Yes, the economy is strong because of layoffs - effectively increasing the corporate bottom line. Unemployment is low because benefits have run out. Yet, wages remain stagnant or have even dipped because of the increased minimum.
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I thought the low rates were hurting savers? Now raising is hurting consumers. No matter what happens it seems like constant complaining.
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The stock market rolls as does its stocks - held by the rich and manipulated, so not an indicator. Unemployment is not a measure of employment, so not an indicator. Wages are stagnant - an indicator. So FR Chairman - you are full of caca.
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First the economy is not foing that well....Ivory towers breeds blindness...seconf a steak averages 10 bucks thats whst somebody makes in an hour...get it?
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Right. Raise rates on a stagnant wage economy. Makes sense.
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Everyone is focusing on Trump vs Mueller and Rosenstein. Yet the Fed are the guys who will likely be Trump’s downfall and he has appointed a goodly chunk of the voting members.
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Last year's tax cuts injected a stimulus into an economy that really didn't need it. Higher interest rates don't come as a huge surprise.
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Is Trump gonna complain now?
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