Hyperbolic crap. And this bit of economic illit
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Posted On: 12/20/2018 11:00:12 PM
Hyperbolic crap.
And this bit of economic illiteracy undercuts everything the Trump apologist says:
That's what the FED HAD to do during the Great Recession to goose the stock market and the economy. Mission accomplished.
Now the economic expansion has whiskers and the Fed is doing what it NEEDS to do. And what Trump's deficit busting tax cuts require it to do.
In neither case was the FED working to help or hinder either president..
The price this country pays for economic illiteracy and willful ignorance is incalculable.
Well not quite, the piper is about to be paid for Trump's 'cut taxes and spend' idiocy, no less so than it had to be paid for Dubya's trickle down bullshit.
And this bit of economic illiteracy undercuts everything the Trump apologist says:
Quote:
Puzder said that in addition to Trump's political battles, the Federal Reserve raised interest rates eight times in 24 months, despite only one hike under the Obama administration.
That's what the FED HAD to do during the Great Recession to goose the stock market and the economy. Mission accomplished.
Now the economic expansion has whiskers and the Fed is doing what it NEEDS to do. And what Trump's deficit busting tax cuts require it to do.
In neither case was the FED working to help or hinder either president..
The price this country pays for economic illiteracy and willful ignorance is incalculable.
Well not quite, the piper is about to be paid for Trump's 'cut taxes and spend' idiocy, no less so than it had to be paid for Dubya's trickle down bullshit.
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