- Mark Milke, Research Director, Frontier Centre for Public Policy
Over the past year, much of the political class around the world acted as if talk would help beaten-down economies speed through the recession. So the world's most high-profile orator, the American president, has been nothing if not loquacious in attempts to verbally prompt the economy back to health. Did it work? Except for the recent uptick in stock markets thanks to a few banks with less-than-horrible quarterly results, the markets have turned thumbs-down on the U. S. federal budget.