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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: sylvester80 who wrote (1069795)5/18/2018 3:39:19 PM
From: RetiredNow1 Recommendation

Recommended By
locogringo

  Read Replies (1) | Respond to of 1573108
 
Except, almost every point you just made is demonstrably false. April was one of the biggest surpluses in US history. Interest rates aren't controlled by Trump, but by the Fed and those increases were started by Yellen and are now being continued by Powell. Inflation is not something a President controls, but rather is almost entirely under the control of the Fed. The Fed has held interest rates near zero for almost 9 years and printed close to $4 trillion dollars. The fact that inflation is now just starting to spark is only surprising in that it took so long. That's the "exorbitant privilege" of having the US dollar as the world's reserve currency. As to everyone's take home pay, it has gone up since Trump's tax cuts, which is a reversal from when Obama tightened the screws on all of us with his Obamacare fiasco.

Trump says and does a lot of things I don't like, but your post was devoid of truth and value.