Yeah, the Fed has been essentially spinning plates, or juggling balls in the air, as you said.
The Congress has been holding up a house of cards via deficit spending. All “growth” has been an illusion, because we produce NOTHING, compared to what we used to. It has all been DEBT!
Both parties basically outsourced much of our economy via NAFTA and other notFREE Trade agreements during the early 90s. Unfortunately, a good part of our tax base was sent offshore with those jobs, because instead of paying taxes, or breaking even - all of those otherwise working people are now using EBT cards, and or the various other forms of .gov assistance.
I reckon all we can do now is keep printing money. Maybe the Federal reserve can just send every household a $10,000 check every month to spend on stuff from China, the car payment, mortgage, gasoline, groceries, and healthcare....
The whole mess is just disgusting.
Stock market bailout by the election.
Hey, it worked before on banks.
I predict.