Letters to the Editor
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it should already be over....
this recession should have been here after '01,when the evil Greenie lowered rates to stop a recession(and keep the right in office),and ended up destroying savers,and creating a new bubble so the next recession will be worse than it would have been.
capitalism is a creative/destructive animal,it has booms and busts.what we need to do is not to try to never have a recession(it just isn't how it works)but try to keep them shallow and help those who need it to get through.
but when we try to never have a recession,we end up with businesses that should go under stay afloat,and debts never get delt with.
the amount of folks being hurt by this recession will be much greater than if we had just lowered rates to 3% instead of 1% and taken our medicine at the turn of the century-we'd be on our way back up by now...