to fix this. what do you do? i don t know how to fix it. if i could wave a magic wand, i certainly would. we know that employment is up, prices at the pumper plummeting, all except in my backyard in chicago where we have refining problems. we also know the housing market is picking up. that s what happens to the overwhelming majority of households. this is really hard. i won t discount that, but we are moving into this storm with some tailwinds that will leave us battered, but not beaten as we get through it. mark zandy, we ve been expecting the federal reserve to very close to raising the interest rates, which would signal that we could get back to a normal monetary policy. is that on hold now? is it wise to raise interest rates when we ve seen this kind of turmoil? before i answer that