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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?

To: koan who wrote (144877)	8/6/2014 9:13:38 PM
From: RetiredNow	Respond to of 149317

The results of Keynesianism, as practiced through interest rate manipulation all the way to the zero bound. Notice the only reversal in this trend? It was when Volcker increased rates dramatically and started following the practice of focusing on a stable dollar. The trend continued after Greenspan, Bernanke and now Yellen took over and decided to pursue interest rate cuts all the way to the zero bound. Keynesianism on steroid is destroying the 90%. No one can dispute that Keynesianism is terrible for the average man and great for the 1%. The data is indisputable. You may think it is great for the economy, but please stop pretending it's good for the 90%. It is simply not. The data tell us otherwise.