I have a legitimate question this evening. Why doesn’t public enemy #1 want to lower interest rates?

I mean, if it’s good for the economy (per Trump) why doesn’t he just do it?

And how low can the Feds lower the interest rates? Is 1% a good thing?

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samueltyler2 · 80-89, M

When the great recession came, in 2008, the interest rate was lowered which helped the economy but added to a national deficit. When congress passed the tax but the country's deficit increased to over a $ trillion, if we lower the rate and then enter another recession, which some people believe is inevitable, then the government will not be able to lower the rate to try to get us out of that recession.

SimplyTracie · 26-30, F

@samueltyler2 But, but Trump said...

whowasthatmaskedman · 70-79, M

@samueltyler2 And the deficit will continue to grow. Until America cant make the payments. and has to sell the farm.

samueltyler2 · 80-89, M

@SimplyTracie yes? He also said the hurricane would endanger Alabama!

quitwhendone · M

@samueltyler2 I'm sorry to tell you this but none of what you wrote is accurate.

SimplyTracie · 26-30, F

@samueltyler2 Yeah, Trump claimed Dorian could hit Alabama. We shall see if he or the weather service is correct.

quitwhendone · M

@SimplyTracie He's never heard of a Cat 5 hurricane either even though he said that the last 4 times we had a Cat 5 hurricane.

SimplyTracie · 26-30, F

@quitwhendone He just dumb.

quitwhendone · M

@SimplyTracie Indeed