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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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.
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
Uh, weren’t these dipshits pissing and moaning about the rates being high?
Which they would blame on Democrats. Any improvement under their opponents tenure has to be framed as a bad thing, lest voters notice something good happened with a Democrat in office.
Also it’s something they can’t promise to do because it was just done. Kinda like how the orange idiot had his Congressional bootlickers kill the immigration bill.
Bitchboi who committed election interference calls everything election interference to try and deflect…
You know what this reminds me of? A fucking six year old.
Umm.
He also committed wire fraud to get lower interest rates on his loans by claiming false valuations.
Think he’s awaiting sentencing for that.
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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.
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Let’s put more cash into the system that will fix inflation /s
