Suppressed Interest Rates Won't Restore Growth

The "New Keynesians" of 2017 are a lot like the old Keynesians of the 1930s who extended the Great Depression by seeking to suppress interest rates (which is associated with lower economic growth) and increase inflation (which increases income disparity). But free-market advocates can count on leftist politicians to blame the free market and "corporate greed" while at the same time backing crony capitalist deals and opposing openness for the Federal Reserve Bank operations which are both inhibiting growth and increasing income disparity.