"The new leadership looks in all likelihood to be a carefully balanced coalition, and a carefully balanced coalition is not a structure that is conducive to very decisive policy making," he added.
These economic challenges could be addressed by with decisive policy reforms, but a political crisis, fueled by mushrooming corruption scandals, has led to complete government gridlock.
And whomever he names to Secretary of State, Obama will remain the maker, rather than the carrier, of a decisive foreign policy.
It would have been irresponsible for us to allow the risk of a deflationary outcome in the United States to persist without decisive policy action.Not surprisingly, Mr Dudley would like the EMEs and the rich world to cooperatively "move toward arrangements that put us on a mutually sustainable path".
This is particularly true given the need for decisive policy change, or even the introduction of a new development path, which is asserted within the sustainability agenda.
But in a nod to critics, the joint statement said the government would also promote "all possible decisive policy actions for reforming the economic structure" and establish "a sustainable fiscal structure".
He also talked of decisive policy measures to combat deflation.
Indeed, despite his consistently lagging polling and fundraising numbers, Edwards has arguably been the decisive policy influence inside the Democratic party.
The data is "another warning that the euro zone economy is sinking further into recession," Jonathan Loynes, chief European economist at Capital Economics, wrote in an analysis, adding that the results dashed hopes that the European Central Bank's pledge on Sept. 6 "to take more decisive policy action might have improved sentiment towards the broader economy".
