National excess, like individual over-indulgence, leads to uncomfortable after-effects and even deeply painful ones. Even the dire consequences of the Panic of 2008 did not oblige the country to struggle through the dreariest recovery in modern times. This becalming of the economic waters became an inevitability when Obamacare, Dodd-Frank, an out-of-control federal regulatory onslaught and massive deficits all combined to create the perfect storm for the private sector. Read More