One of the best kept secrets in economics it that everything is simple. Sophisticated models evolve as a means of rejecting the truth because it is distasteful. Economic depressions occur after governments replace economic decisions with political decisions. This is done in an attempt to hurry economic growth at a faster rate than the natural market can provide.
There is no way to enhance economic activity by substituting political decisions for economic decisions. For the same reason, government cannot hurry the economy out of a recession.
Student Loan Moan
I can’t stand it. I mean when college students can’t get jobs because their degrees have no market value.