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US interest rates raised for first time in three years

121 points · 126 comments · higginsniggins

  1. qalmakka · · focus · HN ↗
    This is basically self inflicted, as usual messing up in the Middle East always ends up with consumer paying the price for their ruler's stupidity

    "Oh no, my drinking water tastes like crap after I pooped in the well"

    1. outside1234 · · focus · HN ↗
      We can’t afford healthcare because they revoked the subsidies but at least we now also can’t afford gasoline too!
      1. Amezarak · · focus · HN ↗
        They did not revoke "the subsidies." The ACA subsidies are still in place. What was allowed to expire was the temporarily increased COVID subsidy levels, which were sold as a temporary emergency expansion. If they had originally passed a genuine and permanent ACA expansion, rather than an expiring one, there's likely nothing that could have been done to "revoke" it by those currently in power.

        Maybe you mean this, but it's important to be clear about the distinctions we don't mislead people, and then someone tells them the whole truth, and then they wonder what else we were wrong about.

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