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Cavuto And Pals Predict Economic Disaster For Dems Keeping Interest Rates Low

It's the administration's fault that these rates won't go up, because they are pretending that the economy is just fine. More Fox fearmongering.
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On Thursday, the Fed announced that interest rates would remain at their current low level. Cavuto spoke with a few of his buddies that day, and concluded it's simply this Administration and its own Janet Yellen who are manipulating markets to 'avoid reality.' In order to cement this assertion, he had on a few of his partners in crime to cry doom and gloom for the Democrats, because if the economy goes south when election time comes, the GOP will win the White House.

Cavuto explains that this is not just bad for 'savers,' but for the incumbent party holding the White House. Kayleigh McEnany said that the reserve looks like it's caving to political pressure, meeting with more Democrats and also with the Executive Branch than Republicans, which Cavuto reminds her is par for the course. Ben Stein offers his two cents, by explaining that market turmoil never ends. Charlie Gasparino claims that Yellen is an ideologue.

Neil asks Gary Kaltbaum if this is some sort of negative foreboding for Hillary Clinton, because the Democrats fear a recession,

'that this long in the tooth recovery, stops.'

Kaltbaum talks about transportation and semi-conductors futures being down, so that's definitely an indicator that this market is about to crash. He cements Cavuto's hypothesis that Yellen didn't lower the Fed interest rate because she works at 'the behest of this administration.'

This isn't the first time Fox News has claimed that the sky is falling, and it's going to be worse than 2008. Charles Payne, in March said that 'mommy' Janet Yellen will only raise interest rates when she's good and ready. The talking heads on this show are all insinuating what Carly Fiorina said on the Thursday Show: that this (welfare President) [sic] Administration is only interested in 'easy money.' Cavuto says that this administration obsesses over keeping the market happy.

Finally, the lone voice of sanity is heard at the tail end of the interview. Adam Lashinsky predicts that no matter what, voters are far better off, even in 2016 than they were when Bush 43 left office. He doesn't see the economy being the biggest issue when next November arrives. Cavuto keeps insisting that the markets are as fragile as they were in 2007 and something terrible is coming. Gasparino ends the segment with a pitiful Donald Trump impression.


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