Previously the Fed had a reason to raise rates. There is no compelling reason to raise rates at the present time.
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Show me how resource utilization has any impact on inflation in the last 10 years.Joe Carson
Low growth in GDP and a decline in productivity -- hours worked rose more than GDP -- implies margin compression and a sequential decline in operating profits.
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We all talk about our dependence on imported oil, but our dependence on manufactured goods is two and a half times larger than oil. We're so dependent on imported goods -- from consumer and capital.
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