The Big Controversy

The Fed did an abrupt about face on the economic stimulus package by shifting away from saving the housing market to using the $700 billion dollar bailout to get credit card companies and banks to loan more money to the American people. He couldn’t be more wrong than if he’d simply tossed it into a [...]

The continuing talk of economic recovery points directly to the heart of our economic woes. Pundit after pundit, expert after expert cites the need to restore consumer confidence in order to get people buying again. The problem with this line of thinking is that it accepts that the U.S. consumer is the key to unlocking [...]