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So have you thought about what an interest rate hike would mean to business?  What would a rate hike mean to investment possibilities in the USA?  Why are we dependent on interest rates and not tax rates?  These are things that you never hear about if you didn't study it.  But I know, you guys really understand stuff based on Reaganomics and what they tell you on the Rush Limbaugh Fox News Entertainment news-cycle...  

 

Unfortunately, what you have been exposed to and indoctrinated into is not really 100 level college economic studies.  I know!  I know!!  College is aweful!!!  But, guess what?  All your republican heroes all studied it, and that's why they tell you one thing, and then do the exact opposite.

 

Did you know that Ted Cruz is a harvard graduate?  Did you know that he studied and believes in the basic economic principles that he campaigns against?  

 

They pray on your ignorance to get your votes.  Then they execute economic theory that you think is bunk.  You're being played as a fool.  The fact that you are on the outside of your own party and your own political ideology should provide you the opportunity to actually think about your beliefs in an existential way.

 

Just my 2 pennies...

 

Listen kiddo.  The interest rate being as low as it is does nothing but artificially pump up business as well as consumer spending.  If The Fed raises interest rates .25% (1/4%) and it destroys a business, then that business deserves to fail.  If it makes it harder for someone to get a loan, then that person probably really has no business taking out the loan in the first place.

 

Look at it this way.  After the dot-com bubble burst and the attacks on 9/11, what did The Fed do to strengthen the economy?  They dropped interest rates dramatically to encourage spending.  Our society as a whole has become addicted to spending while far too many people don't actually save or invest.  Just ask people if they contribute to their 401k (if their company or job offers one).  The number of people that don't contribute at all may surprise you.  The ones that do contribute, ask them how much and I'll bet that the number that say less than 10% of their income is very high.  Ask people that don't have a 401k as part of their job benefits if they have an IRA or other savings.  The number that don't will shock you.

 

Taxes are an entirely different issue that I won't get into.

 

I realize that you get your information from your college indoctrination education as well as Rachel Maddow and the rest of NBC news.  However, the bottom line is that an individual, business or a country spending artificial wealth (loans) is an unsustainable train wreck waiting to happen.

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