Well, it looks like the latest recession, which has afflicted the economy since last Thursday, is finally over. One has to wonder why it took the government so long to act. Wall Street traders, those people who make the most important contributions to our economy, made nary a profit for almost a full week.
And it seems clear that the government's action, though belated, was the correct one. What better cure for an economy weakened by a crush of bad loans than to lower interest rates and make money easier to borrow?
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