Fed to Raise Interest Rates on Obama's Weak, Struggling and Jobless Economy

Townhall.com ^ | March 21, 2014 | Donald Lambro

[rktman]

Lucky for us that we’ve “turned the corner and are on the road to recovery” then huh?

[Westbrook]

Just when you think this dismal 0bamao administration could get no more Carteresque, now we have “Stagflation” again.

0bamao is Jimmy Carter squared.

[skinkinthegrass]

oh! ..this'll do the economy/DNC & RNC Establishment Parties; some real good news... /s

[sarge83]

I don’t see how this lasts long as the rise in rates will make the current deficit numbers far worse.

[skinkinthegrass]

???note: the "/s" ..have god day.

[skinkinthegrass]

"God day = good day"...durn s Eyechecker.

[Stentor]

...now we have “Stagflation” again.

"Malaise" doesn't quite cover what's going on now. Maybe melancholic decrepitude would cover it. Unless you're getting free Fed back door handouts.

[skinkinthegrass]

yeah..i rem: those (chilling) years, Jimmah "Malaise" Carters' revenge..
13% interest rates/gas lines/very weak foreign policy
..and that 'ol B@t@$rd, is still alive..('Rat Zombie, to the max. )

[Westbrook]

Melacholic decrepitude > Malaise

... where > means “worse than”.

At least Carter wasn’t promoting Sodomy, destroying the energy industry, persecuting the Church, ruling by executive order, and grabbing guns.

[Carry_Okie]

Methinks the Fed is anticipating a Republican takeover in the Senate.

[mjp]

the Fed, she said, will continue withdrawing from its bond buying stimulus,

she said the Fed would begin raising its interest rates,

In addition to the above two,all we need is a credit crunch to cause the next financial contraction and recession. It will begin just before the 2016 election and it would be nice if the people will blame the new recession or the worsening of the current one on hussein and the democrats.

[stevie_d_64]

I wonder if this will become one of the factors in the election later this year???

[Gaffer]

Government’s ‘intervention’ and meddling in the bad economy it created is like a Goa’uld that has infested its lungs.

The body has gotten so used to free money (no-interest loans), massive $75-$85B/month infusions to buy up T-Bills and MBSs, it will be very difficult, damned near impossible to extract the Goa’uld without causing a massive coronary.

[jwalsh07]

Yellen is a trickle down liberal. She truly believes that inflating the stock market will make people feel wealthy so they will spend more. Totally wrong but what the hell. She’s a brilliant economist and I’m just an engineer.

[Don Corleone]

Tomorrow’s news today...”U.S. financial collapse surprises no one....except the faculty lounge.”

[Kaslin]

13% interest rates during the peanut farmer from Georgia’s term? I remember 21% interest rates

[skinkinthegrass]

*facepalm* ..your very correct, 13/21% interest rates.

[StevieRay20]

Good luck slowly deflating the balloon.

[SaxxonWoods]

The taper is not happening due to a stronger economy. It’s happening because the stimulus is having no effect and continued “pushing on a string” will have bad knock-on results.

The interest rates rises may or may not happen next year and are many months away.

This is just the continuation of the tighrope act between inflation and deflation.

We have both going on. Mainly asset deflation and consumable inflation.

Get used to it, it’s not going away anytime soon.

Stagflation is not the proper term but many will use it anyway. Deflation is the enemy at the door, inflation will follow later.

We are still 8-10 years away from what we used to call a normal economy. And that’s if everthing goes well.