[VJW]

So much for the ‘One More and Done’ crowd. From the Fed’s press release:

“The Committee judges that some further policy firming may yet be needed to address inflation risks”

Ah, like the rampant price increases across the national economy like gasoline, home heating oil, natural gas, health care, housing, precious metals, insurance, food, education, industrial metals, and transportation ? The only place inflation has been non-existent has been in wages.

Now the Republican controlled Congress is pushing more tax cuts for the Rich & Corporate legislation that will add another $100 BILLION to the federal debt, with those with incomes under $50,000 receiving tax relief of between $2 and $46, while those with incomes over $1 million receiving tax relief of more than $42,000. Never mind throwing money at the wealthy has never before in history benefited the American economy.

Oh, and Whirlpool has announced it will be closing three American appliance manufacturing plants and eliminating 4,500 jobs.

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