Officials are trying to understand why consumer spending, the job market and overall growth have not responded to the most aggressive interest rates in decades.
Officials are trying to understand why consumer spending, the job market and overall growth have not responded to the most aggressive interest rates in decades.
It’s also vastly easier for the Fed to adjust interest rates than for Congress to adjust taxes.
Hell, it took them weeks to elect a speaker, could you imagine a debate over taxes!
And the best they could come up with is Mike fucking Johnson.