This week we continue our conversation with Mickey D. Levy, chief economist of the Americas and Asia, Berenberg Capital Markets. Mickey is a long-standing member of the Shadow Open Market Committee and conducts research on a wide range of global economic, financial and policy issues. Second of two parts – View part one
The Lead Left: Separate from the Fed, what should our domestic policy priorities be?
Mickey Levy: I’d love to see our elected official set aside partisan politics and achieve reforms in tax policy (both corporate and individual), energy policy and education policy. Also, with the Federal budget process effectively dysfunctional, policymakers have enacted a web of regulatory policies that has become so burdensome that it unnecessarily raises operating costs and dampens productive activity. Addressing these policy initiatives, rather than relying on more and more monetary stimulus,