To: Rusty0604
raising interest rates when there are almost no jobs
is not a good idea
yes, the lack of much employment for American citizens is largely the result of several OTHER Obama policies
we need to get those economically-destructive, job-killing policies fixed first
then let interest rates rise to sustainable levels in the free marketplace
doing the rates right now would not be good timing given the mostly-bleak job situation for so many millions of Americans
first things first. stop killing our jobs... and then free up rates
2 posted on
10/18/2015 9:36:16 PM PDT by
faithhopecharity
(Brilliant, funny, and incisive Tagline coming to this space soon.....)
To: faithhopecharity
13 posted on
10/18/2015 10:25:14 PM PDT by
Sequoyah101
(It feels like we have exchanged our dreams for survival. We just have a few days that don't suck.)
To: faithhopecharity
Keeping rates at zero (ZIRP) has resulted in interest hungry seniors and other investors to seek more risky avenues such as junk bonds.
Since there is almost zero money being earned by savers and seniors, there is less money to spend. Velocity of money in circulation is near record low levels. That explains why retail business is suffering along with Walmart.
14 posted on
10/18/2015 10:26:25 PM PDT by
entropy12
(When you vote for a candidate, you are actually voting for his/her rich donors!)
To: faithhopecharity
It is the debt that will be most affected. He wants to wait until he is about to leave office so he can pass that disaster on to the next administration.
15 posted on
10/18/2015 10:36:32 PM PDT by
The Ghost of FReepers Past
(Woe unto them that call evil good, and good evil; that put darkness for light..... Isaiah 5:20)
To: faithhopecharity
The market should determine
17 posted on
10/18/2015 10:42:34 PM PDT by
Rusty0604
(a)
To: faithhopecharity
raising interest rates when there are almost no jobs is not a good idea yes, the lack of much employment for American citizens is largely the result of several OTHER Obama policies we need to get those economically-destructive, job-killing policies fixed first then let interest rates rise to sustainable levels in the free marketplace doing the rates right now would not be good timing given the mostly-bleak job situation for so many millions of Americans first things first. stop killing our jobs... and then free up ratesThat's like saying we can't operate on the cancer because the cancer was created to prolong the illusion of health.....
22 posted on
10/19/2015 4:43:06 AM PDT by
trebb
(Where in the the hell has my country gone?)
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