The debate still rages (and “rages” is no hyperbole in this case) over how the United States should treat the malaise in which it finds itself following the global financial crisis of three years ago.Unlike discussion on this issue in Australia, the US debate is deadly serious and driven by more than politics.Protagonists are advancing four different points of view.Not necessarily in order of merit they are as follows:1) Nobel prize-winning economist Paul Krugman champions financial stimulus (th…
