12/19/2010 11:26 am ET | Updated May 25, 2011

Why Rising Interest Rate Are Actually A Good Sign For The Economy: Bruce Bartlett

There has been much hand-wringing in the business press lately about the recent rise in interest rates. The fear is often expressed that this will choke off the economic recovery and decimate further the still-weak housing industry. But in fact, rising interest rates are an extremely bullish sign; tangible evidence that the economy may have finally turned the corner and is poised for a sharp rise in growth.