Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Warren: Republicans Want the Fed to ‘Raise Interest Rates and Put Millions of People out of Work’
Breitbart ^ | 10/17/2022 | Ian hatchett

Posted on 10/17/2022 6:49:34 PM PDT by ChicagoConservative27

On Monday’s broadcast of CNN’s “The Lead,” Sen. Elizabeth Warren (D-MA) claimed that Republicans are the ones who want the Federal Reserve to engage in interest rate hikes that will “put millions of people out of work.”

Warren said, “I just want to say here, it’s the Republicans who are trying to keep 43 million Americans from getting their student loan debt canceled. It is Republicans who want to repeal the laws that we just got in place to cut the cost of insulin and to let Medicare negotiate drug prices. It’s the Republicans who want to see us raise interest rates and put millions of people out of work. So, I am very worried about buzzkill. I am worried about what it is the Republicans want to do to an America that really — what we’re trying to do as Democrats is just build opportunity, just let families get out there and do what they do best, let individuals get out there and do what they do best and let them make their own decisions, including letting women make their own decisions about abortion and about their health care. To me, that’s the heart of what it means to be an American and to be optimistic about the future we’re building.”

(Excerpt) Read more at breitbart.com ...


TOPICS: Business/Economy; Culture/Society; Government; News/Current Events
KEYWORDS: fed; highcheekbones; republicans; warren; work
Navigation: use the links below to view more comments.
first previous 1-2021-4041-6061-8081-93 next last
To: Nathan _in_Arkansas

The “adult” GOPers will hide behind the Fed chair and let her destroy the economy and not vote for bit of it all the while cheering it on.


21 posted on 10/17/2022 7:09:05 PM PDT by central_va (I won't be reconstructed and I do not give a damn...)
[ Post Reply | Private Reply | To 15 | View Replies]

To: ChicagoConservative27

When Biden took office, and he should have put in a monkey eating a banana as the top expert and head of the monetary reserve. The monkey would have done nothing and would have changed from what was going on under Trump. The monkey would have been hailed a financial genius.


22 posted on 10/17/2022 7:10:16 PM PDT by BEJ
[ Post Reply | Private Reply | To 1 | View Replies]

To: markman46

Maybe doctors should go back tp bleeding patients, same kind of logic (illogic).


23 posted on 10/17/2022 7:10:17 PM PDT by central_va (I won't be reconstructed and I do not give a damn...)
[ Post Reply | Private Reply | To 11 | View Replies]

To: ChicagoConservative27
Inflation doesn't stop until the Feds stop printing money and passing it out like drunk sailors.
Although both parties are guilty of this practice, the Demonrats far exceed the Republicans in their zeal for spending money we don't have. And returning our nation to its former energy sustainability (opening up the pipelines, Anwar, fracking) will also help fight inflation by driving down energy costs. The Dems are against any of these policies.
Sure, raising the interest rates will also fight inflation by driving the nation into a deep recession, but that really isn't the healthy way to attack inflation because the collateral damage is a killer.
24 posted on 10/17/2022 7:10:28 PM PDT by El Cid (Believe on the Lord Jesus Christ, and thou shalt be saved, and thy house...)
[ Post Reply | Private Reply | To 1 | View Replies]

To: central_va
Kind of true unfortunatley.

So? The easy off-ramps were all ignored for far too long. Now, it’s either stop inflation by smothering the economy for a while, or let inflation run wild and become Venezuela. The worst thing would be to keep everyone employed (and therefore spending) and to give in to the demands to inflate salaries as well to match rising prices. THAT would absolutely destroy anyone who didn’t get one of those inflated salaries, especially anyone on a fixed income.

25 posted on 10/17/2022 7:10:30 PM PDT by noiseman (The only thing necessary for the triumph of evil is for good men to do nothing.)
[ Post Reply | Private Reply | To 2 | View Replies]

To: Nathan _in_Arkansas

“Clinton: “I can spend your money better than you can.”
In a post-State of the Union speech in Buffalo, NY on January 20, 1999, Bill Clinton was asked why not a tax cut if we have a surplus. Clinton’s response:
“We could give it all back to you and hope you spend it right... but you won’t.”


26 posted on 10/17/2022 7:10:38 PM PDT by blackdog (The head, hands, and heart, serve even further than the purse. )
[ Post Reply | Private Reply | To 15 | View Replies]

To: central_va
Name names.

"Some Republicans" will sacrifice your life to stop Trump too. What's your point?

"Some Republicans" don't care that inflation is out of control. They want the rates raised for selfish reasons.

There's no end to your kind of lunacy without naming names.

27 posted on 10/17/2022 7:11:36 PM PDT by lewislynn (Trump accomplished more in one term than any other President in your lifetime.)
[ Post Reply | Private Reply | To 7 | View Replies]

To: noiseman

Get your baseements ready to recieve your adult children who will be out of work for a long time after the inducced recession makes unemployment go up over 10% maybe 15%....


