As I commence writing this article, we are awaiting the Fed’s announcement on interest rates. I am among the many who anticipate a .25% increase. That is not only unnecessary but injurious to the economy. The Fed seems committed to raising rates until (and hopefully not beyond) the point that it puts the economy into a recession. But that’s only a small part of what I want to cover today; the looming debt ceiling crisis is my main thrust.
It’s Friday morning as I write this article. Normally I write the Sunday article on Saturday awaiting the Friday news dump. This week I decided to comment on several items instead of concentrating on just one. Late last night I decided I already had more material then I needed. In disgust I said to myself, “Enough already!” Let’s explore. Continue reading Enough Already!