Friday, April 15, 2016

What ails America's economy?

Let me count the ways; the poet once wrote.

Basically, there are four things:

1. The interest rate is too low causing deflation. The FED tried to normalize the interest rate but got cold feet after the Stock Market threatened to unravel. If the FED succeeded in raising rates, the deficit would balloon.

2. There is a weak growth but it is soaked up by the Federal government.

3. The Obama regime favors some industries but tries to bankrupt others. Coal mines are being bankrupted on purpose.

4. The US is no longer a place to invest. We are being overrun by third world people who are good candidates foe being future Democrats but are inadequate in a dynamic economy.

No comments:

Post a Comment