What's Killing the Economy

Screen capture from Dec 1, 2019 Just a quick post today. I'm amazed that people who comment on the economy, including Bernie, aren't talking about a huge change in banking practices that is killing the US economy . Simply put, banks are not offering savings options that offer at least a 4% return on investment. That means that savings accounts and CD's are no better than putting money in your mattress. And this has been going on since the 2008 economic crash which took out the better part of the auto manufacturers, when they needed a bailout to keep functioning. The trend of lower and lower returns on simple investments has been going on for decades though. What's interesting is that even when the problem with savings accounts is mentioned, it's talked about as if it's a new idea that only happened three years ago (2016) when in fact the trend has been like this for decades. It's nearly Chistmas and I have one wish. That the banks would ge