The article this week looks to be written as a suttle venting post and an opinion about how America got in the economic mess that we are in today. He bases his argument off of a speech that Ben Bernanke gave four years ago. The autor agrees with Bernanke when he says that the slump came from the trade deficit of the U.S. Bernanke said four years ago that the problem lied in Asia and not the U.S. because of all the importing of capital goods. Now the U.S. has over taken the same problem as Asia did but in a much larger scale. The author says that the Asia problems were big for the times but seem minisquell compared to Americas' problem.
The author writes to an audiance that likes to hear lots of opinions and possibly takes what they like and uses it to have conversation or takes the author's opinion as their own. The author sums up the piece by a couple points. Businesses can not invest in the amount of savings that is wanted. The saving of money is the best thing to do but to keep the market flowing and to keep buisnesses on their feet they have to invest. The question now becomes how are they going to be able to invest what others want them to. This paradox "is a global slump that leaves everyone worse off. So that’s how we got into this mess. And we’re still looking for the way out."
