Author Topic: Warren: Republicans Want the Fed to ‘Raise Interest Rates and Put Millions of People out of Work’  (Read 277 times)

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Warren: Republicans Want the Fed to ‘Raise Interest Rates and Put Millions of People out of Work’

Ian Hanchett 17 Oct 2022

On Monday’s broadcast of CNN’s “The Lead,” Sen. Elizabeth Warren (D-MA) claimed that Republicans are the ones who want the Federal Reserve to engage in interest rate hikes that will “put millions of people out of work.”

Warren said, “I just want to say here, it’s the Republicans who are trying to keep 43 million Americans from getting their student loan debt canceled. It is Republicans who want to repeal the laws that we just got in place to cut the cost of insulin and to let Medicare negotiate drug prices. It’s the Republicans who want to see us raise interest rates and put millions of people out of work. So, I am very worried about buzzkill. I am worried about what it is the Republicans want to do to an America that really — what we’re trying to do as Democrats is just build opportunity, just let families get out there and do what they do best, let individuals get out there and do what they do best and let them make their own decisions, including letting women make their own decisions about abortion and about their health care. To me, that’s the heart of what it means to be an American and to be optimistic about the future we’re building.”

https://www.breitbart.com/clips/2022/10/17/warren-republicans-want-the-fed-to-raise-interest-rates-and-put-millions-of-people-out-of-work/
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Online Hoodat

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Elizabeth Warren has done the most to destroy the US economy since Ted Kennedy.

She also doesn't understand what the Fed actually does or what sets interest rates.  I doubt she could give change out at a convenience store without looking at the register.
« Last Edit: October 17, 2022, 11:03:33 pm by Hoodat »
If a political party does not have its foundation in the determination to advance a cause that is right and that is moral, then it is not a political party; it is merely a conspiracy to seize power.

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Offline GtHawk

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Elizabeth Warren has done the most to destroy the US economy since Ted Kennedy.

She also doesn't understand what the Fed actually does or what sets interest rates.  I doubt she could give change out at a convenience store without looking at the register.
Well to be fair that wampum to dollar conversion is a difficult one, especially for

Online Hoodat

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I have friends who have lost their nine-digit business that they built from the ground up because of finance regulations she pushed through Congress.  There is a special place in hell reserved just for her.
If a political party does not have its foundation in the determination to advance a cause that is right and that is moral, then it is not a political party; it is merely a conspiracy to seize power.

-Dwight Eisenhower-


"The [U.S.] Constitution is a limitation on the government, not on private individuals ... it does not prescribe the conduct of private individuals, only the conduct of the government ... it is not a charter for government power, but a charter of the citizen's protection against the government."

-Ayn Rand-