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The New Look

drastic drop in the market after the announcement of possible interest rate increases shows that the majority of investors do not support this policy. they are opposed to the increase in interest rates in order to control the inflation due to the low levels of unemployment. The main supporters of this policy is the federal government. The reason for their strong support of this policy is their fear of inflation. They feel that if they raise the interest rates then that will keep companies from "wooing" their employees thus keeping their prices at current levels. I believe that having a low rate of unemployment is a spectacular achievement for an economy. The lower the unemployment rate, the more people that are working which in turn help produce more for the country's economy. The current policy proposals seem to be a bit unnecessary at the moment. With the current levels of unemployment being at the lowest in over three decades, the United States economy is booming. Things should be left the way they are despite economists fear of inflation. For under the current conditions, America will continue to shine from sea to shining sea. ...

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