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If your argument for cutting rates is that the economy is at full employment, the only counter argument needed is to explain what the words "full" and "employment" mean.

30.7.2025
Tim Scott: "Our employment? Almost at full employment, 4.1 percent. What else do we need to have this economy on fire? We need lower interest rates."
BTW, I actually think there's a reasonable argument for the Fed cutting rates. But this is literally the opposite of that argument.
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