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Poolte, Powell, interest rates
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Skyfish
Posted 7/22/2025 21:55 (#11306409 - in reply to #11305828)
Subject: RE: Poolte, Powell, interest rates



Central IA
Terrible job!
Didn’t comment on giving massive stimulus as inflationary.

Waited too long as inflation was transitionary.

Raised too fast, fastest in history. Cut without data before election.

Gave what data must be to cut this year would be. Got that data and changed the rules and commented on tariffs. Again, has never committed on policy before.

Also, Biden did appoint during his term. Yes Trump appointed, but term was up.

High rates are inflationary to housing market. As lack of supply. Also, more investment would happen in manufacturing with some rate cuts.

Also, you see we had a budget surplus in June! Last time was Trumps last term. Wow. Also, last term for “T” wages grew faster than inflation. Can’t ever remember that happening in my life. And faster for low wage earners. Hmmm.

I’ll trust him some more. I’ll try and find my common ground instead of wining about a few things. We are farmers, you know top 1-2% of the wealthiest people in America.
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