From: Alan <nuh-uh@nope.com>
Newsgroups: alt.fan.rush-limbaugh,can.politics,alt.politics.trump,alt.politics.liberalism,alt.politics.democrats,alt.politics.usa.republican
Subject: Re: The Schumer Shutdown
Date: Sat, 4 Oct 2025 11:20:25 -0700
Organization: A noiseless patient Spider
On 2025-10-04 06:52, NoBody wrote:
>> The tariffs have also put the Federal Reserve in an exceedingly
>> difficult spot, as Chair Jerome Powell acknowledged in a news
>> conference last week. Powell said the duties have raised the risk
>> of both higher inflation and higher unemployment, two challenges
>> that rarely occur simultaneously. If unemployment rose, the Fed
>> would typically cut rates to boost the economy, while if inflation
>> worsened, the central bank would usually raise rates or leave them
>> elevated.
>>
> Don't forget the stock market is at record highs.
It didn't seem to matter to you when that was true under Biden...
...or Obama.