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Topic: OT-Politics Thread: please TRY to keep it civil, you damned dirty apes

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utee94

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Re: OT-Catch all thread - Personal attacks will result in a time out
« Reply #43288 on: April 04, 2025, 11:07:46 AM »
Yup.

There's a reason Burnt Eyes established his zombie apocalypse compound in Tennessee near lots of fresh water.  

Texas obviously has access to seawater as well (despite my former colleague from San Francisco telling me Texas is "land-locked").  But the sheer scale and cost of such endeavors has historically been prohibitive to developing them.  I guess we'll see just how desperate folks are, to avoid those midwest winters! 

;)
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FearlessF

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Re: OT-Catch all thread - Personal attacks will result in a time out
« Reply #43289 on: April 04, 2025, 11:21:28 AM »
BREAKING

President Donald Trump says Fed Chair Powell should cut interest rates and ‘stop playing politics’
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847badgerfan

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Re: OT-Catch all thread - Personal attacks will result in a time out
« Reply #43290 on: April 04, 2025, 11:31:35 AM »
Can't do that right now.

Powell is not playing politics. Trump is.
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FearlessF

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Re: OT-Catch all thread - Personal attacks will result in a time out
« Reply #43291 on: April 04, 2025, 11:36:19 AM »
well, Trump is a politician - that's his job
Powell isn't supposed to be playin
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utee94

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Re: OT-Catch all thread - Personal attacks will result in a time out
« Reply #43292 on: April 04, 2025, 11:40:15 AM »
What's Powell doing, or not doing, that is "playing politics?"  I'll be honest I'm so caught up in the direct impact of the tariffs to my day-to-day job activities, that I haven't had time for much else. 
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847badgerfan

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Re: OT-Catch all thread - Personal attacks will result in a time out
« Reply #43293 on: April 04, 2025, 11:42:00 AM »
Quote from: utee94 on April 04, 2025, 11:40:15 AM
What's Powell doing, or not doing, that is "playing politics?"  I'll be honest I'm so caught up in the direct impact of the tariffs to my day-to-day job activities, that I haven't had time for much else.
He isn't doing anything. The Fed is an independent entity and should not be subject to political pressures.
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utee94

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Re: OT-Catch all thread - Personal attacks will result in a time out
« Reply #43294 on: April 04, 2025, 11:50:30 AM »
Quote from: 847badgerfan on April 04, 2025, 11:42:00 AM
He isn't doing anything. The Fed is an independent entity and should not be subject to political pressures.

Let me rephrase.  What is he doing, or not doing, that has Trump accusing him of playing politics?
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FearlessF

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Re: OT-Catch all thread - Personal attacks will result in a time out
« Reply #43295 on: April 04, 2025, 12:15:17 PM »
Trump thinks he should cut interest rates
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utee94

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Re: OT-Catch all thread - Personal attacks will result in a time out
« Reply #43296 on: April 04, 2025, 12:21:58 PM »
But, why is it "playing politics" if he does not?  Simply because it's against Trump's wishes?

OK, anyway, doubt there's really a meaningful answer here regardless.

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FearlessF

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Re: OT-Catch all thread - Personal attacks will result in a time out
« Reply #43297 on: April 04, 2025, 12:32:18 PM »
I just thought the headline amusing 
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ELA

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Re: OT-Catch all thread - Personal attacks will result in a time out
« Reply #43298 on: April 04, 2025, 12:36:41 PM »
Quote from: utee94 on April 04, 2025, 12:21:58 PM
But, why is it "playing politics" if he does not?  Simply because it's against Trump's wishes?

OK, anyway, doubt there's really a meaningful answer here regardless.
For better or worse, and its certainly for both.  That is the Trump playbook
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bayareabadger

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Re: OT-Catch all thread - Personal attacks will result in a time out
« Reply #43299 on: April 04, 2025, 12:37:05 PM »
Quote from: FearlessF on April 04, 2025, 11:21:28 AM
BREAKING

President Donald Trump says Fed Chair Powell should cut interest rates and ‘stop playing politics’
That’s a poor idea. 
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bayareabadger

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Re: OT-Catch all thread - Personal attacks will result in a time out
« Reply #43300 on: April 04, 2025, 12:40:24 PM »
Quote from: utee94 on April 04, 2025, 12:21:58 PM
But, why is it "playing politics" if he does not?  Simply because it's against Trump's wishes?

OK, anyway, doubt there's really a meaningful answer here regardless.


That’s probably it. 

Low interest rates seem good. The president wants things to seem good. This person is not allowing him to make things seem good and brag on them. 
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medinabuckeye1

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Re: OT-Catch all thread - Personal attacks will result in a time out
« Reply #43301 on: April 04, 2025, 01:02:15 PM »
Quote from: utee94 on April 04, 2025, 12:21:58 PM
But, why is it "playing politics" if he does not?  Simply because it's against Trump's wishes?

OK, anyway, doubt there's really a meaningful answer here regardless.
There is not and this is pretty standard President vs Fed stuff.  

Presidents ALWAYS want lower interest rates to stimulate the economy and the Fed has to be concerned about inflation.  

There are two sides to this and both are realistic arguments:
Trump's argument:
The economy is clearly slowing, why WAIT until we are already in recession THEN try to get out.  

Fed's argument:
Inflation is not necessarily under control yet so interest rates need to stay where they are.  
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