The problem is not the Federal Reserve.
Interest rates should be far higher, Rush, not at these levels.
Savers, insurance companies, pension funds, even Social Security (FICA taxes are ‘invested’ in treasuries) depend on that cash flow to operate.
The problem is manyfold, but rests on the massive public debt, which is going parabolic, corporate and personal debt. Choking debt.
The illegal invastion has not only failed to stop, but is getting progressively worse. They are costing us untold billions/month that we should not have to spend.
Illegals and H1B’s are depressing wages and taking jobs from Americans.
Rush, look to Congress and the White House for the problem, not the Fed. Rates should be higher, not lower.
Educate yourself.
Lemme help you Russ - the accumulation and the disposition of credit is behind all the business cycles since at least WWII.
And you might consider that economic expansions and contractions are a normal part of a modern economy.
To want or expect everything to be forever rainbows and unicorns is foolish and unrealistic.
” And the whole problem here is the Federal Reserve. The Federal Reserve is anti-Trump, is making a mess of the interest rate circumstance”
That’s just stupid. The Fed’s Discount Rate is still near an historic low. It’s at the low end of what it considers its sweet spot of 2.5%-5%. The inverted yield curve is due to heavy buying of T Bills.
So many people in that town want rid of Trump that they’re going to stop at nothing. "
Completely agree with all of that.
- They failed to get Hillary elected,
- they failed to prevent Trump from being sworn in,
- and their coup attempt has failed.
- They have failed (so far) to get his tax information (which they think is so bad it will sink him),
- they failed to entangle him in a sex scandal,
- they have failed to get his poll numbers down despite 24x7 RUSSIA RUSSIA RUSSIA,
- Trump is Putin's puppet,
- Trump is a Nazi,
- Trump is a white supremacist,
- Trump hates "people of color"
The media is against him, print and tv.
Hollywood is against him.
The universities are against him.
Most of congress is against him.
Most of the judiciary is against him.
Most in the bureaucracy of the executive branch is against him.
There is no other President in history that has weathered that kind of personal attacks and political hits and still had widespread support.
They hate him. They hate that he took down not just a Clinton, but a Bush as well. 2 "political dynasties." A total outsider to DC politics.
They hate that they can't control him. They hate that he punches back. They hate that he takes his message straight to the people via twitter and large rallies.
They will literally stop at nothing to prevent him from a 2nd term. If they have to crash the economy, they will do it in a nano-second.
I don’t see how anyone can blame the Fed for the economy. Trump’s attacks in the Fed are killing savers — even after some Fed tightening, interest rates are still so tiny that savers have very little incentive to keep saving. Trump’s trade war (if you don’t believe me, believe the stock market), stalled deregulation and tax reform at the federal level, and the ruinous policies of Democrats at the state level are better candidates for blame.
I remember when a Democrat was in office they would all say IT IS A GREAT BUYING OPPORTUNITY......................put since Trump is a republican......the sky is falling memo must have been sent out to the media talking heads
Exactly what happened in 1992.
And people fell for it.
Buy American. Make it profitable to manufacture stuff here again.
remembering how SorozNazi has tried (sometimes with significant degrees of successfully) to destroy the economies or currencies or stock markets of several nations... (Maylaysia, Russia, UK, and France...and/????I have no idea how many more)
don’t put it past him to try it one more time here in USA now
he wants to seize the White House for sure in 2020
and his best chance may be to destroy the USA economy in 2019
The Uniparty has a three part strategy to get rid of us (by removing Trump.)
1. Provoke economic trouble. That’s the above, but aided by the Euuuuuuu and China; no matter what, every day’s financial headline is doom. The recession is coming or it’s here or the trade war will kill us or even record highs are just for the rich and low unemployment among minorities is white superiority.
2. Somehow get a wedge issue between us and Trump. They would kill ... they *have* killed ... to try and insert immigration, or trade, or their fake morality, or guns, as a lever. Soros thanks all the people here who’ve so readily declared their readiness to stay home, and that includes the doomsayers above.
3. They will at some point introduce a challenger. It may be a “true conservative” in R drag, or an independent, but I’d guess a RINO who loses the primaries and then goes I.
In short, it’s the 1992 and 2008 playbook — trash the economy, read my lips, Perot redux. (Not slighting Perot himself, but that was the role he played unintentionally in making sure the Clinton plague infested America.)