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Is Bill Gross crazy? 

This post by Pimco founder Bill Gross is so contrary to bi-partisan conventional economic wisdom, you'll probably think I wrote it for him.  I didn't, but I endorse it highly. His tease:

  • The past several decades have witnessed an erosion of our manufacturing base in exchange for a reliance on wealth creation via financial assets.
  •  Fiscal balance alone will not likely produce 20 million jobs over the next decade. Government must take a leading role in job creation. 
  • A growing number of skeptics wonder whether college is worth the time or the cost.

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