The Steak Fry has been a common stop for early White House aspirants in Iowa, where the presidential caucuses are scheduled to begin the 2016 Democratic nominating process.
Ryan says Fed move not good for economy
OLDSMAR —Republican vice presidential candidate Paul Ryan thinks the Federal Reserve is making a mistake in its new effort to prop up the economy.
Mr. Ryan of Wisconsin spoke to a rally along Tampa Bay’s shore Saturday. He said the Federal Reserve’s plan to spend $40 billion a month to buy mortgage bonds in an effort to keep interest rates low won’t work.
He said it will help banks and Wall Street but not people. He called the idea “sugar-high economics.” Mr. Ryan’s comments came during a speech that often criticized President Obama’s economic policies.
The Wisconsin congressman and top budget writer in the House said Obama inherited a bad situation and made it worse.
He stressed how important Florida, with its 29 electoral votes, is in electing GOP nominee Mitt Romney.
• From wire dispatches and staff reports