The conundrum they face is that they know better.

It puts the Federal Reserve in a bit of a conundrum.

It certainly is the perfect storm of aggravating or provoking congressional egos and the president getting his back up and saying the least diplomatic thing he could have said.

Bad things that were going to happen have not happened,

It's going to push some people who are at the margins of being able to afford it into the consumer category.

One of the assumptions is that it becomes increasingly difficult to get things done in an election year, especially things where tough decisions have to be made.