Spending Big to Stop Big Spending

摘要

Wall Street financier Pete Peterson got a decent return on his investment late June when Senate Republicans ended the Democrats' third attempt to push though an extension of unemployment benefits and President Barack Obama failed to persuade his European counterparts at the Group of 20 confab in Toronto to maintain economic stimulus programs. "I haven't seen anything like this kind of concern in the 30 years I've been talking and writing about this," says the 84-year-old fiscal hawk.