Libertarian fantasyland opinion. From the writer's organization via wikipedia:
"The American Principles Project (APP) is a 501(c)(3) think tank founded in 2009 by Robert George and Jeff Bell.[2] APP promotes a combination of libertarian and social conservative policies.[3] It is chaired by Sean Fieler.[3]
While opposed to abortion and same-sex marriage, APP largely focuses on promoting immigration reform, opposing the Common Core curriculum, and defending religious liberty.[4][5][6] They have also advocated for monetary reform by suggesting a return to the gold standard.[7][8]
Following the Republican Party's post-2012 election review, in which the GOP suggested de-emphasizing social issues, a conservative advocacy group affiliated with the American Principles Project published a report detailing the importance of social issues to the Republican Party. The report pointed out that Republicans ran almost exclusively on economic issues during the 2012 election to lackluster effect.[9] CNN has described the American Principles Project as "a unique Republican group that bridges the ideas of social conservatives and libertarians."[10]"
When I was in grad school there's two things we were taught. 1) There's no inside info in the market (this was pre-Enron) and 2) Alan Greenspan is God. If it was sunny out, its thanks to Greenspan raising rates. If it rains, it would have been worse had Greenspan not raised rates.
Well, time has shown Greenspan and his policies to be a fraud. From sitting around with his thumb up his @ ss during the loose credit era (where the problem was the standards for getting loans, not the rates) to endorsing the ridiculous Bush tax cuts that blew a hole in the deficit reduction that had been achieved, the guy was a joke.
I mention this because if you owned a small business, which my family did for a time, increasing rates kills you. It halts expansion and hurts job growth. Someone tucked away in a think tank away from the real world might not get this, but anybody dealing with reality knows it all too well.