No Runny Eggs

The repository of one hard-boiled egg from the south suburbs of Milwaukee, Wisconsin (and the occassional guest-blogger). The ramblings within may or may not offend, shock and awe you, but they are what I (or my guest-bloggers) think.

America’s Economy Continues to be Held Hostage

by @ 16:58 on August 8, 2010. Filed under Economy, Economy Held Hostage, Politics - National.

From the Financial Times:

Fed set to downgrade outlook for US

This sounds awful pessimistic for it to be included in Recovery Summer!

Faced with weak economic data and rising fears of a double-dip recession, the Federal Open Market Committee is likely to ensure its policy is not constraining growth and to use its statement to signal greater concern about the economy. It is, however, unlikely to agree big new steps to boost growth.

Do you think there is any coincidence between the Fed’s view of a deteriorating view and Christina Romer’s exit this week?  Maybe Romer finally got tired of carrying the fouled bucket of water that is Obama’s economic policy.

2 Responses to “America’s Economy Continues to be Held Hostage”

[No Runny Eggs is proudly powered by WordPress.]