In spite of everything you see peddled by Janet Yellen, news reporters and others, the economy is not growing. In fact, it's still shrinking.
Janet Yellen and her yes men are trying to manipulate public opinion. In short, she wants all to believe that she is in charge and could raise the Fed Funds Rate while at the same time suggesting a slow pace for raising rates.
By count, there are twice as many Americans who would be starving, perhaps to death, without food stamps welfare given to them by Congress, as the 1996 to 2007 peak credit average. As a percent of population, there are almost twice as many (1.9 times) as Americans who need their bellies filled by SNAP food stamp purchases today compared to the 1996 to 2007 peak credit average.
Food stamp neediness has hit a permanent plateau since April 2011. Until food stamp neediness by Americans falls to about 7.69% of total population, no one should talk about a settled economy, a strong economy, or any other foolery.
There hasn't been any recovery in what has been shaping up to be the longest depression in American history after the Greenspan-Bernanke Bubble, the biggest banking credit bubble in the history of mankind. How could Yellen and her buddies raise rates on a shrinking economy with a mass of needy Americans who would starve without welfare food put into their bellies?
We're still living in the Greatest Depression, Americans.
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