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re: Doesn't Trump understand that revised DOWN jobs #'s help his case for lower rates?
Posted on 8/4/25 at 2:13 pm to sidewalkside
Posted on 8/4/25 at 2:13 pm to sidewalkside
0
Posted on 8/4/25 at 2:14 pm to SDVTiger
quote:If so post a link to your claim that 5.5% 30 year, fixed rate conventional mortgages are available.
Regardless Im right as always
You claimed that was the case a week ago and you still haven't posted a link supporting your claim.
BTW, you're NEVER right...
Posted on 8/4/25 at 2:17 pm to sidewalkside
Why do they need to come down?
Posted on 8/4/25 at 2:38 pm to DownshiftAndFloorIt
quote:Where in my post did i say they need to come down?
Why do they need to come down?
Posted on 8/4/25 at 2:39 pm to Padme
quote:You may not follow this as closely as some of us do.
Wow, if Seigal says they are 125 too high, then there’s no doubt about it
I believe Waller came out with a suggestion following the BLS revision that the Fed cut rates now as an interim measure, then consider further action in September. Bowman said we should cut rates. The Taylor Rule employed by the Fed to guide its decisions says we should cut rates. By the Fed's 2024 rationale, we should cut rates. A litany of economists say we should cut rates .... and Jeremy Siegel says we should cut rates.
Posted on 8/4/25 at 2:49 pm to sidewalkside
That wasn’t his point. That the blob has been fricking with these numbers for years for political reasons.
Rush used to keep a running totals for unemployment initially the revised. They play games. They lie about it.
Trump is proud of his economic numbers. He doesn’t need gimmicks.
The fed says higher interest rates will stop inflation.
But high cost of borrowing increases business cost of doing business PLUS it then tends to sl business growth and thus jobs and puts downward pressure on wages.
Rush used to keep a running totals for unemployment initially the revised. They play games. They lie about it.
Trump is proud of his economic numbers. He doesn’t need gimmicks.
The fed says higher interest rates will stop inflation.
But high cost of borrowing increases business cost of doing business PLUS it then tends to sl business growth and thus jobs and puts downward pressure on wages.
Posted on 8/4/25 at 2:50 pm to sidewalkside
quote:
you got so upset
Why would I be upset about always being right
Posted on 8/4/25 at 2:51 pm to sidewalkside
Plus in a shrinking job market it helps Americans to deport illegals. Save the jobs for citizens.
Posted on 8/4/25 at 3:58 pm to sidewalkside
It's funny because he fired her for over stating growth while the left MSM make it seem he thinks she understated it. The Fed looks at more than just job growth but the idea that her overstating it would hurt rate cuts makes no sense, as if that was the key thing they would have cut due to her inflating the numbers.
The whole thing is seems like a loose loose for Trump. He's fired someone for something that most people don't think about long enough to understand. And so is prone to being defined by the enemy over what he was actually thinking, which he has not explained.
The whole thing is seems like a loose loose for Trump. He's fired someone for something that most people don't think about long enough to understand. And so is prone to being defined by the enemy over what he was actually thinking, which he has not explained.
Posted on 8/4/25 at 7:28 pm to KiwiHead
quote:
MAGA MAN resorts to uninspired attemt at insult.
Do better, the neosporin thing is bush league, even for this board
OK, Kiwi...simplified attempt at insult...GFY libtard.
Posted on 8/4/25 at 7:31 pm to sidewalkside
That’s because he wants America to succeed not just score temporary political points. I know this is beyond the elementary understanding of economics that you possess but lowering interest rates doesn’t automatically equal rising inflation so you can have a growing economy with lower interest rates. It’s not one or the other
Posted on 8/4/25 at 8:09 pm to 94LSU
Lower does tip toward Fed taking action if inflation holds.
The issue is all the policy taken on the initial wrong numbers.
The issue is all the policy taken on the initial wrong numbers.
Posted on 8/4/25 at 8:55 pm to Rip Torn
quote:Satire?
That’s because he wants America to succeed not just score temporary political points.
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