Jesus H. Christ, Himself, won't be able to get this economy back on track without the American People suffering excruciatingly high interest rates on borrowing money.
Absolute nonsense. The only thing required to get the economy back on track is for the federal government to stop spending money it doesn't have. Allow capital to flow to those who actually do create wealth instead of it being confiscated by an entity that creates no wealth. But then you are already on record here opposing that.
And if TBR NeverTrumpers insist on blaming him for the huge deficits incurred because of the Covid Stimulus handouts
I can't speak for the small handful of Never-Trumpers here. But for us #NeverLiberals, we fully understand that not only does the Executive Branch have veto power over the Legislature, but said branch is also the one put in charge of all the spending. The President also has the advantage of the Bully Pulpit which can go a long way towards influencing Congress, especially with the Senate under GOP control for all four years of Trump's Presidency. Only a weak-ass feckless schmuck would let Congress run over him roughshod, that is unless that schmuck was fully on board with all that spending from the get-go like Trump was.
During Ronald Reagan's presidency, I sold real estate in Washington, D.C. when fixed 30 year rates were so high, they enacted usury laws. A fixed 15% 30 year rate was a 'bargain'...if you could find it.
During Ronald Reagan's Presidency, the government actually borrowed money from the existing supply. In other words, they had to compete for those dollars. Hence, interest rates reflected that demand.
But during Trump's Presidency, the government didn't do that. Instead of competing for existing dollars, they simply printed up new ones to fund government, which allowed them to set interest rates near zero. And by doing so, they effectively stole the value of that money from everyone else through devaluation.
And all you guyz can dance around the minefield all you want with your phony 'concern' for him being railroaded in the courts at the moment. You're all liars who can't hide your glee while typing posts claiming the opposite.
You all make me sick to my stomach.
Show me where I lied.
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