...as opposed to GDubya who ran every business he managed into the ground! ;-)
rngmsl, I agree with your comments. The point I was trying to make was that a slow and steady ratcheting up of the interest rate is bound to impact some and that is irrespective of who posted the comment.
"Today’s announcement contrasted with central bank Deputy Governor Yi Gang saying March 23 that interest rates were at a “comfortable” level and that he was “not too worried” by inflation because price increases will slow in the second half of the year. The interest-rate move may signal the government’s confidence in the strength of an economy forecast by the World Bank to expand 9 percent this year."