Should the Fed cut interest rates to help boost the housing market, and the economy?

Housing starts are just one aspect of the economy...one that's probably due for a correction after a speculative boom. I'd leave it alone for now. Housing will come back in good time.

There are limits on how fast the economy can grow without causing inflation to get out of control. The economy is at the same time delicate and resilient. And operates the best when government doesn't try ot over control it.

The Fed is outside the control of the legislature (Thank God) and Congress is not allowed to dictate what they should do with interest rates.

I could go into how government fiscal responsibility can go a long way into stimulating the economy. But I'm not. Either you understand Congress can do a lot to mess up the economy but very little to really stimulate it short term or you don't.

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