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I don't remember Obama demanding the fed raise rates. BTW, I hated that Obama bailed out everybody, so no I didn't like it when Obama did it. The difference here is Obama didn't cause the last recession. He wasn't even in office. I personally think we should have taken our lumps in 2008. This time it's Trump's policies that are turning this economy on its ear. And now he wants somebody, anybody to rescue his dumb ass.
??????
Obama wanted rates LOWERED. Trump wants rates LOWERED to increase liquidity. Trump does not want rates increased!
Well...................... Obama just passed the buck down the road and it will come to roost.
Corporate tax cuts (but not individual ones), incurring massive debt, negative inverse yield curve, now quantitative easing, lowering rates, and the tariff war which will be long and drawn out...hope the future not like the 2008 great recession!
So you are saying the economy now is as weak as it was under Obama. Well at least you admit it.
Folks have been saying that for two and a half years.
This economy is as strong, or as weak -- as what Obama left Trump with.
The economy isn't weak yet.
But there are signs -- bond yield curves, etc....that suggest we may be a slowing down.
I don't know if Trump is responsible but it is clear that his policies are not helping -- given that he has backed down on the next round of tariffs knowing that the economy may not be able to stand the pressure.
I'm not sure about the Feds lowering the rate again.
While the economy has been growing steady and we are in a 10 year recovery -- the debt of Americans is still growing. Not sure encouraging more debt is the way to get the economy stimulated.-
“The Fed Rate, over a fairly short period of time, should be reduced by at least 100 basis points, with perhaps some quantitative easing as well,” Trump wrote in a tweet. “If that happened, our Economy would be even better, and the World Economy would be greatly and quickly enhanced-good for everyone!”
"Perhaps with some quantitative easing" is not a quote from Trump!
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No, Trump wants rates lowered because he knows the economy is getting weak enough to threaten a recession.
