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It's not about being condescending. It's about being at least a bit coherent when trying to get on the "let's bash Obama" bandwagon. I mean, if you are posting another "Obama is the devil" type of post, you should at least get the basics right, right?
The fed was set up to be as independent from the presidency as possible. The interest rates are set by the FOMC. The president nominates some, but not all, of the members of the FOMC, and their terms are set to overlap with multiple presidents to make sure that the fed works in an apartisan manner. So 11 out of 12 members of the board were not appointed by Obama, including the Chairman.
And the second point is that the Fed rate really won't impact the economy for at least another 6 months.
Point being, the fact that you don't what you are talking about and yet insist on making it a sort of political point about Obama is very telling about the possibility of having an actual debate with you.
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