9 votes

Weekly US politics news and updates thread - week of August 31

This thread is posted weekly - please try to post all relevant US political content in here, such as news, updates, opinion articles, etc. Extremely significant events may warrant a separate topic, but almost all should be posted in here.

This is an inherently political thread; please try to avoid antagonistic arguments and bickering matches. Comment threads that devolve into unproductive arguments may be removed so that the overall topic is able to continue.

6 comments

  1. [2]
    Exemplary
    Link
    Oh my god. Trump says "LOWER THE RATE OR I’LL STOP TRADING WITH COUNTRIES WITH WHICH WE HAVE A DEFICIT" This is the financial equivalent of nuking a hurricane. If Trump follows through, no matter...

    Oh my god.

    Trump says "LOWER THE RATE OR I’LL STOP TRADING WITH COUNTRIES WITH WHICH WE HAVE A DEFICIT"

    Great jobs number just announced, breaking all estimates (except mine!) by double and triple - And you haven’t seen anything yet! EMPLOYERS ADDED 162,000 JOB IN AUGUST. Lower the interest rates because the U.S.A. is a much stronger credit than it was just a short time ago! A STRONG COUNTRY MEANS A LOWER INTEREST RATE - IT’S A BETTER CREDIT…Very simple! We should have the LOWEST RATE of any country in the World, like “the old days.” Without the United States agreeing to allow them their big surpluses, and we could stop that immediately, they would no longer be considered financially ELITE! LOWER THE RATE OR I’LL STOP TRADING WITH COUNTRIES WITH WHICH WE HAVE A DEFICIT, which the U.S. Supreme Court, in its ridiculous and very costly Tariff decision, strongly acknowledged “the President” has an absolute right to do. IT’S BETTER THAN TARIFFS! The Fed Board, with its great new leader, must get smart - BE PATRIOTS for a change. High interest rates put the U.S.A. at a very unfair disadvantage, and I won’t allow that to happen! President DONALD J. TRUMP

    This is the financial equivalent of nuking a hurricane. If Trump follows through, no matter what happens, we end up with inflation/stagflation. Rates somehow magically go down? Inflation. Deficit trading stops? Stagflation.

    So will he follow through? "IT’S BETTER THAN TARIFFS!"

    Currently markets are pricing him not doing anything, or him doing something then quickly TACO'ing out.

    But the long term impact of all these shenanigans is brutal. If you are Canada, you are seriously looking for more reliable trading partners. If you are China, you want to be Canadas new bestie.

    Have the democrats given up on pushing back on this bullshit? We know when the democrats take over power, we are going to hear nothing but how they are destroying the economy.

    4 votes
  2. [3]
    unkz
    Link
    https://www.whitehouse.gov/arcade/ Building the wall and arresting brown people as the border patrol.

    https://www.whitehouse.gov/arcade/

    Building the wall and arresting brown people as the border patrol.

    2 votes
    1. [2]
      DefinitelyNotAFae
      Link Parent
      Absolutely disgusting

      Absolutely disgusting

      7 votes
      1. hobbes64
        Link Parent
        Normalize cruelty and violence and stupidity. The vice signalling continues.

        Normalize cruelty and violence and stupidity.

        The vice signalling continues.

        2 votes