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Started By
Message
re: Trump issues new statement on Fed Chairman Jerome Powell
Posted on 4/21/25 at 6:07 pm to LSURussian
Posted on 4/21/25 at 6:07 pm to LSURussian
That's my bad. I did misread. Apologies.
Posted on 4/21/25 at 6:09 pm to LSURussian
quote:
He kinda is.
The tax bill he got passed when he was POTUS #45 has an expiration date. He is pushing Johnson (SOTH) to pass the renewal of the cuts.
It's hard for me to forecast keeping existing cuts will do the same as adding a new cut though. With this being baked in it he doesn't get it done it hurts and if keeps it seems like we get ststus quo potentially. And it'll take some political capital to get it done.
quote:
What he has done that I think he has handled poorly are the tariffs. The U.S. absolutely needs to level the trade playing field but the shite-sandwich, haphazard way Trump and his advisors have gone about it has been embarrassing.
The operational implementation of the tariffs stinks.
I agree. I'm not quite sure I agree with trump on what he sees as a level playing field given the math we saw him present. It seems like smaller limited targeted tarrifs would achieve what he wants more than what we're seeing.
From my view it seems like there was a lot working for trump last term that isn't this term but we shall see.
Posted on 4/21/25 at 6:12 pm to lil 7thward
quote:
People who are worried about rates getting cut are the same as people hoping to have their student loans forgiven. Let Powell do his job.
Posted on 4/21/25 at 6:12 pm to NC_Tigah
quote:
So a one-off tariff is inflationary in terms of Fed rate correction? I don't get it.
Powell first said Tariffs are a one time hike not inflation
Now they are inflationary. He said inflation in 2021 was transitory
Yet somehow hes not playing politics
Posted on 4/21/25 at 6:17 pm to SDVTiger
quote:Correct.
Powell first said Tariffs are a one time hike not inflation
WTF changed?
Posted on 4/21/25 at 6:17 pm to PaperTiger
quote:
That's my bad. I did misread. Apologies.
Posted on 4/21/25 at 6:26 pm to NC_Tigah
quote:
WTF changed?
Trump won.
Posted on 4/21/25 at 6:30 pm to David_DJS
quote:Powell made the statement after Trump intro'd tariffs.
Trump won.
Posted on 4/21/25 at 6:40 pm to NC_Tigah
quote:
Powell made the statement after Trump intro'd tariffs.
I think Powell is simply paying politics here.
Posted on 4/21/25 at 6:40 pm to NC_Tigah
quote:
Correct.
WTF changed?
I assume he doesnt like being told anything
Hes playing politics. My guess is Orange is playing the long game. He knows the numbers are bullshite and so does Powell since hes said as much
My guess is no Cut in May but will in the summer
Posted on 4/21/25 at 6:49 pm to Odysseus32
quote:
How do you take someone who holds the most powerful position in the world and talks like this seriously?
You voted for the guy that couldn’t remember where he was yesterday and was hidden literally for his whole term.
Posted on 4/21/25 at 6:52 pm to FLBooGoTigs1
? Are you talking about Joe Biden?
I never voted for Joe Biden. I actually did vote for Trump in 16.
I’m just not thick headed enough to not admit that I was wrong. A lot of you just can’t bite the bullet here. You still think Trump is joking or playing chess when he says moronic shite.
As someone who thought that could be the case, he isn’t. It’s clear as day to anyone who can think critically. The man has no idea what he is doing.
I never voted for Joe Biden. I actually did vote for Trump in 16.
I’m just not thick headed enough to not admit that I was wrong. A lot of you just can’t bite the bullet here. You still think Trump is joking or playing chess when he says moronic shite.
As someone who thought that could be the case, he isn’t. It’s clear as day to anyone who can think critically. The man has no idea what he is doing.
This post was edited on 4/21/25 at 6:55 pm
Posted on 4/21/25 at 7:00 pm to Odysseus32
quote:
? Are you talking about Joe Biden?
I never voted for Joe Biden. I actually did vote for Trump in 16.
Out of curiosity, who did you vote for in '20 and '24?
Posted on 4/21/25 at 8:35 pm to John Barron
There are no mfer liberals at the Fed, lol. Just Jewish people
Posted on 4/21/25 at 8:38 pm to John Barron
I can’t believe the number of liberal down voters in this thread. Are they bots or paid Soros hacks bothering us on tigerdroppings?
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