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Fed officials warn Trump that fiscal policy must be smart
Market Watch ^
| Published: Dec 5, 2016 11:50 a.m. ET
| Greg Robb
Posted on 12/05/2016 12:08:50 PM PST by b4its2late
New York Fed president backs gradual interest-rate hikes Without mentioning President-elect Donald Trump by name, Federal Reserve officials on Monday warned that the incoming administration’s fiscal policy must be intelligently designed to spur the economy while maintaining a rainy-day fund to help the economy withstand another downturn. “Smart” government spending and tax reform could help the economy grow, said Chicago Fed President Charles Evans in a speech to the Executives Club of Chicago, according to Reuters.
(Excerpt) Read more at marketwatch.com ...
TOPICS: Business/Economy; News/Current Events
KEYWORDS: 2016issues; fed; federalreserve; trumpagenda; trumpcabinet; trumpeconomy; trumptransition
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To: b4its2late
Apparently that’s a new requirement.
2
posted on
12/05/2016 12:09:54 PM PST
by
thorvaldr
To: b4its2late
Trump probably have more knowledge about the economy than all of them put together.
To: b4its2late
Audit the Fed. Stop letting them buy ink and bits.
4
posted on
12/05/2016 12:10:24 PM PST
by
Paladin2
(No spellcheck. It's too much work to undo the auto wrong word substitution on mobile devices.)
To: b4its2late
Makes you wonder what the heck they’ve been
doing the last EIGHT years...if it’s all so simple.
5
posted on
12/05/2016 12:10:34 PM PST
by
tet68
( " We would not die in that man's company, that fears his fellowship to die with us...." Henry V.)
To: b4its2late
You mean incredibly smart policy like we’ve had for the last eight years, where we increased the money supply about 400% and got nothing for it? That smart policy?
To: b4its2late
To: b4its2late
As if the billionaire business man doesn’t know about it than the feds who haven’t seen a smart fiscal policy in years.
8
posted on
12/05/2016 12:12:56 PM PST
by
bgill
(From the CDC site, "We don't know how people are infected with Ebola")
To: b4its2late
Smart like $1 trillion deficits with no realistic plan to eliminate them and to pay back the debt?
9
posted on
12/05/2016 12:13:03 PM PST
by
Opinionated Blowhard
("When the people find they can vote themselves money, that will herald the end of the republic.")
To: b4its2late
The FED does not have a clue that one of the things that the new administration will consider is the continued existence of the FED itself. We need to be on a hard currency system with precious metal backing.
10
posted on
12/05/2016 12:13:56 PM PST
by
BuffaloJack
(Own a rifle. Be an American.)
To: b4its2late
The Federal Reserve has done such a great job!
To: b4its2late
You know what would be smart?
An audit of the Fed.
12
posted on
12/05/2016 12:15:15 PM PST
by
ClearCase_guy
(Abortion is what slavery was: immoral but not illegal. Not yet.)
To: thorvaldr
Apparently that’s a new requirement.
Yep. We tried the other way and as of January 20th, we’re gonna switch back to the smart way. :)
13
posted on
12/05/2016 12:15:40 PM PST
by
Mr. Douglas
(Today is your life. What are you going to do with it?)
To: b4its2late
To: b4its2late
What’s so smart about $20,000,000,000,000.00 in debt?
15
posted on
12/05/2016 12:17:32 PM PST
by
IC Ken
To: b4its2late
that does ring a little hollow coming from the Fed
16
posted on
12/05/2016 12:17:45 PM PST
by
oldbrowser
(Yo chikins....................)
To: BuffaloJack
We need to be on a hard currency system with precious metal backing.....Sorry my FRiend, it MAY be what is needed, but we are so far down the rabbit hole, it ain’t gonna happen. Can’t.
17
posted on
12/05/2016 12:17:50 PM PST
by
Safetgiver
(Islam makes barbarism look genteel.)
To: b4its2late
18
posted on
12/05/2016 12:18:35 PM PST
by
Secret Agent Man
( Gone Galt; Not averse to Going Bronson.)
To: b4its2late
19
posted on
12/05/2016 12:18:46 PM PST
by
AppyPappy
(If you really want to irritate someone, point out something obvious they are trying hard to ignore.)
To: Safetgiver
Bankers do not want that.
20
posted on
12/05/2016 12:19:18 PM PST
by
Secret Agent Man
( Gone Galt; Not averse to Going Bronson.)
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