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re: UPDATE: Fed Chair Yellen is testifying live on CNBC now. (9:34 am, 2/11/16)

Posted on 2/10/16 at 10:40 am to
Posted by Bernie_Madoff
Jail
Member since Feb 2016
171 posts
Posted on 2/10/16 at 10:40 am to
It would be a mess and would be a tool to screw over the other party. A democratic congress projecting a republican takeover could raise rates and then 2 years later shout "look the economy tanked! UE is up and credit is tight! No growth!"

If people think our government is corrupt now...
Posted by LSURussian
Member since Feb 2005
126962 posts
Posted on 2/10/16 at 10:42 am to
quote:

It would be a mess and would be a tool to screw over the other party. A democratic congress projecting a republican takeover could raise rates and then 2 years later shout "look the economy tanked! UE is up and credit is tight! No growth!"



DJ down 11 points.
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