Robert Reich: The Rubbish You’re Hearing About Long-Term Interest Rates – OpEd

Maybe being bedridden for a few days has made me grouchier than usual, but I’m royally pissed off. I’ve spent decades fighting right-wing economists. Yet, like zombies, they and their ideas keep coming back from the dead. 

Here’s the latest example. 

A surge in long-term interest rates is causing tremors on Wall...