Trump Second Term Tracker

[dbair1967]

 

[Creeper]

This would be a huge win for the administration's agenda and for the America people's financial well-being.

This guy has been a complete goon for leftists and globalist for his entire term.

Honestly, the fed has been awful for a long time. After 2008, the fed kept interest rates too low for too long. They created some artificial markets. Now Rates might be a tad high, but I think Trump is exaggerating this issue. Rates should come down but not a lot. We just go used to 2 or 3% mortgages.

Also, with the US debt being what it is, I am not sure rates can come down that much. Trump is only looking at inflation but that is not the only factor in setting interest rates. Our debt is a risk, and lenders are not going to take that risk unless there is a balanced reward - which means we have to pay higher rates on T-Bills and bonds.

 

[dbair1967]

He better not wear a damn Stealer hat

 

[dbair1967]

Honestly, the fed has been awful for a long time. After 2008, the fed kept interest rates too low for too long. They created some artificial markets. Now Rates might be a tad high, but I think Trump is exaggerating this issue. Rates should come down but not a lot. We just go used to 2 or 3% mortgages.

Also, with the US debt being what it is, I am not sure rates can come down that much. Trump is only looking at inflation but that is not the only factor in setting interest rates. Our debt is a risk, and lenders are not going to take that risk unless there is a balanced reward - which means we have to pay higher rates on T-Bills and bonds.

They turned interest rates into a political weapon. It's the same in some other countries too.

Yes, it should have never gotten down to 2% mortgages, but there's no way in hell interest should be where they are today.

 

[Creeper]

If you don't understand that in the modern world inflation is driven by energy prices then you know nothing. Everything were produce, even work product in the service industry, requires energy. If the cost of energy goes up, inflation follows pretty quickly. When Democrats take office and push their climate change agenda it sends energy futures higher which results in price increases for all forms of energy. When Republicans take office, they relax regulations, increase energy production and prices futures fall, which lowers prices and inflation. The price of eggs means nothing in the scheme of things. It is energy supply.

 

[dbair1967]

If you don't understand that in the modern world inflation is driven by energy prices then you know nothing. Everything were produce, even work product in the service industry, requires energy. If the cost of energy goes up, inflation follows pretty quickly. When Democrats take office and push their climate change agenda it sends energy futures higher which results in price increases for all forms of energy. When Republicans take office, they relax regulations, increase energy production and prices futures fall, which lowers prices and inflation. The price of eggs means nothing in the scheme of things. It is energy supply.

Thats what triggered mass inflation under Biden. Slashing oil production was the very first thing they did, then he burned through the strategic reserves too.

Leftists knew exactly what they were doing.

 

[dbair1967]

 

[yimyammer]

On another note, I am pretty disappointed that apparently Trump has done a 180 on support for Ukraine. There is absolutely no reason whatsoever we should be giving them anything and he ran on that.

I heard someone say we're not giving Ukraine anything, the EU is buying weapons from the US and giving to Ukraine. and its not costing the taxpayer anything. (I hope this is true but I forgot where I heard it)

If accurate, is that easier to swallow?

Like you, I dont want to be involved with wars anywhere unless we absolutely have to. Personally I'd place greater importance on making 100% sure Iran never can or will get a nuke and if possible, do what can be done behind the scenes to help the Iranian people rid themselves of the Assahola, mulluhs, et al

 

[dbair1967]

 

[Doomsday]

Facts.

 

[touchdown]

Revised to $90 Billion Investment in Pa.

 

[dbair1967]

This would make me extremely happy.