At this point, the only thing they are looking for is a short-term solution that might make things look good up to November. What happens after that is a bridge they’ll cross later.
That’s right. All decisions from now to November will be about the election, and not about what’s best for the country. Economically, that is a dangerous place. “Strong” consumer spending sounds good but all it means is that credit card debt will soar to even higher record levels.