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B Callahan
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Comments by "B Callahan" (@bcallahan3806) on "Kudlow: This is exactly what Biden shouldn't do" video.
This administration and democrats causes crisis after crises. Blames every one else. Then expects other people to clean up the mess. Having the Fed raise rates is a last resort. Especially if you have the means at your fingertips to fix it. Stop reckless spending, fix the supply chain issues, promote domestic production. Raising rates as we know, stagnates growth. It will only further stifle the economy. It's a stranglehold on all but the largest, wealthiest. And in long term adds to cost. Because someone has to pay that increase in interest. We saw this in the 70's. It's part of their plan. Raising rates will definitely reduce demand because it will put ownership out of reach for millions. Or further in debt on must haves. It will not stop the government from spending like a drunken sailor. Puting the entire nation further in debt. Biden's disinformation about cutting the deficit is a joke. He may have cut spending compared to the record amounts he and democrats spent. But they are still spending money they don't have. The overall debt is still rising. We'll just be paying more interest on it. With less ability to pay it off. These people have to go.
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