ST Alpha - "They can't raise taxes now. Ultimately yes, but not now. They can also raise interest rates eventually, but now it makes sense. Pretty much the " (Reading a Post)

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In response to "Well no, they can unempty the tax cut chamber by just, you know, raising taxes--borrowing rates are relative. A change from 1.5 to .5 is not the same" by JackDawson

They can't raise taxes now. Ultimately yes, but not now. They can also raise interest rates eventually, but now it makes sense. Pretty much the

Posted by pmb (aka pmb) Mar 16 '20, 07:20

entire world monetary system is doing this. It's not just the US. The economy is basically going to flat line for the next 2+ months. Lots of companies are not going to survive that and the effects are going to be at least as bad as 2007/8 to recover from.

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I agree it makes 100% to lower rates, what I'm saying is that because the rates were already artificially low to begin with, that quiver is much less - JackDawson Mar 16, 07:23 2
- Yes, I agree. - pmb Mar 16, 07:25 1
  - Right, and this is really a carry over from the financial crisis/Bush pressure on the Fed - JackDawson Mar 16, 07:27

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They can't raise taxes now. Ultimately yes, but not now. They can also raise interest rates eventually, but now it makes sense. Pretty much the

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