Another controversy awaits.

What people outside of Trump and MAGAs were telling us how great his economy was in his first term?

What people outside of Trump and MAGAs are telling us how great his economy is now? The first quarter GDP growth contracted to 0.5% and inflation is rising.
Cut your crying about rising inflation under Trump. Biden-Harris gave US overall inflation of 21% over four years. That is one of the worst economic performances of all time.
 
That is the definition of inflation
Which is what I've been telling you.

Tariffs cause inflation.


When prices increase due to taxation , supply and demand or some other a merchant situation the SUPPLY OF MONEY DOES NOT INCREASE.
Tariffs are taxation. Trump is increasing import tariffs. Therefore, increasing taxation.
 

Trump ‘likely’ will fire Fed Chair Powell ‘soon,’ White House official says​

President Donald Trump told a room full of Republican lawmakers that he will fire Federal Reserve Chair Jerome Powell, after receiving approval from them to make the move, a senior White House official told CNBC.

Amid repeated denials from administration officials and high-ranking Republicans, the exchange came Tuesday evening in the Oval Office, following Republicans blocking a vote on cryptocurrency legislation that Trump has favored.

“The President asked lawmakers how they felt about firing the Fed Chair. They expressed approval for firing him. The President indicated he likely will soon,” said the official, who spoke on the condition of anonymity to speak candidly on the issue.


Powell has moved to try to defuse one of the pretenses trump may use.

Powell asks inspector general to review $2.5 billion renovation after Trump blasts Fed project​


Everyone knows this isn't about renovations. It's about the Fed holding rates steady before the evidence of whether tariffs are causing inflation is in. Don wants cuts now to boost the economy for political reasons as his government falters and fails in so many other areas.

So, just an honest question-------->how is your 3 to 5 threads a day working out for you-) Can you have some Burger King tonight-)
 
So, just an honest question-------->how is your 3 to 5 threads a day working out for you-) Can you have some Burger King tonight-)
You aren't the first person to ask. If you want to know how many minds among MAGAist's I think I've changed I'd say zero. But then you folks are impervious to facts. You've walled yourselves off to the truth. I write threads here for the same reason I suspect we all do. To be heard by an albeit small group of political junkies. I have no control and no expectations over the info I impart. After all, many of you still think trump won the 2020 election without a shred of evidence proving it. Making it clear you don't base your beliefs on anything resembling facts. You live in an info alternate reality.
 
I see you're not interested in an adult competition.

Hey, my dad's penis is bigger than your dad's penis. Feel comfortable now?
I see that your dad has a gay , excuse me , gender fluid son.

NOW

walk me through the process whereby TARIFFS cause INFLATION...
 
A rate cut would save America hundreds of billions.
A rate cut would increase inflation and cost Americans even higher grocery prices.


The more serious question should be "why did he decrease rates weeks before an election when inflation was sky high"?
Inflation was not sky high. When the Fed cut the federal funds rate in September, inflation was coming down and was lower than it is right now.

It was 2.4 percent then, and is 2.7 percent now.

Stop making shit up.






That alone probably should have disqualified him from this position.
Your lies should disqualify you from speaking on this subject, but it doesn't.

Huh!
 
A rate cut would increase inflation and cost Americans even higher grocery prices.



Inflation was not sky high. When the Fed cut the federal funds rate in September, inflation was coming down and was lower than it is right now.

It was 2.4 percent then, and is 2.7 percent now.

Stop making shit up.







Your lies should disqualify you from speaking on this subject, but it doesn't.

Huh!
You can call me all kinds of slanderous terms, I can accept them. A liar I am not however.

I would chop down the cherry tree and hand you the axe I used to cut it down.

I may be wrong at times or not clear in my expressions but I shall not tell a lie!
 
You know it's against the law, right?
The Fed chair can be removed "for cause by the President," according to the law. This refers to "inefficiency, neglect of duty, or malfeasance in office," according to a Supreme Court decision about the Federal Trade Commission.
 
Cut your crying about rising inflation under Trump. Biden-Harris gave US overall inflation of 21% over four years. That is one of the worst economic performances of all time.
If Trump had not completely bungled the pandemic due to his colossal incompetence, there would have been no inflation.

As he did **** it up, trillions of stimulus under Trump and Biden were printed. Pile on a complete paralysis of our supply chain, and inflation is inevitable.

Too much money chasing too few goods.

Economics 101.
 
Let me start with this question. Do you acknowledge that post-COVID inflation was a global phenomenon?
Wuhan created inflation globally, but post wuhan was all creepy's fault.
 
The Fed chair can be removed "for cause by the President," according to the law. This refers to "inefficiency, neglect of duty, or malfeasance in office," according to a Supreme Court decision about the Federal Trade Commission.
Your link does not say that. You copied that from Politico.

