Not a smidge.
When all the free money and free extended benefits dries up.....you may change your mind. It’s already created a shitty labor market. Every place of business (sans high paying white collar places) has a shortage of workers.
And when the fed goes into correction territory on rates and pulls back - you may change your mind even more. The fed has nowhere to go but up with the housing market and banks (rates are bottomed out). There is a house of cards at the moment primed to fail.......
Joe - whether anyone loves or hates him - has an economy that is being artificially propped up at the moment on printed (and borrowed) money. Never mind that extreme Inflation will follow behind all the quantitative easing that has taken place.
No one will answer the direct questions presented in re to the massive amount of damage being done right now by the way of runaway spending and borrowing. Normally you have the fed to rely on to manipulate rates and the bond market. You’d also normally have a bail out bill as a quick fix. Except we’ve passed one giant massive one already. At the moment, the fed is maxed out on actions it can take - stemming from Covid last year. It’s got every pedal down to the floor already. When this house of cards falls apart - there is not much action the fed can take to thwart it.
This is scary. People just don’t know it.i
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