Minnesota's corn farmers remain far behind with spring planting, and now, each added rain delay multiplies concern about lower yields and lost profits.
Loan supply won't create demand You can lead a horse to water but you can't make it drink. Keep that in mind when reading how much the Fed has driven down interest rates. In finance, you can increase the amount of money available for lending, but you cannot force banks to make loans. That limits the broader effects of plentiful money on the economy as a whole.
Real World Economics / Politicians see letters from economists as junk mail The collective wisdom of economists is valuable. With it and $3.75 you can buy a gallon of unleaded gas nearly anywhere. Yes, that is a sour-grapes reaction to John McCain and Hilary Clinton's scorn for a warning from economists that a gas-tax holiday would be not only futile but counterproductive.
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