A Fed chair cannot be removed over a policy disagreement.

Trump wants to fire Powell for not lowering interest rates.

That's a policy disagreement.

Trump is attempting to interfere in the Fed's independence. Plain and simple.

Now he is attempting to find any bullshit excuse to get rid of Powell, such as the Fed's renovations.

The Fed's renovations are paid for by the Fed, not taxpayers.

Trump is flailing and in danger of setting an extremely stupid precedent I explained earlier in this topic.

MAGAs never think through the idiotic benchmarks they keep setting.
 
You can call me all kinds of slanderous terms, I can accept them. A liar I am not however.

I would chop down the cherry tree and hand you the axe I used to cut it down.

I may be wrong at times or not clear in my expressions but I shall not tell a lie!
Okay, you were wrong. You parroted what your propagandists told you. Stop doing that.
 
If Trump had not completely bungled the pandemic due to his colossal incompetence, there would have been no inflation.

As he did **** it up, trillions of stimulus under Trump and Biden were printed. Pile on a complete paralysis of our supply chain, and inflation is inevitable.

Too much money chasing too few goods.

Economics 101.
That is total bullshit trying to blame Trump for Biden-Harris inflation fuckup. Trump immediately called for opening up the economy when the pandemic hit while Pelosi and the Democrats were calling for the economy to stay closed indefinitely.

Economics 101 - what do you think the impact would have been had we listened to Pelosi and The Democrats and kept the economy closed indefinitely??
 
15th post
That is total bullshit trying to blame Trump for Biden-Harris inflation fuckup. Trump immediately called for opening up the economy when the pandemic hit while Pelosi and the Democrats were calling for the economy to stay closed indefinitely.

Economics 101 - what do you think the impact would have been had we listened to Pelosi and The Democrats and kept the economy closed indefinitely??
I'm sorry your partisan hackery prevents the truth from penetrating your reality distortion field.

Inflation doesn't happen overnight like a flip of a switch.

And if you can't see how a frozen supply chain of goods and two presidents printing trillions of dollars of stimulus caused inflation, then you really are an idiot.

Trump says he wants a bigger stimulus package than the $2.2 trillion amount that Democrats are seeking


And you know that lowering interest rates can inflame inflation, right? Also Economics 101.

Well, Trump is trying to get the Fed to lower them right now as inflation is rising.

He demanded the exact same thing in 2018:


In a stinging and historically rare criticism, President Donald Trump expressed frustration with the Federal Reserve and said the central bank could disrupt the economic recovery.

Presidents rarely intercede when it comes to the Fed, which sets the benchmark interest rate that flows through to many types of consumer debt.
 
I'm sorry your partisan hackery prevents the truth from penetrating your reality distortion field.

Inflation doesn't happen overnight like a flip of a switch.

And if you can't see how a frozen supply chain of goods and two presidents printing trillions of dollars of stimulus caused inflation, then you really are an idiot.

Trump says he wants a bigger stimulus package than the $2.2 trillion amount that Democrats are seeking


And you know that lowering interest rates can inflame inflation, right? Also Economics 101.

Well, Trump is trying to get the Fed to lower them right now as inflation is rising.

He demanded the exact same thing in 2018:


In a stinging and historically rare criticism, President Donald Trump expressed frustration with the Federal Reserve and said the central bank could disrupt the economic recovery.

Presidents rarely intercede when it comes to the Fed, which sets the benchmark interest rate that flows through to many types of consumer debt.
You think Trump is the first President to bully Fed chair on interest rates? Talk about partisan hackery. As for interest rates and another lesson for you in Economics, avoiding lower interest rates as an absolute to avoid inflation is a misnomer. Like so many axioms in Economics, the correct answer is an optimum balance between interest rates and growth.

Maybe Trump should take a page from Dixiecrat Lyndon Johnson and physically assault the Fed chair to get interest rates lower.
 
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You think Trump is the first President to bully Fed chair on interest rates? Talk about partisan hackery. As for interest rates and another lesson for you in Economics, avoiding lower interest rates as an absolute to avoid inflation is a misnomer. Like so many axioms in Economics, the correct answer is an optimum balance between interest rates and growth.

Maybe Trump should take a page from Dixiecrat Lyndon Johnson and physically assault the Fed chair to get interest rates lower.
Trump is increasing inflation already with his tariffs.

Lower interest rates will exacerbate his bad policies.
 
Trump is increasing inflation already with his tariffs.

Lower interest rates will exacerbate his bad policies.
I’m not sure how you give Biden-Harris a pass in their 20 percent inflation throughout their administration.
 
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