Friday, July 22, 2011

Mass Layoffs In Recovery Summer, The Sequel; Interview With H. Davidowitz

CEO and restructuring expert Harold Davidowitz takes apart the Obama economy in this interview with The Ticker's Jeff Macke and Aaron Task.

Money quote: "There has never been in a situation in my lifetime where a guy increases the debt by 40%, GDP growth is on the way down, Food Stamps are up, millions more are unemployed -- and to accomplish this we spent $4 trillion."

( h/t and a cold one to longtime Joshua's Army member Louie Louie)

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