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 ...
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.
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.
Maybe doctors should go back tp bleeding patients, same kind of logic (illogic).
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.
“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.”
"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.
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%....
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
Seems like every right wing expert wants a recession and high unemployment. I guess that is so much better than grandma eating dog food....
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.
omg, SHADDUP LIZZIE!
If a house has termites burning it down is a solution, but maybe not the best solution....
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.
Yeh, thats EXACTLY what the Pubs want.
What a stupid freaking dumb bitch. And the people that keep voting this idiot in the office.
Pocahontas can just say whatever BS she wants to say, it doesn’t make it true. She just wants to give money away.
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%.
That is even scarier, n'est ce pas?
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