Re:Fed cuts half point in emergency move amid spreading virus
by psadri on Tuesday March 03, 2020 @11:11AM
(#22475720)
Not in an election year.
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Re:Fed cuts half point in emergency move amid spreading virus
by coliveira on Tuesday March 03, 2020 @11:32AM
(#22475976)
Trump will not let the recession occur, because he's so afraid of losing.
Re:Fed cuts half point in emergency move amid spreading virus
by A4ET8a8uTh0 on Tuesday March 03, 2020 @11:49AM
(#22476173)
Maybe that is part of the problem. We imbue our leaders with a belief that their will alone is sufficient to stem the tide forgetting that they are only human.
Re:Fed cuts half point in emergency move amid spreading virus
by AnimalMuppet on Tuesday March 03, 2020 @12:16PM
(#22476483)
This is the point of the Fed being independent - so that they can ignore Trump's tweets and do what they think the economy actually needs.
Now, they have recently done basically what Trump asks. Are they succumbing to Trump's pressure, or is Trump asking them to do what actually is the right thing?