“First of all, the US economy is not in great shape. If it was the Fed would be raising interest rates. Because the economy is not in great shape the Fed has again decided to delay raising rates. Obama will probably not raise interest rates through the end of his term with some estimates that the US will be in a recession by August.”
Actually, though it would be yet another bitter pill for the nation to swallow, going into a good old-fashioned recession in August might be the “cheapest way” out of our economic dilemma, because it would insure the election of Donald Trump.
I had a meeting at an American Legion known to be very liberal. Soon a guy said the economy was the best ever as his 401K was now close to.5 mill. He attributed that to 0 and H. He also bragged about 0 care. My name was called just after he called me a “tea bagger”.