Donald Trump and Joseph Smith

[honorentheos]

Honor are you better off now than in 2019?

Financially and professionally, yes. But that is typical of any four year period you asked me about. Knock on wood.

I know most of you left coast liberals employ illegal immigrant nannies, gardners or even the occasional Mexican chair etc. Perhaps an emforced border is a threat to your way of life the same as abolitionism was a threat to southern planters. At least southern planters didn't shift the cost of feeding, clothing, medical care onto their felliow American citizens.

Remember what I said up thread about responding to a question with a non sequitur?

I answered your question so please answer mine. What was going on in the quoted article regarding Trump negging J-Powell, and the Fed responding with lowered interest rates?

[ajax18]

Honor are you better off now than in 2019?

Financially and professionally, yes. But that is typical of any four year period you asked me about. Knock on wood.

I know most of you left coast liberals employ illegal immigrant nannies, gardners or even the occasional Mexican chair etc. Perhaps an emforced border is a threat to your way of life the same as abolitionism was a threat to southern planters. At least southern planters didn't shift the cost of feeding, clothing, medical care onto their felliow American citizens.

Remember what I said up thread about responding to a question with a non sequitur?

I answered your question so please answer mine. What was going on in the quoted article regarding Trump negging J-Powell, and the Fed responding with lowered interest rates?

Trump wanted lower interest rates. Those of us who brought homes then are better off than people trying to buy now. Maybe that's bad for bankers but it was good for working class Americans. That American dream is now out of reach for young people today.

[honorentheos]

Financially and professionally, yes. But that is typical of any four year period you asked me about. Knock on wood.

Remember what I said up thread about responding to a question with a non sequitur?

I answered your question so please answer mine. What was going on in the quoted article regarding Trump negging J-Powell, and the Fed responding with lowered interest rates?

Trump wanted lower interest rates. Those of us who brought homes then are better off than people trying to buy now. Maybe that's bad for bankers but it was good for working class Americans. That American dream is now out of reach for young people today.

Do you understand Gad's comment was an indictment of the Feds actions as it played a significant role in the inflation explosion you complain about? That Trump's pressure on the Fed to keep rates low when they should have been increasing them to guard against inflation set us up for one of the things you like to blame on Biden? That Trump was pushing for this for his own political advantage rather than because it was good for the economy?

Do you think the short term goal of overheating the economy under Trump was worth it?

[Gadianton]

Ajax, have you ever tried not being an ideological hack? That's like saying Biden created high gas prices so the average American could buy oil stocks and live the American dream of getting a good dividend on an investment. Totally stupid. Besides, low interest rates mean what, Ajax? More money available to chase the same resources = higher home prices. Inflation, Ajax. The thing you hate only second to poor people.

Lowering interest rates did nothing to help the average American get a home.

[Kishkumen]

At least southern planters didn't shift the cost of feeding, clothing, medical care onto their felliow American citizens.

They also gave their slaves absolutely no choice, no hope, and considered them property, or, in other words, subhuman.

Slavery is despicable.

[ajax18]

Trump wanted lower interest rates. Those of us who brought homes then are better off than people trying to buy now. Maybe that's bad for bankers but it was good for working class Americans. That American dream is now out of reach for young people today.

Do you understand Gad's comment was an indictment of the Feds actions as it played a significant role in the inflation explosion you complain about? That Trump's pressure on the Fed to keep rates low when they should have been increasing them to guard against inflation set us up for one of the things you like to blame on Biden? That Trump was pushing for this for his own political advantage rather than because it was good for the economy?

Do you think the short term goal of overheating the economy under Trump was worth it?

I just don't agree that low interest rates led to inflation. If they did the effect was minimal compared to shutting the economy down to 70% operational and then printing trillions of dollars in stimulus and welfare money for years after everyone should have gone back to work with no restrictions. Eventually we all got COVID whether vaccinated or not, whether we locked down or not. I blame China, the Democrats that colluded with the CCP and covered for them. And I blame Americans for being scammed by Fauci out of an inability to accept their own mortality and accept some risk as opposed to cowering fear and the poverty that creates.