28 posted on 10/17/2022 7:12:14 PM PDT by central_va (I won't be reconstructed and I do not give a damn...)
[ Post Reply | Private Reply | To 25 | View Replies]

To: ChicagoConservative27
I find it Orwellian the way Warren and her tribe define killing babies as "healthcare". It's straight out of Orwell. And how about "hands off my body!" Lady, the child you are killing is not your body. I bet they all have a sign out front "In This Home We Believe in Science!"

29 posted on 10/17/2022 7:12:45 PM PDT by Governor Dinwiddie (LORD, grant thy people grace to withstand the temptations of the world, the flesh, and the devil.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: ChicagoConservative27
Wow! Talk about running ahead of the parade!

Warren knows that Powell is locked into raising interest rates, so now she's pre-positioning an attack on Republicans inferring that they're the ones forcing the raise in interest rates.

-PJ

30 posted on 10/17/2022 7:13:41 PM PDT by Political Junkie Too ( * LAAP = Left-wing Activist Agitprop Press (formerly known as the MSM))
[ Post Reply | Private Reply | To 1 | View Replies]

To: lewislynn

Seems like every right wing expert wants a recession and high unemployment. I guess that is so much better than grandma eating dog food....


31 posted on 10/17/2022 7:13:58 PM PDT by central_va (I won't be reconstructed and I do not give a damn...)
[ Post Reply | Private Reply | To 27 | View Replies]

To: Governor Dinwiddie

Or denying gender and mutilating children = “gender affirmation.”

Russian collusion by Trump = Hunter and ‘Big Guy’ took millions from Russia.

Whatever they say, the opposite. That seems to be how it works.


32 posted on 10/17/2022 7:15:07 PM PDT by TigerClaws
[ Post Reply | Private Reply | To 29 | View Replies]

To: null and void; aragorn; EnigmaticAnomaly; kalee; Kale; AZ .44 MAG; Baynative; bgill; bitt; ...

omg, SHADDUP LIZZIE!


33 posted on 10/17/2022 7:16:10 PM PDT by bitt (<IMG SRC=' 'width=50%>)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Political Junkie Too
Where are the Republicans trying to convince us that an induced recession is not the way to go forward? IT IS NOT THAT GD SIMPLE. Pocahontis knows that. She is evil and is playing the R gang like a fiddle.

If a house has termites burning it down is a solution, but maybe not the best solution....

34 posted on 10/17/2022 7:17:43 PM PDT by central_va (I won't be reconstructed and I do not give a damn...)
[ Post Reply | Private Reply | To 30 | View Replies]

To: ChicagoConservative27

Prolonged high inflation will absolutely crash the economy too. We will probably end up with high interest rates and high inflation and high unemployment next year. It will be a total disaster.


35 posted on 10/17/2022 7:19:52 PM PDT by McCarthysGhost (q)
[ Post Reply | Private Reply | To 1 | View Replies]

To: ChicagoConservative27

Yeh, thats EXACTLY what the Pubs want.

What a stupid freaking dumb bitch. And the people that keep voting this idiot in the office.


36 posted on 10/17/2022 7:19:55 PM PDT by Hammerhead
[ Post Reply | Private Reply | To 1 | View Replies]

To: ChicagoConservative27

Pocahontas can just say whatever BS she wants to say, it doesn’t make it true. She just wants to give money away.


37 posted on 10/17/2022 7:21:27 PM PDT by FamiliarFace (I wish “smart resume” would work for the real world so I could FF through the Burden admin BS.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: central_va

Unemployment won’t get to 10%. We gotta burn thru another 5 million just to be in equilibrium. And we are already in a recession - when wages are up 6-7% and inflation is up 9-10%, it’s the same as real wages flat and unemployment up 2%. I’ll be shocked if unemployment goes above 5%.


38 posted on 10/17/2022 7:21:50 PM PDT by rb22982
[ Post Reply | Private Reply | To 19 | View Replies]

To: ChicagoConservative27
She is not at all stupid, my good FRiend.

That is even scarier, n'est ce pas?

39 posted on 10/17/2022 7:22:06 PM PDT by Seaplaner (Never give in. Never give in. Never, never, never...in nothing, great or small...Winston Churchill)
[ Post Reply | Private Reply | To 1 | View Replies]

To: central_va
Most Republicans are in favor of crashing the economy to slow inflation. Crashing by raising interest rates. Cowards will hide behind the Fed chair to do their dirty deed.

I don't know of one economist who has said: "Volcker was wrong to raise interest rates. He should have let inflation spiral out of control."

40 posted on 10/17/2022 7:22:38 PM PDT by Right_Wing_Madman
[ Post Reply | Private Reply | To 7 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-4041-6061-8081-93 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson