17 Reasons America Needs a Recession

November 24, 2007 by Trader Rich 

17 Reasons America Needs a Recession.

  1. Purge excesses of housing boom.
  2. Reverse dollar's free fall by giving government a wake-up call.
  3. Expose Wall Street's shadow-banking system.
  4. Force fiscal restraint back into government.
  5. Wake up short-term investors.
  6. Rating agencies have conflicts of interest and favor Corporate America.  Shake them up.
  7. Trigger internal recession in China.
  8. Force energy and auto industries to get serious about emission standards.
  9. Expose core inflation.
  10. Slow the Fed from cutting rates.
  11. Force Washington to get honest about how it's going to pay for wars.
  12. Expose CEO compensation.
  13. Stop privatization of federal government.
  14. Force congress to get serious about Social Security/Medicare disaster.
  15. Pressure consumers to reduce spending and increase savings.
  16. Lobbyists have replaced regulation.  Stop this.
  17. America has always performed better during crisis'.

Read the entire are at Marketwatch.

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