DeSantis got it right. Democrats and Trump need to admit this and stop trying to cover up the results of your Marxist-atheist fear mongering scamdemic policies by always being able to stretch back and blame a conservative. You've had your way and we'll be living the consequences of your Marxist policies for a long time. Why should I allow you to ruin my country because you want to give communism another 101 more tries expecting a different result? If you want to vote for communism you need to go to Venezuela, Cuba, or Russia and get out of one of the last free countries on earth before you ruin it as well. Socialism always turns into communism. Communism is great until you run out of other peoples money. I have no power to cast you out. My only consolation will be watching you destroy each other when you run out of other peoples money to give away in exchange for votes.

[ajax18]

At least southern planters didn't shift the cost of feeding, clothing, medical care onto their felliow American citizens.

They also gave their slaves absolutely no choice, no hope, and considered them property, or, in other words, subhuman.

Slavery is despicable.

Slavery was despicable. It's despicable in countries that still practice it today. How much better is exploiting people for cheap labor?

[honorentheos]

Do you understand Gad's comment was an indictment of the Feds actions as it played a significant role in the inflation explosion you complain about? That Trump's pressure on the Fed to keep rates low when they should have been increasing them to guard against inflation set us up for one of the things you like to blame on Biden? That Trump was pushing for this for his own political advantage rather than because it was good for the economy?

Do you think the short term goal of overheating the economy under Trump was worth it?

I just don't agree that low interest rates led to inflation. If they did the effect was minimal compared to shutting the economy down to 70% operational and then printing trillions of dollars in stimulus and welfare money for years after everyone should have gone back to work with no restrictions.

It's certainly true that many factors converged in 2021-22 that drove inflation up at rates we haven't seen in decades. But monetary policy is one of the factors that pulls on multiple threads in order to affect behavior in multiple markets. You can't argue the above without being a hypocrite if you also don't think Trump's push to keep money artificially cheap was a problem before the COVID stimulus, for example, as they are closer in influence on behaviors than you seem to want to acknowledge.

On the flip side, the previously low inflation rate paralleled flat wage growth which seems like a concern you might consider given your distaste for immigrant labor.

[Kishkumen]

Slavery was despicable. It's despicable in countries that still practice it today. How much better is exploiting people for cheap labor?

It is also despicable to hire people and then stiff them. Your buddy Trump is a well known offender.

[Doctor Steuss]

Are you saying that companies went from being benevolent law biding businessmen during the Trump Administration to price gougers upon the election of Joe Biden?

No. That's silly.

And what do you mean they'll continue to vote for Trumpists?

What I'm mean by "they'll continue to vote for Trumpists," is that they'll continue to vote for Trumpists.

Self reliant hard working people are a minority.

Hard working? I don't know that they are a minority. Self-reliant, yes, that's probably a minority to an extent. Corporate welfare, and the crabs in a bucket mentality of the socialist MAGA Trumpists (who like the government to have to subsidize corporate profits and low wages) ensures that self-reliance is unachievable for many. Hell, we even have military families who have to use food stamps in this country.

My own family, growing up, wouldn't have survived if it weren't for the charity and kindness of ward members, and my grandparents. I didn't think anything of it that we would randomly get groceries anonymously on our doorstep. I just knew that it meant we'd eat something different than cream-of-wheat, and bottled peaches for the week (which was so incredibly exciting). My dad worked at least 70+ hours a week (he'd be gone before we woke up, and he'd usually get home close to bedtime). What he did, is the same thing many Americans do now. They kill themselves to only end up having to rely on others.

Democracy seems to favor communism most of the time. Democracy chooses unsustainable debt.

Many countries who rank higher on democracy and freedom scales/metrics do not suffer from America's runaway debt issues. I don't think it was the pull of Democracy towards "communism" that made Trump (and all of the MAGA Republicans who went happily along with it), saddle American tax-paying citizens with more debt right out of the gate than Obama had in the last 5 years of his administrations.

I don't think it was Democracy favoring communism that made Trump and MAGA Republicans artificially super-charge the economy with their out-of-control debt spending, money printing, and smash-and-grab schemes that helped bring us to our current inflationary mess.