Saw the contrast with the Fed and Obama, but missed the Fed’s connection with Bush.
President George H. W. Bush Blamed the Fed for his 1992 Reelection Loss And the Fed is Doing the Same Thing to President Trump Today
FTA:
...Bush eventually favored the idea of the Fed supporting the economy by reducing rates. However, the Feds actions were too late for him as he lost the election.
As National Review even noted, President George H. W. Bush handed the Clinton administration a very strong economy
During the last quarter of his predecessors [George H. W. Bush] presidency, real GDP growth was 4.33 percent; during the last quarter of Clintons presidency, it was down to 2.89 percent and plunging.
Bush later in life reminisced about why he lost the election to Bill Clinton in 1992 as reported in 1998 in the Wall Street Journal
Former President Bush said in a television interview that he blames Federal Reserve Chairman Alan Greenspan for his 1992 defeat.
I think that if the interest rates had been lowered more dramatically that I would have been re-elected president because the [economic] recovery that we were in would have been more visible, Mr. Bush told interviewer David Frost. I reappointed him, and he disappointed me.
The Fed Reserve is still hurting Republicans today. As we previously reported, the Feds actions to increase interest rates stalled the stock market and are costing US tax payers trillions in current and future debt payments.
The Fed provided former President Obama the most generous interest rate package ever. Rates under Obama remained at 0% most of his seven years in office. In late 2015, the Fed raised rates 0.25% but this was for only one year and the only time the rates were raised up to the 2016 election.
After President Trump won the election in 2016, the Fed started a steady program of raising interest rates. Rates were increased seven times by the Fed since the 2016 election to their current 2%.
https://www.americanthinker.com/articles/2018/12/another_turbulent_week_with_some_big_mysteries.html
http://freerepublic.com/focus/news/3710024/posts?
great thread - Clarice Feldman
The President should demand a comprehensive audit of the Fed, and a criminal investigation of their involvement in the "Toxic Assets" World banking crisis.....
(since they caused it)
That’s because the Federal Reserve is a private institution controlled by the Rothchild Family who contols 99% of all Central Banks in the world. Just another group to damage Trump-this time with the economy.