Name:   Talullahhound - Subject:   Fed rate hike guarantees a recession Date:   6/16/2022 12:28:35 PM

I agree with you. And I don't think the Fed would have acted now, if every former Fed Chief (except Yellen) and noted economists didn't embarass him into it.  The only reason Biden even pretends to care is because of the mid-terms.  I honestly have never seen an administraton that understood economics less than this one.  

And i love the way Biden is now telling the oil companies to "be patriots" and lower the price of gas.  He's floating this idea that they are making obscene profits and there is corporate greed.  Apparently he doesn't understand that they are beholden to their stock holders and not running a non-profit.