Quantitative Easing and GOP Fear

RushLimbaugh.com ^ | 10/30/15 | Rush Limbaugh

[celmak]

And if they did, the Republican President would rightly attack them for it. And correctly pin the blame on them.

The future President will have conservative media to help him if the President comes out with the truth, past Republican Presidents like Reagan where not so lucky.

The Fed had to boost overnight rates to 20% in 1981 to finally stop double digit, runaway inflation.

Which caused the market to drop, and the press to have a field day, which helped cause the loss of seats in Congress.

They were already cutting rates when he took office. They were 5.5% when he took office and had dropped to 3.5% before 9/11.

And come to find out, it was not enough, which caused the market to drop, and the press to have a field day, which helped cause the loss of seats in Congress.

Currently, inflation is minimal. GDP is weak. There's no reason to boost rates so much as to cause the economy to tank.

Uh, what have I been saying - the reason they will do something is to tank it just in time for the 2018 election so that Republicans loose seats!

Timing is everything, but you are refusing to see it. You go right ahead and fight for the Fed and the DemoRATs - GOOD LUCK!

[Toddsterpatriot]

Which caused the market to drop, and the press to have a field day, which helped cause the loss of seats in Congress.

Reagan didn't lose seats in Congress because the market dropped, it was the double dip recession and 10% unemployment.

And come to find out, it was not enough, which caused the market to drop

They could have cut it to zero, they weren't going to stop the DotCom bubble from popping.

Uh, what have I been saying - the reason they will do something is to tank it just in time for the 2018 election so that Republicans loose seats!

If Yellen does something stupid and destructive, her term is up in January of 2018, plenty of time to get a new Chairman in there to reverse it. And even if she did want to raise rates too high, she could easily be voted down, she doesn't get the only vote.

You go right ahead and fight for the Fed and the DemoRATs

You go right ahead and ping me if your prediction comes true.