Sen. Warren ‘very worried’ the Federal Reserve ‘is going to tip this economy into recession’

Fox business ^ | 08/28/2022 | Jessica Chasmar

[ChicagoConservative27]

Sen. Elizabeth Warren, D-Mass., said Sunday she’s "very worried" that measures taken by the Federal Reserve to tame inflation are going to put "millions" of Americans out of work.

During an appearance on CNN’s "State of the Union," Warren said she’s concerned that the Fed’s continued raising of interest rates could "tip" the country into a recession.

"I am very worried about this, because the causes of inflation, things like the fact that COVID is still shutting down parts of the economy around the world, that we still have supply chain kinks, that we still have a war going on in Ukraine that drives up the cost of energy and that we still have these giant corporations that are engaging in price gouging," she said.

[Cen-Tejas]

I probably should thank Senator Warren. She’s sort of like a wind vane telling me the direction of the wind. If she’s pointing one direction on an issue, without thinking, I know to go the other direction.

[RedMonqey]

She’s not worried about inflation that is the most regressive tax on the poor and middle class.

But blames it on big business which did just fine under Trump.
Question: Why didn’t big business get greedy under Trump’s administration which loosened the regulations but waited till the Biden administration to rise prices but has more desire to regulate?

Questions no liberal has the answer form

[JerseyDvl]

We’re deeply mired in a recession. The Democrats fiscal policy of spending until America’s broken is a smashing success. Next up, DEPRESSION.

Economically, of course to go with most people’s psychological reaction to this unending recklessness. The American Dream is dead.

[KC_Conspirator]

Needs repeating, we are already in a recession, even with the governments efforts to cook the books. Warren is an economic buffoon.

[high info voter]

Every communist/socialist run country is in PERMANANT RECESSION!!

What an IDIOT!

[joshua c]

i think something along the lines of Volcker raises the fed rate to 21% to kill 13% inflation

its going to take a bit more than a couple of points

[Don Corleone]

Next step DEPRESSION! Maybe worldwide. Agenda 21?

[GailA]

3rd Quarter Econ loss, Stock 1,000+ drop? Do you think it is still a Recession? I call it DEPRESSION.

[Seaplaner]

She is not stupid, my good FRiend. A lot of the lefties are pretty smart.

That said, they are unquestioningly obedient to their leftwing political cult, and furiously intolerant of opposing views (even though we have a few centuries of clear proof that Traditional American values and form of government are far, far superior to anything else.)

[SunkenCiv]

Yeah, nice try, beeotch.

• HEALTH WATCH: 'Shaken' Liz Warren Holds Staffer's Hand for Balance, Raising Fitness Concerns [05/04/2022]

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• 'I know the kind of things that he says about women and to women': Hillary Clinton rips Bernie Sanders as sexist in new book [08/14/2022]
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• Elizabeth Warren Declares War on Crisis Pregnancy Centers [07/06/2022]
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• Elizabeth Warren wants the Electoral College abolished in time for 'my second term' [LOL] [12/02/2019]

[goodnesswins]

Yup...all week we willl likely hear...”The Feds did it”

[Boomer]

Shift the blame from the majority house and senate and of course the main reason the USA is economically FUBAR’d; the illegitimate biden admin and all the nonsense they’ve pulled since being installed like turds in a punch bowl.

Plus we’ve been in a recession for weeks. Almost a month.

[Saintgermain]

Even so I am an optimist by nature in this case I have some serious doubt as I have a feeling the US is heading down the same road as Argentina where poor politics, corruption and graft has gotten the best of them and this cycle is not easily broken, as it is part of a mindset which took years to develop. The chains of habit are too weak to be felt until they become too strong to be broken!

For curiosity sake the current rate of inflation in Argentina is around 70 % and shows no sign of abating, in other words they have not gotten their act together yet and neither has the US.

Even if we elect a president who may have the right ideas for attempting to get this country back onto the right track it only may slow the descent on to the trash heap of history of a once great country. So far there has been no known great country in history which has escaped this cycle.

[Vaduz]

Yes and heading into a depression fast the last time it was this bad it took (4) presidents to get out of it Nixon Ford Carter Reagan.
Biden near the till is like a wino locked in a liquor store.

[GOPJ]

What color is the sky in Elizabeth Warren’s world? In this world we’re already in a recession...

[DoughtyOne]

Liz (perhaps) on a peyote high, knows differently.

[newzjunkey]

“Technical recession” it’s not real until a Republican is on the White House /s