“If the Fed had spent less time on DEI, gender ideology, ‘green’ energy, and fake climate change, Inflation would never have been a problem,” the president said on Truth Social. “Instead, we suffered from the worst Inflation in the History of our Country!”
That blows! The real estate market is way down. Mortgage lenders and brokers are quitting because they can’t make any money.. no one can afford to buy and no one wants to sell and lose their 4% and lower fixed rates!!
Scream this from the rooftops! Republicans blaming spending need to take responsibility for the spending they did to give billionaires even MORE money.
Sadly, it’s already been done. Trump’s tax cuts were inflationary and forced Powell to raise rates in…December 2018. Trump blew up. They then turned around and had to cut rates because the economy was starting to slow down.
This! Half of our inflation problem was from his gd tax plan and stalling raising interest rates. People in this country have no idea that it’s not actually normal to have rates at 3/4s. The rates we have now are normal, things just got astronomically more with makes the rates painful.
It’s all been done before, it was done in the run up to the election, it’s been done now. GOP voters either don’t listen or don’t care. I’m going to keep pointing it out though, we need to keep pointing out that this will hurt everyone.
It’s so dumb because rate cuts are only done when the economy is overheating. It’s a GOOD thing they don’t need to be cut. Corporations have some how convinced everyone it’s terrible, when it’s only terrible for them! They can’t borrow for nothing
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“If the Fed had spent less time on DEI, gender ideology, ‘green’ energy, and fake climate change, Inflation would never have been a problem,” the president said on Truth Social. “Instead, we suffered from the worst Inflation in the History of our Country!”