate. The Fed is stuck on a zero interest rate program that is crushing savers and retirees. What’s scary is that neither has hit bottom. God help us when that happens.

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