MarketWatch: Why the U.S. economy could still use some stimulus

MarketWatch’s Tim Mullaney writes that Congress which abandoned the sequestration provisions of the 2011 Budget Control Act and set the stage for a $50 billion boost to federal spending this year, must target how the money is spent to bolster manufacturing and the few other lagging sectors of the economy.

That way, when rates begin to rise, we can tell ourselves that it’s time — which we’ll know because we’ll finally be doing everything we can to make this expansion work for all Americans.

Read more of the column here.