How to prepare for the next recession

Source: Neil Irwin - N.Y. Times (Paid Registration)

When the economy goes south, the United States traditionally has two ways of dealing with it. The Federal Reserve cuts interest rates. And Congress passes spending increases or tax cuts to try to put more money into people’s pockets.

But the past decade has exposed flaws in both of these approaches.

Read Full Article: How to prepare for the next recession




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