https://www.macrotrends.net/2015/fed-funds-rate-historical-chart This is just patently false. The fed interest rates under Obama were only low under his first term when it actually made sense after the aftermath of the subprime mortgage crash. Trump wants to continue to lower interest rates when the economy has sustained gdp growth which is unusual and usually forms a bubbled economy. As soon as Obama left, the new administration with the new fed chair lowered fed interest rates.
If you mean thankful for what I've been given/earned you would be correct. Tell me what's wrong with not wanting taxes to be raised and doing what's necessary, however unpleasant to stop the rioters? I'm a full time believer in capitalism.
I'm glad you're back posting bro. Aside from a few decent posters, rocketsjudoka is one of them, the majority of the loonies in here took the blue pill and they're not coming back. Try having a conversation with them requires some extra strength Tylenol. I was gone for a week from this place, locked myself in my studio with the band to try to finish up with the music we just wrote, and the loonies in the other tread that I was spanking had run wild. I'm heading over there now to restore law and order. Anyways, sooner or later, they'll get to you with their piling on and circle jerks, if that's the case, back away from the electronics, go to the basement to suck on some battery acid, come back fully recharge and destroying some more loonies hypocrisy. Welcome back.
Stating the obvious, Obama's first term was during a recovery of one of the worst economic crashes in American history. Trump's first term was preceded by many consecutive quarters of gdp growth. Fed interest rates are always going to be lower during a recovery period for a recession to jump start growth. Obama's second term and Trump's first term is a far more relevant comparison as both terms are after the recovery and during growth periods. Under Obama's preceding of growth, he also precised over lowering deficits and increased fed interest rates. Under that same growth period, Trump has precised over an inflated deficit and decreased fed interest rates. The Obama administration was far more responsible in making sure an economic bubble wouldn't form that would result in an inevitable burst and crash. All the Trump adminstration cares about is bragging about gdp growth and stock market gains to sell as political props at the expense of irresponsible practices such as drastically accelerating the deficit and having near zero percent interest rates. Of this economy goes into a long term reccesion expect negative fed interest rates.
So the answer to my question is? The fed did raise the rate under Trump. Something that was never done under Obama. Trump should be bragging. The market is still very good despite the economy being shutdown. How much did the debt go up under Obama? 19 trillion? No wonder the economy picked up under Obama with 19 trillion in debt to prop up the economy. You and I could have propped up the economy with 19 trillion extra to spend.
The answer to your question is that you ignore the data that doesn't suit you and with every successive post you make yourself seem a little bit more out of touch with facts.
Data Compare and contrast the debt under Obama vs Trump and the interest rates under both of them. Or do you just want to say things that fit your narrative. I believe I know the answer to all of these questions.
https://datalab.usaspending.gov/americas-finance-guide/deficit/trends/ After the 2017 tax bill was signed the federal deficit has shot back up to near great reccesion era values before COVID during sustained economic growth. Do you understand how bad that is? During economic growth, theoritically it should be significantly easier to reduce the deficit due to increased tax revenue and decreases spending on economic aid safety nets. Hence why during Obama's second term the deficit substantially decreased. It makes perfect sense the deficit would increase during a period right after a giant economic crash. Any administration Republican or Democrat would precise over the same inflation of the deficit during a recession. However not every president precised over a substantial increase in the deficit during a period of sustained growth. Also don't give Trump credit for the fed interest rates going back to 2 percent for a short period as he was pretty vocal about disagreeing with the fed chair on that maneuver.
Speaking of wanting to say things that fit your narrative, I'm still waiting for you to prove that there are deaths every night at the protests. You can also prove that the virus was made by the Chinese. Thanks.
It depends on the situation. You have to feel that your life or body was in danger and the only choice was deadly force.
Of course the situation matters - If its dark or the individual accosts you ... and you have reason to believe its a real weapon sure. But that clown is acting like the situation in Portland , broad daylight knowing its a paintball gun gave them carte blanche .... I think we both know that's a total joke.
Or a lack of opportunity - whatever you call it, there could be an economic dimension to these protesters. No, none of us are fine with lawlessness, I hope. When you said violence, I thought you were implying non-law enforcement folks go to the street and fight back with violence - that is by definition, not following the law and is lawlessness, isn't it?
