Throughout U.S. history we have had economic cycles, booms and busts. The Federal Reserve System was legislated about a hundred years ago to even them out
But human-handed regulation has never succeeded at that function.
Experience has taught us that natural cycles very quickly correct themselves. And that the deeper the downturn, the sharper the economy will bounce back.
Except when government meddled in the 1930’s as it has in recent years. Along with multi-trillion dollar budget deficits that are confusing and scaring, large and smaller, job-creating business owners.
By now the economy should be thriving again, and isn’t.(See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole tweets.)
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