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It would see to me that in spite of that, the demographics and technology are an overriding factor?
Whence the people be effected by the malivestment of support of key job loss, R&D, and manufacturing, and at the same time the creator of this malinvestment creates a 2nd malinvestment (CRA) to try to create a false sense of wealth, how can there be an escape.
The malivenstments of NAFTA and the CRA are double whammies. Dual malinvestments must be undone at the same time. We need massive investment in R&D and Manufacturing to make $$ in the Private sector, a reduction in the Public sector Unions, and pay in the private sector on par or greater than a similar job in the Public sesctor.
Houses should cost 3-5 times a families annual salary, and interest rates should go up to 5% for 30 year fixed. Glass Stegall should be reinstated.
And all the connected politicians who voted in NAFTA, the CRA, and its derivatives should be in Jail. They should be in Jail even if they are 2-3 layers away from Clinton.
All these excess reserves stuck at the fed are starting to leak into the economy.
http://research.stlouisfed.org/fred2/series/TOTLL?rid=22&soid=1
All of you who are worried about a fallback into deflation should instead consider the possibility that the economy now swing violently the other way.