Powell defies Trump

[Rambunctious]

The rest of the world is laughing at us.

We are shifting the tax burden from the rich to the middle class, and you idiots cheer.

You are not watching real news... The USA is getting back to glory....

 

[Crepitus]

I hope he didnt simply do it to smack down Trump. Rates shouldn't be dropping.

I hope not too, but you gotta remember who initially appointed him...

 

[Crepitus]

Too bad the Fed seems to hate America just as you do Asss-tro.
American consumers, who buy American, pay no price of tariffs, clueless.

YOu kids have no idea how anything works.

None of you do. Not a single ******* clue.

You just go to Fox and burn that crap into your brain and it spews back out on command.

There are tons of things that aren't made here at all.

Nearly everything that is made here has some components from overseas.

Most of them lots of components from overseas.

Almost nothing with a microship or a lithium battery was made in the us, for instance.

That's your phone, you tv, your car, hell your ******* dishwasher.

The device you are reading this on? Almost certainly not made in America.

Fresh fruits and vegetables? Especially in the off season are not from America.

Damn near everything will be disrupted by these tariffs.

 

[CrusaderFrank]

To begin, it's a criminal waste of money to spend $2.1B to renovate a 275,000sf office building in DC. It the Fed Governors had to pay it out of their own pockets, they would have gone in a totally different direction

 

[Rambunctious]

To begin, it's a criminal waste of money to spend $2.1B to renovate a 275,000sf office building in DC. It the Fed Governors had to pay it out of their own pockets, they would have gone in a totally different direction

Money laundering by the Federal Reserve... just like on a smaller scale in California with High speed rail... and soon offshore wind farms....

 

[Jroc]

You are not watching real news... The USA is getting back to glory....

Chinese feed Joey talking points

 

[CrusaderFrank]

Money laundering by the Federal Reserve... just like on a smaller scale in California with High speed rail... and soon offshore wind farms....

End the Fed

 

[JoeB131]

The unemployment rate hasn't changed fool

China's economy on cusp of a deflationary death spiral - Asia Times China's economy on cusp of a deflationary death spiral - Asia Times

Yeah, you guys have been predicting imminent doom for China for decades now, and it still hasn't happened, because China wouldn't put a Reality TV Clown in charge.

The employment rate is a lagging indicator.

 

[JoeB131]

You are not watching real news... The USA is getting back to glory....

Okay, if that's what they tell you on Faux News.

Out here in the real world, no one is really hiring and there are layoffs.

 

[rightwinger]

Powell is just another Democrat willing to harm America if it means he can give Trump a smack.

Trump is a genius in Economics…went to Wharton

Trump reviewed his economic theories and appointed him

 

[Jroc]

Okay, if that's what they tell you on Faux News.

Out here in the real world, no one is really hiring and there are layoffs.

The unemployment rate stayed the same China boy your brain is a lagging indicator

 

[Jroc]

Trump is a genius in Economics…went to Wharton

Trump reviewed his economic theories and appointed him

The deep stater will be gone soon

 

[rightwinger]

The deep stater will be gone soon

Why did Trump appoint a Deep Stater?
Doesn’t he check?

 

[JoeB131]

The unemployment rate stayed the same China boy your brain is a lagging indicator

Meaningless.... companies are laying off, it just takes a while for the EU to register that.

Now, we are in an odd position that 300,000 Boomers are retiring every month, which makes the weak job growth look less bad than it is. Normally, we wouldn't even be sustaining at 150K new jobs a year because that wouldn't cover new people entering the job market.

The real number to look at is the labor participation rate, and that's been going down for years.

 

[Jroc]

Why did Trump appoint a Deep Stater?
Doesn’t he check?

Advice from other deep staters... When you come in cold not being a politician not knowing these people these things happen it's like he appointed John Bolton that f****** another clown now he knows better

 

[TimFitz]

https://finance.yahoo.com/news/fed-hold-rates-steady-despite-100539821.html?fr=sycsrp_catchall

The Federal Reserve, in a direct slap to Trump's face, decides to hold interest rates steady. They are well aware that Trump's beloved tariffs will lead to inflationary price increases, that we are already seeing. Besides, they know full well that Trump does not have a clue who actually pays the price of tariffs; it's the American consumer, not the country exporting the goods we buy. So he taxes us out of sheer financial ignorance.

Any bets as to when Trump tries to fire Powell; I bet it's within a day or two.

Bigly!!!

Powell has no obligation to obey Trump.

 

[pknopp]

Advice from other deep staters... When you come in cold not being a politician not knowing these people these things happen it's like he appointed John Bolton that f****** another clown now he knows better

Many people warned Trump about Bolton. Trump doesn't take advice.

 

[TimFitz]

2.7% inflation is not that much the FED lowered it when it was higher than that under Biden

That’s because the government and the Chief Executive were stable.

Which is not the case now.

Reckless tariff threats and abrupt retreats, threats against companies, wildly inconsistent economic policy have all created a cloud of uncertainty across the industrial and financial world.

indeed, the expectation of tarriff induced inflation and disruptions to the flow of goods and services occasioned by Trump’s anarchic economic policies are expected to drive an oncoming recession.

 

[Jroc]

Many people warned Trump about Bolton. Trump doesn't take advice.

Bolton got fired

 

[TimFitz]

Advice from other deep staters... When you come in cold not being a politician not knowing these people these things happen it's like he appointed John Bolton that f****** another clown now he knows better

True, experienced, smart people are not encouraged to apply.

Yes, now he confines himself to stooges, bag men and yes men. Crackpots are welcome as long as they don’t try and share the lowbrow right wing stage with the king.