Please help make FR's voice louder.
Truth, Justice, and the American Way.
Posted on 01/30/2016 3:04:49 PM PST by Kaslin
i dont know if big business tax cuts are going to work like they did in the 80s, before outsourcing.
biggest cut in the world is still hard pressed to beat pennies on the dollar labor.
and a quarter point every quarter for the next three years?!?!?!
are they nuts?
economy is barely moving as it is.
no more QE but i dont know about so many rate hikes.
What?! If the Fed is reading the market correctly, it should be freaked out. And “no inflation”? Complete and utter BS!
The Fed always misreads the situation. The FEd is always at least six months behind the cause of the current economic situation. The’a one reason why the Fed doe mote harm than good.
The Fed needs to be replace by a computer that simply calculates a certain measured yearly increase in the money supply. Period. No politics - or certainly a lot less politics and stupid economic interference that does more harm than good- which is the history of the Fed.
Kudlow is misreading the situation, too. We need to raise interest rates not because the economy is strong, but because it’s dangerous to have then so so long. Do we want to end up pushing on a string? Do we want to end up like Japan in the 90’s?
If what I think is coming, comes...Japan as it is right now will look like Nirvana.
Truth, Justice, and the American Way.
We are in RECESSION. I would argue we've been in recession ("officially") since mid-2008, perhaps earlier.
Only would be more reason why we need some room to go down.
The last thing we need is a roaring economy in 2016 to get the Democrats elected to everything.
That is not a recession. That is a depression which is where we are and have been. We even have the bread lines. Nowadays we do it by EBT and SNAP instead of queuing up at the feeding station.
the Fed may possibly be freaked out by the markets
but
the markets are definitely freaked out by the (irresponsible) Fed
Obamacare , illegal immigration and H1B visas are destroying the economy.
A professor in a graduate econ course I took back in the seventies once observed that the Fed’s attempts to drive the economy utilizing the data it had available could be likened to trying to drive your car down the road while looking only in your rear view mirror.
Which FED Window should I use to get my Zer0 percent loans?
excellent point!!!.......How many people are on the bread line now?.....How many were added last yr?
“We are in RECESSION. I would argue we’ve been in recession (”officially”) since mid-2008, perhaps earlier.”
If everyone using an EBT card was standing in a bread line, we’d see that we have been in a serious depression since 2009, at the latest.
Unemployment is not the 5 and 6% reported; it has been above 25% for the entire administration of the Negro from Nairobi.
I can not believe I agree with you on interest rates. ZIRP has decimated velocity of money. Savers and seniors have much less money to spend. Many are going after risky stuff to gain some yield. Retail is hurting.
The problem is not lack of loan money. Banks can borrow from FED at zero rates. Problem is lack of demand for loans.
Regulations and Obamacare are killing full time jobs, because if you work less than 30 hours, employer is not required to offer healthcare.
Sounds about right.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.