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Transcripts for CNN Your Money 20130407 19:07:00

interest rates. they re looking at it in the same way, saying we are propping it up, but we can t pull the plug yet because this situation, it s still life support for the economy. i will note on the jobs, the composition of the jobs numbers which was really important to the fed, and even in health care, in-home health care is a very low-paying waej job, and the composition is not the quality, and colder than usual spring weather really did hit retailers. we had record vehicle sales and it takes more confidence to buy a car than an outfit. there was a cool weather effect. we have the head winds of the sequester ahead of us. the car buying has to do with the fed. the people who want car loans, americans like to buy cars on borrowed money, and you could now get the loans you couldn t get a few years ago. conservatives, and i don t know where you stand on this, but there are some conservatives who say let s get the fed out of this. it s created false prices.

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