Originally Posted by dba74

When the Fed raises interest rates, that is a good sign for the economy in general; increased taxes on individuals will not occur unless you make more than $400,000 / yr, which the vast majority of Americans do not. Corporate interest rates might go up a little bit (if filibuster is reformed), but this is not a significant problem for the economy, especially considering how much the debt and deficit went up in large part due to the rates being lowered so dramatically, so abruptly.