Federal Reserve Bank Presidents: Washington is Killing Business

Mike Brownfield /

Want to know why the economy is still dragging along with stagnant growth and 9.1 percent unemployment? Travel back in time over the past 18 months and listen to what some Federal Reserve Bank presidents predicted would result from the Obama Administration’s public policy path.

In short, they come to one salient point: Washington has created a great deal of uncertainty and hostility among private enterprise. (more…)