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Does the Government Have a Long-term Strategy to Get the Economy Back on Track?

By U.S. News Staff

December 17, 2008 RSS Feed Print

The Federal Reserve yesterday announced that it would lower the interest rate for federal funds to nearly zero, an all-time low. President-elect Obama said he wasn't going "to second-guess the Fed, which is an independent body," but called on all branches of the government to combat the recession. Does the government have a long-term strategy to get the economy back on track? Or have President Bush and the incoming Obama administration left the bulk of these efforts to the Federal Reserve? Post your thoughts.

Previously: Is Caroline Kennedy Qualified to Serve in the Senate?

Tags:: Federal Reserve,; interest rates

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Fellow Americans let us stand proud for our United States constitution!
James Madison gathered ideas came up with 42 rights that need to be protected by individuals. House of Representatives cut rights to 27. When Senate approved them they cut to 12, only 10 were approved by states. These 10 rights became the first amendment to constitution on December 15, 1791 otherwise known as The Bill of rights! On December 15 2008 is recognized as Bill of Rights Day. So let us celebrate our Rights!
“Ask not what your country can do for you, ask what you can do for your country.” Quote of John F. Kennedy. Carpenter James brings honesty to the residences of Fort Wayne, Indiana. Fort Wayne, Indiana broke James Jones’s Constitutional rights. Question to President George W. Bush or President elect Barack Obama, who will bail out James Jones Jr. for the damages done by the city of Fort Wayne? The amount is around $320000.00 and getting larger every day! Add in the newspaper 12/15/2008 call for the inclusive story.
Author: James Jones Jr. Cell (260)740-6495 Home (260) 373-0701

James Jones of IN 10:54AM December 18, 2008

Fellow Americans let us stand proud for our United States constitution!
James Madison gathered ideas came up with 42 rights that need to be protected by individuals. House of Representatives cut rights to 27. When Senate approved them they cut to 12, only 10 were approved by states. These 10 rights became the first amendment to constitution on December 15, 1791 otherwise known as The Bill of rights! On December 15 2008 is recognized as Bill of Rights Day. So let us celebrate our Rights!
“Ask not what your country can do for you, ask what you can do for your country.” Quote of John F. Kennedy. Carpenter James brings honesty to the residences of Fort Wayne, Indiana. Fort Wayne, Indiana broke James Jones’s Constitutional rights. Question to President George W. Bush or President elect Barack Obama, who will bail out James Jones Jr. for the damages done by the city of Fort Wayne? The amount is around $320000.00 and getting larger every day! Add in the newspaper 12/15/2008 call for the inclusive story.
Author: James Jones Jr. Cell (260)740-6495 Home (260) 373-0701

James Jones of IN 10:48AM December 18, 2008

The United States government has a long record of doing what will hurt the economy. The great depression is an example. Social Security is an example. Continued federal deficit spending is an example. Taxation policy is an example. Government regulation (of most everything) is an example. I could go on.
Most of the political leaders have little or no business experience and would have no idea how to start, manage, and successfully run a small business. And these are the very people we allow to control our economic future.
I fear we are in for a rude shock as we go forward. The US government can not continue to run deficit spending and commit itself to trillions in future unfunded obligations. Our government will go broke and the life of all Americans will be drastically changed forever.
I say this with great sadness, as I believe we are blessed with so much.

Jim Bower of WA 3:04PM December 17, 2008

Does the Government Have a Long-term Strategy to Get the Economy Back on Track?

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