The Fed was pushed hard by certain interests to say that it would tighten up later this year, only if certain parts of the economy improve by then (employment, production, etc.). Some are happy, when bond yields increase, but that’s what to watch out for (interest rate hikes, government unable to pay debts, vicious circle of decline in activity, government unable to pay debts and so on). Really, domestic manufacturing increases are the way to recovery, and large numbers of new, small manufacturing starts would require repeals of regulations and fees at every level of government.