Name:   Council Rock Doc - Subject:   If the economy is so great why no rate increase? Date:   9/18/2015 1:48:23 PM

I certainly am no economist, but MM, you and I have both consistently brought to the forefront and been criticized by the libs here, numbers that must cause some concern and consternation.  Numbers that the MSM will not mention.  Numbers that the BLS won't highlight.  For instance, since 2009, median houshold income has DECREASED 3.5% to 53657$.  That is 6 years into Obama's supposed recovery.  The number of individuals meeting poverty levels has INCREASED from 43.6 million to 46.7 million.  THe FED knows that the 5.1% UR is baloney.  They know that the real rate, if you include discouraged workers and part timers,  would be over double that.  We have had 0% interest rates for 7 years now (ZIRP).  The world has taken advantage of these rates with the result being exorbitant debt worldwide.  US debt alone is 45 Trillion, but the only part of that which is continuing to grow is government debt, which we are on the hook for.  This is not partisan rah rah here.  The economic environment for our children is grave and to hear the likes of Archie and GF spout the party line concerns me because this is not a Democratic/Republican food fight.  The entire voting public needs to understand and accept more than is tossed at them as truth regarding this economy.  The ship is not righting.  I think that the Feds will not raise interest rates until after the election and probably not until 2017.  That is how concerned they are about what a tiny uptick in banking loan rates will affect an extremely fragile economy.