Trump, Republicans bash Federal Reserve for slashing interest rates
Trump, Republicans bash Federal Reserve for slashing interest rates
Donald Trump and Republicans accused the Federal Reserve of election interference after the central bank slashed interest rates.
Trump and his allies are crying “election interference” over the Federal Reserve’s decision to slash interest rates
After months of complaining about the crippling burden of high interest rates and expensive borrowing, Republicans for some strange reason don’t seem too happy that the Federal Reserve has moved to do something about it.
On Wednesday, the Federal Reserve announced it is cutting interest rates by half a percentage point. It’s the first cut since 2020 and a long-awaited decrease to historically high interest rates.
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What kind of weirdo gets mad when they get what they say they want?
A narcissist who wants to take the credit for it
Never forget that the border deal that Trump ordered senate Republicans to veto was one of the most comprehensive policy proposals in decades
I once worked for an idiot who was a little high strung, and who responded to anything unexpected by getting angry. This exchange actually happened:
Other employee: "Hey boss, the bank called, they made a mistake, you actually have $100 more than you thought you had."
Boss: "WHAT THE HELL AM I SUPPOSED TO DO WITH THAT?"
Weirdo that wanted them to do it when he's president, so he can say he did it.
They were supposed to wait until after he's elected to do it so he can take credit for it.
Even as cynical as I am, it astonishes me that the Republicans have become entirely up-front about the fact that they don't really give a shit about the American people and are only interested in how policy decisions affect them personally.
It's not just the case that they'll institute harmful policies if they can blame the Democrats for them or oppose beneficial policies that they can't claim credit for themselves, but that they do it openly and obviously.
And their wholly emotion-driven supporters remain completely oblivious...
It's really hard to make sense of their actions if you aren't thinking of them as literal enemies of the republic.
Cloud passes in front of the sun, Trump calls 'election interference'
Trump drops his hamburger on the floor, calls 'election interference'
It's Thursday, Trump calls 'election interference'
He's trying to destroy the meaning of the term just before him and his MAGA flying monkeys commit massive actual election interference.
A violent mob invading the Capitol, committing murder in the process, specifically to interrupt the certification of the election?
Not election interference.
Remember when trump lashed out at FBI directory Comey when he produced a new piece of 'evidence' against Hilary in October of 2016, calling it 'election interference'?
... yeah me either.
and lets not forget trump harrassed the fed to drop them to zero before covid which is how we got the inflation at the end of his term.
If he thinks that any positive change in an election year is election interference, then that would explain 2020. Maybe it is not that he wanted the pandemic or that he was too incompetent to just let experts help us. He was too concerned with election interference! /s
Uh, weren't these dipshits pissing and moaning about the rates being high?
Which they would blame on Democrats. Any improvement under their opponents tenure has to be framed as a bad thing, lest voters notice something good happened with a Democrat in office.
Bitchboi who committed election interference calls everything election interference to try and deflect...
You know what this reminds me of? A fucking six year old.
Umm.
He also committed wire fraud to get lower interest rates on his loans by claiming false valuations.
Think he's awaiting sentencing for that.
Permanently Deleted
Everything that happens to his benefit was hard-earned and well-deserved.
Said every billionaire ever.
Republicans getting Mad when Good Things happen to the Working Class is PROOF that DEMOCRATS Hate the Working Class!
How are lower interest rates, which leads to more money in the system, which leads to more inflation, good for the working class?
Lower interest rates also affect personal loans. Lower rates makes a new car more affordable.
When half a percent is SLASHING!!!!!!!!
They usually only move the rate a quarter percent at a time, so technically this is a big drop
They had a number of 0.5% or greater increases in 2022, two drops going into the pandemic, etc.
That is quite a bit.
It's the opposite side of the coin of them taking credit for infrastructure improvements in their districts when they voted against that bill
They should've cut the rates six months ago :(
There's been a lot of discussion about an interest rate cut in September for the last 6 months.
Let's put more cash into the system that will fix inflation /s
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