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Started By
Message
re: Trump advisors are considering plans to dramatically revamp the Fed, WSJ report says
Posted on 4/26/24 at 10:23 am to MStant1
Posted on 4/26/24 at 10:23 am to MStant1
quote:
Fed lowered rates all throughout 2019 well before Covid.....
And our manufacturing base was at a ten year low during that same period. People have selective memory about the Trump administration which I'll admit was mostly good.
Posted on 4/26/24 at 6:10 pm to Lou Pai
quote:
I don't get this. We don't have a nationalized energy industry. Energy became very cheap during his administration due to lucky timing and technological advances in the industry that were already well underway (in spite of Obama).
Brother, what were the impacts of GEOTUS foreign policy on OPEC production during that time?
Posted on 4/26/24 at 6:13 pm to LSUminati
quote:
Brother, what were the impacts of GEOTUS foreign policy on OPEC production during that time?
Probably not as much as you think
Posted on 4/26/24 at 6:25 pm to Powerman
You need to watch Little House on the Prairie.
Posted on 4/26/24 at 6:25 pm to GumboPot
quote:
It was doing well because of Trump's energy policy. A lot of critics dismiss easy energy policy but easy energy policy has profound positive economic impacts. When energy costs are low it's cheaper to HVAC your building, it's cheaper to deliver goods, it's cheaper to manufacture goods, it's cheaper to take that road trip, it's cheaper to buy airline tickets, etc., etc.
I agree with the aspect that a friendly domestic energy policy can help tame prices to an extent.
However, if COVID shutdowns hadn't happened, what do you think the average oil price per barrel and our national gasoline prices would have gotten down to?
Posted on 4/26/24 at 6:28 pm to Powerman
AH! So this is another Anti Trump message from you.
People are going to remember what the prices were under Trump no matter how hard you try to tell them it was not
People are going to remember what the prices were under Trump no matter how hard you try to tell them it was not
Posted on 4/27/24 at 7:40 am to BCreed1
quote:
AH! So this is another Anti Trump message from you.
Not really
Try to keep up
Posted on 4/27/24 at 7:47 am to TDTOM
quote:
FBI
DOJ
CIA
DOL
DOE
Fed
You have that very much backwards.
Posted on 4/27/24 at 7:50 am to momentoftruth87
quote:
So a govt agency should just do what it wants against the president’s plan?
Yes, including Congress and the Supreme Court. Unfettered power is not good for us.
Posted on 4/27/24 at 7:52 am to 4cubbies
quote:
Yes, including Congress and the Supreme Court. Unfettered power is not good for us.
Correct. Especially since individuals have the ability to be obsessed with legacy and not look out for long term interests. If Trump controlled the fed it might be good in the short run but it would likely have very poor long term outcomes.
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