Dr Doom in the White House

It's not a debt and deficit crisis, it's a jobs crisis. The debt and the deficit are part of it, part of the general fear that we're on a long slide and can't turn it around. The federal tax code is part of it—it's a drag on everything, a killer of the spirit of guts and endeavor. Federal regulations are part of it. The administration's inability to see the stunning and historic gift of the energy revolution is part of it.

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