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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Halls of Shrewd'm / US Policy
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Author: Dope1   😊 😞
Number: of 84351 
Subject: Re: A Note on Biden Economy
Date: 02/27/25 12:47 PM
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Actually, inflation was coming down under Biden and the Fed was considering rate cuts.

And then declined to lower rates last month.

forbes.com - Fed leaves interest rates unchanged but cuts are still expected

The Federal Reserve left interest rates unchanged on January 29, and an interest rate cut is unlikely when the Fed issues its next policy decision on March 19. Elevated levels of consumer inflation combined with a solid labor market imply that the Fed does not need to urgently cut interest rates.

As far as this:

Sorry. You broke it, you own it.

No.
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This community has written 84,309 posts about US Policy. The article-length ones it recommended most:
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