SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 368.29+0.6%Nov 7 4:00 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: John Vosilla who wrote (127178)12/27/2016 2:46:12 AM
From: Elroy Jetson1 Recommendation

Recommended By
GPS Info

  Read Replies (3) of 217585
 
If Congress had approved an infrastructure restoration project in 2009 as requested, the Fed could have raised interest rates far earlier.

The Fed took the only actions available to them in the face of Congress's refusal to participate in the actions necessary to put the economy back into action more quickly.

You can't blame the Fed for refusing to tank the economy simply because many members of Congress wanted things to look bad at the expense of making life and business more miserable for most Americans. That's infantile.

Now it's far too late in the economic cycle to introduce infrastructure spending, which at this point would merely squeeze out other sectors of the economy -- creating either inflation or sharply higher interest rates and a return to a major economic recession.

Of course in that eventuality of a choice of either high inflation or high interest rates and recession, many like yourself will again blame the Fed rather than Congress for approving a late-cycle infrastructure spending bill.

But Trump and Congress will have an extremely tough time getting this type of infrastructure spend past Mitch McConnell in the Senate, so the Fed may not be faced with this problem. The members of Congress are mental.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News