Biden's Economic policies are a plus

[basballguy]

(08-08-2023, 04:40 PM)treee Wrote: Right. My main point is if a single 0.25 hike will 'send it over the edge'. They take a while to set it in and very well might cause a recession. But these incremental hikes right now won't be the difference between a soft landing and not. 

Oh, I agree (mostly) and misunderstood the point you were trying to make. 

I can see snowball scenarios....for instance, we are expecting the .25 hike by the end of the year...it's entirely possible they decide to raise by .50 instead of .25.  That extra .25 won't tank the economy but it could start the snowball rolling down the hill.  

I don't think there's anything anyone can do at this point to steer the economy one way or the other.  Like you're implying, the factors have already set in and we'll know soon.