Changes in interest rates will do nothing for our economy. The causes of our economic woes are systemic. Tinkering with the interest rate dial by the Federal Reserve has not changed the decline in the American standard of living over the past five decades.
Nor can we look to the invisible hand of God, or, Keynesian economics, to change the trend of decline in the American economy. We cannot simply wait for the next business cycle to crest. Business cycles are just that, times
Updated 07-04-12 at 02:01 PM by teaser47401