I'll be the judge and final word Mac WONYou are not fooling anyone by pretending that you have won, nor are you fooling anyone by pretending you have sensible positions that go against the extremes.Okay, thanks.1. You literally failed basic English right here by literally repeating what I said while claiming I didn't say it. That's two strikes and we aren't even on number 2 yet.1. You don't even understand how Treasury yields reflect the bond market's take on the economy. It has nothing to do with the federal government. Strike One.This is my profession.
So, show me how smart you are.
Tell me. And since talk radio doesn't cover this stuff, you'll need to come up with actual independent thoughts.
- Why have yields on the 10-year Treasury collapsed by 40% in just seven months?
- Why has the Fed signaled a willingness to DROP interest rates to deal with weakness?
- Why was Trump angry at the Fed when they didn't DROP rates?
Go.
.
Actually talk radio covers just about anything and everything,(which is no longer true for television news btw) but the most popular aspect of it is the political opinions and news aspect, but of course you are not smart enough to realize that, like the vast majority of Democrats these days who are stupid enough to listen to fucking John Oliver the clueless Brit for some kind of wisdom on American matters(or watch the BBC, which is basically the same thing).
Anyway, on to your inane questions:
1. There are a whole host of reasons that mostly don't even have anything to do with Trump or even the federal government as a whole. You want this to be some damning evidence against Trump's presidency or against the positive expectations people have had on the economy since he was elected, but it just isn't there.
2. Better question is why has the Fed repeatedly raised rates since Trump has been in office if the economy is so bad off?
The Fed lowered the interest rates until they were zero and they stay at zero for the majority of Obama's presidency.
3. Because they have been raising them repeatedly, moron. They sure as fuck couldn't be dropping them if they were at the standard ZERO that they were at during most of Obama's presidency, now could they?
2. And now they're looking at dropping them. You avoided that obvious fact. Strike Two.
3. They don't have to drop rates simply because they've been raising them. They'd like raise them more for a buffer against recession, but now they may have to go in the OPPOSITE DIRECTION. Strike Three.
This is pathetic. You guys are ignorant and arrogant about it. As I said yesterday, it's not funny.
.
2. I countered your fact with a much more poignant one and you failed to realize that because you are both too stupid to understand or answer it and because you are a political hack. Strike three.
3. If you continuously raise rates you are going to destroy even 1920's America. Just because you want the economy to grow fast enough to invalidate continuous rate hikes doesn't mean that it is feasible to do so. The fed raised the rate multiple times before Trump's first year in office was over, that is never going to be sustainable no matter how fast your economy is growing and it will eventually destroy consumer confidence enough that a recession becomes a possibility no matter how great of shape the economy actually is in.
There, I have once again answered your idiotic questions better than most of your peers would. Go back to pretending that the "Obama money" illiterates who make up the vast vast bulk of your base and the vast vast majority of the consumers for left wing media know jack shit about ANY subject, much less economics.
.
You are a typical Democrat through and through. A deranged psychopath shouting at the most humble and passive people to be more lenient when they merely voice their concerns while providing cover for the most ignorant, violent and overall lowest common denominator filth.