Comments on: Are US policy-makers panicking? http://barrdear.com/john/2008/02/04/are-us-policy-makers-panicking/ Thoughts about economics, politics and life in general Sun, 14 Mar 2010 01:54:29 -0500 http://wordpress.org/?v=2.9.2 hourly 1 By: CD Rates Blog http://barrdear.com/john/2008/02/04/are-us-policy-makers-panicking/comment-page-1/#comment-105 CD Rates Blog Fri, 14 Mar 2008 01:10:33 +0000 http://barrdear.com/john/2008/02/04/are-us-policy-makers-panicking/#comment-105 The problem with the rate cuts is they are bailing out people that should be taking their lumps and punishing people who have worked hard to avoid lumps or have taken them in stride and not played the victim card. Many people in their later years live on fixed-income investments. Their income has been drastically decreased while their expenses drastically increased. The US must make movements back to putting a premium on saving and should reward not punish those that do. The problem with the rate cuts is they are bailing out people that should be taking their lumps and punishing people who have worked hard to avoid lumps or have taken them in stride and not played the victim card.

Many people in their later years live on fixed-income investments. Their income has been drastically decreased while their expenses drastically increased.

The US must make movements back to putting a premium on saving and should reward not punish those that do.

]]> By: Why is the US Fed dropping interest rates? at John Barrdear http://barrdear.com/john/2008/02/04/are-us-policy-makers-panicking/comment-page-1/#comment-104 Why is the US Fed dropping interest rates? at John Barrdear Fri, 15 Feb 2008 17:10:06 +0000 http://barrdear.com/john/2008/02/04/are-us-policy-makers-panicking/#comment-104 [...] on from my previous wondering about how panic-driven and effective current US (monetary) policy is, I notice these two posts from [...] [...] on from my previous wondering about how panic-driven and effective current US (monetary) policy is, I notice these two posts from [...]

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