In the run-up to this weekend's G-8 summit at Camp David, journalists have unfavorably compared European "austerity" with Barack Obama's economic policies.

At best the IMF-EU bailout package will stave off a disorderly Greek default for three to six months....

The rescue offers Greece the opportunity for an extended struggle to settle for slow economic growth for an extended period. This debt crisis is not over...

The following is a letter to the editor in response to an April 8 op-ed in The Financial Times on the possibility of countries opting to leave the eurozone.

Attempts at austerity and deleveraging in Europe have converted an economic problem into a political dilemma, with leftist governments rising against Germany's austerity-laced rescue packages. Germany now faces a tough economic decision that will involve choosing between a breakup of the current euro system and a movement toward a common fiscal policy in Europe.

The American economy is experiencing a crisis in long-term unemployment that has enormous human and economic costs.

With each passing day, Greece's economic and political malaise deepens despite one massive International Monetary Fund-European Union bailout package after another to keep that country afloat.

Just when the mainstream media thought that Barack Obama was pulling ahead in the polls, with positive job ratings, and just after the media have been savaging Republicans for two words Rush Limbaugh uttered on his radio program, Obama's numbers seem to be tanking.