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progree

(12,728 posts)
3. Here's Trump's proposed Fed policy, showing what a total ignoramus and moron he is
Tue Dec 30, 2025, 05:53 AM
Dec 30

Last edited Tue Dec 30, 2025, 06:32 AM - Edit history (1)

https://finance.yahoo.com/news/fed-chair-lower-rates-market-183423701.html
No paywall on this Yahoo - hosted article

Fed Should Lower Rates If the Market Does Well, Trump Says, Bloomberg, 12/23/25

“I want my new Fed Chairman to lower Interest Rates if the Market is doing well, not destroy the Market for no reason whatsoever,” Trump said in a social media post Tuesday. “Anybody that disagrees with me will never be the Fed Chairman!”

“In the old days, when there was good news, the Market went up,” Trump wrote. “Nowadays, when there is good news, the Market goes down, because everybody thinks that Interest Rates will be immediately lifted to take care of ‘potential’ Inflation.
(bolding added)

Fact check about the last sentence: There have been no rate increases in 2025, instead there have been 3 rate cuts, beginning with the one 9/17.

And there have been 4 rate cuts in the latter half of 2024, including one that was 0.50% instead of the usual 0.25%.

There have been no rate increases since July 2023, 2 1/2 years ago

And the market has been hardly "destroyed" by "too late Jerome Powell" - the S&P 500 hit a new all-time-high December 24.
https://www.democraticunderground.com/111699775

Recommendations

4 members have recommended this reply (displayed in chronological order):

Riiiight! It's Powell that's incompetent. Buddyzbuddy Dec 30 #1
Rant Doodles Dec 30 #22
Thank you, Doodles. It feels good to blow off steam, sometimes. Buddyzbuddy Dec 30 #35
Every day, every utterance just confirms Trump's progressive dementia... hlthe2b Dec 30 #2
Syphilitic rambling displacedvermoter Dec 30 #26
Here's Trump's proposed Fed policy, showing what a total ignoramus and moron he is progree Dec 30 #3
Historically, recessions tend to follow rate cuts. BadgerKid Dec 30 #4
Agreed, and how the stock market is doing isn't the main criteria to cut or raise interest rates. He would give us Doodley Dec 30 #5
"Trump says" Roy Rolling Dec 30 #6
Every accusation is an admission. Danascot Dec 30 #7
Oh yeah, well Powell is going to counter sue, for gross incontinence. Gary 50 Dec 30 #8
The American people should file a class action suit against Trump for the same Yo_Mama_Been_Loggin Dec 30 #37
That's what I was thinking MadameButterfly Dec 30 #49
Trump would have failed Economics if he had taken the tests. twodogsbarking Dec 30 #9
Have a hunch he paid someone to take the tests for him.You could get away with it back then. Xolodno Dec 30 #48
This WashPost article . . . AverageOldGuy Dec 30 #10
Hey...Bezos doesn't get free public money for nothing. Services rendered! travelingthrulife Dec 30 #13
I would bet lonely bird Dec 30 #15
If it had gone to that length, then this OP would be locked as posting an "Opinion" piece BumRushDaShow Dec 30 #20
THANK YOU Skittles Dec 30 #43
Also Donnie: we have the greatest economy ever. unblock Dec 30 #11
Bury the administration in lawsuits lonely bird Dec 30 #12
I think our legal system is already collapsing from their everyday lawsuits. travelingthrulife Dec 30 #14
Maybe so lonely bird Dec 30 #17
ROFL ananda Dec 30 #16
Why didn't we think of this sooner? We'll sue the Potus for gross incompetence FakeNoose Dec 30 #18
Trump is insanely litigious... GiqueCee Dec 30 #19
Even for President Oompa-Loompa, this one is kind of a head scratcher on several levels. Ol Janx Spirit Dec 30 #21
This guy is a broken record..if he can't intimidate coerce or harass...he sues..nt mitch96 Dec 30 #23
When... skennis1 Dec 30 #24
Ahhh, Mierda47 forgot to take his Irony Deficient tablets again ... aggiesal Dec 30 #25
Will trump call himself to the stand BOSSHOG Dec 30 #27
Discovery alone would be quite revealing of his abject ignorance Justice matters. Dec 30 #33
Every day just another reason to hate him MORE! bluestarone Dec 30 #28
He's an old demented hack bucolic_frolic Dec 30 #29
bar associations need to start santioning his attorneys moonshinegnomie Dec 30 #30
If we can ever reform the judicial system Nasruddin Dec 30 #31
STFU g'pa Pas-de-Calais Dec 30 #32
Do it, fucker. maxsolomon Dec 30 #34
Doesn't trump already have enough gross incompetence BaronChocula Dec 30 #36
For a person who has declared more than 1 bankruptcy (six I think), he doesn't have any right to complain. SWBTATTReg Dec 30 #38
He always forgets that pesky DISCOVERY thingie Attilatheblond Dec 30 #39
Let's all of us sue Trump for gross incompetence iemanja Dec 30 #40
Make it a class action suit. JohnnyRingo Dec 30 #42
Can anyone guess who he's going to appoint as interim director? I can. JohnnyRingo Dec 30 #41
I think we should just rename him... sheshe2 Dec 30 #44
He's stepped over the line again. Marcuse Dec 30 #45
This message was self-deleted by its author Marcuse Dec 30 #46
Hows about trying something useful, like suing the guy that appointed Powell? the nelm Dec 30 #47
the guy that appointed Powell? Norrrm Dec 30 #52
Why is he caring? Shipwack Dec 30 #50
Maybe it will set a precedence vapor2 Dec 30 #51
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