This is well-said by Daniel Davies, the Internet's number one source for finance-related sarcasm.
It's good that in the post-Hollande world, the great and the good are gathering to talk about the need for growth and not just actuarial numbers, but growth is an outcome rather than a policy. The United States has a lot of fiscal flexibility, so regardless of which policies you think would lead to growth there's a wide range of things we could be trying. Europe is much more constrained. European countries could be given fiscal flexibility to maintain spending and avoid tax hikes, but it would have to be given to them by specific acts of the German government and others. So if the agenda is something other than austerity, someone has to actualy change something.
TODAY IN SLATE
The Democrats’ War at Home
How can the president’s party defend itself from the president’s foreign policy blunders?
Congress’ Public Shaming of the Secret Service Was Political Grandstanding at Its Best
Michigan’s Tradition of Football “Toughness” Needs to Go—Starting With Coach Hoke
A Plentiful, Renewable Resource That America Keeps Overlooking
Windows 8 Was So Bad That Microsoft Will Skip Straight to Windows 10
Cringing. Ducking. Mumbling.
How GOP candidates react whenever someone brings up reproductive rights or gay marriage.
You Deserve a Pre-cation
The smartest job perk you’ve never heard of.