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Pat Toomey (US Sen. ret.)

@SenToomey ↗

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Last Checked Dec. 5, 2021

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Wed Jun 16 20:58:38 +0000 2021

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Pat Toomey (US Sen. ret.) @SenToomey

When you subordinate the price stability mandate to try and maximize employment, you run the risk of failing on both fronts because you need stable prices to achieve a strong economy. — PolitiTweet.org

Posted June 16, 2021

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Pat Toomey (US Sen. ret.) @SenToomey

It is clear the labor market, which cannot be micromanaged by the Fed, is being held back by policymakers. It is not the Fed’s job to attempt to offset flawed unemployment policy at the expense of its price stability mandate. — PolitiTweet.org

Posted June 16, 2021

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Pat Toomey (US Sen. ret.) @SenToomey

I am concerned that if inflation is not transitory, the Fed will be behind the curve and likely unable to respond in time to head off an even bigger problem down the road. — PolitiTweet.org

Posted June 16, 2021