What’s the Cure for a Sick Economy?
Take my word for it. We’re in a recession. It affects you as an investor and as a consumer. Is there anything that can bring us out of this economic tailspin? It’s time to ask a few questions about the leading candidates:
1. Inflation. If we can stop inflation and make the consumer feel better about spending, the U.S. could spend its way out of the doldrums, yes?
2. Fed cuts. Can the Fed stimulate the economy by cutting rates even more?
3. Employment. Will we have to wait for jobs to start increasing again?
4. Housing. Will nothing good happen until the housing market bottoms and real estate prices start to go up?
5. Credit crunch. The banks are in crisis. They’re also not lending as much as they used to. Can the economy rebound while banks are floundering?
6. Iraq. Getting out would save the U.S. boatloads of money. But is that a difference-maker?
7. Stimulus checks. They sent ‘em. We’re spending ‘em. Could it really be that simple?
One of the above solutions makes sense to me. But I want to know what you think. Let me know in the comments section of ETR, right here. And then… I’ll tell you what I think.
[Ed. Note: Can't wait to find out how to recession-proof your portfolio? Learn how to grab your share of a $300 billion cash pile looking for a home...]
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