Trump and his allies are crying “election interference” over the Federal Reserve’s decision to slash interest rates
After months of complaining about the crippling burden of high interest rates and expensive borrowing, Republicans for some strange reason don’t seem too happy that the Federal Reserve has moved to do something about it.
On Wednesday, the Federal Reserve announced it is cutting interest rates by half a percentage point. It’s the first cut since 2020 and a long-awaited decrease to historically high interest rates.
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What kind of weirdo gets mad when they get what they say they want?
A narcissist who wants to take the credit for it
Never forget that the border deal that Trump ordered senate Republicans to veto was one of the most comprehensive policy proposals in decades
The repubs complain about the border, a border bill comes up. Republicans refuse to pass it.
Mitch McConnell tables a bill.
Dems support it
Mitch McConnel fillibusters own bill
Mitch McConnel fillibusters own bill
MAGAs would never work against their own country or be a shill for Putin, oh,,wait!
I once worked for an idiot who was a little high strung, and who responded to anything unexpected by getting angry. This exchange actually happened:
Other employee: “Hey boss, the bank called, they made a mistake, you actually have $100 more than you thought you had.”
Boss: “WHAT THE HELL AM I SUPPOSED TO DO WITH THAT?”
Weirdo that wanted them to do it when he’s president, so he can say he did it.
Even as cynical as I am, it astonishes me that the Republicans have become entirely up-front about the fact that they don’t really give a shit about the American people and are only interested in how policy decisions affect them personally.
It’s not just the case that they’ll institute harmful policies if they can blame the Democrats for them or oppose beneficial policies that they can’t claim credit for themselves, but that they do it openly and obviously.
And their wholly emotion-driven supporters remain completely oblivious…
It’s really hard to make sense of their actions if you aren’t thinking of them as literal enemies of the republic.
Cloud passes in front of the sun, Trump calls ‘election interference’
Trump drops his hamburger on the floor, calls ‘election interference’
It’s Thursday, Trump calls ‘election interference’
He’s trying to destroy the meaning of the term just before him and his MAGA flying monkeys commit massive actual election interference.
and lets not forget trump harrassed the fed to drop them to zero before covid which is how we got the inflation at the end of his term.
Everyone overlooks that. It’s the only knob we have and he abused it and we paid the price.
The whole world got hit by inflation
The whole word dropped their interest rates.
Interest rates didn’t disrupt supply chains and lead to price gouging though
price gouging was taking advantage of the intrinsic infaltion and supply chains were strained more by demand brought about by cheap money.
yeah do to the dollar. “when America sneezes, the world catches a cold.”
Remember when trump lashed out at FBI directory Comey when he produced a new piece of ‘evidence’ against Hilary in October of 2016, calling it ‘election interference’?
… yeah me either.
When half a percent is SLASHING!!!
They usually only move the rate a quarter percent at a time, so technically this is a big drop
They had a number of 0.5% or greater increases in 2022, two drops going into the pandemic, etc.
That is quite a bit.
removedboi who committed election interference calls everything election interference to try and deflect…
You know what this reminds me of? A fucking six year old.
If he thinks that any positive change in an election year is election interference, then that would explain 2020. Maybe it is not that he wanted the pandemic or that he was too incompetent to just let experts help us. He was too concerned with election interference! /s
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Everything that happens to his benefit was hard-earned and well-deserved.
Said every billionaire ever.
Republicans getting Mad when Good Things happen to the Working Class is PROOF that DEMOCRATS Hate the Working Class!
How are lower interest rates, which leads to more money in the system, which leads to more inflation, good for the working class?
Lower interest rates also affect personal loans. Lower rates makes a new car more affordable.
They should’ve cut the rates six months ago :(
It’s the opposite side of the coin of them taking credit for infrastructure improvements in their districts when they voted against that bill
There’s been a lot of discussion about an interest rate cut in September for the last 6 months.
Let’s put more cash into the system that will fix inflation /s
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