309
submitted 2 days ago* (last edited 2 days ago) by MicroWave@lemmy.world to c/politics@lemmy.world

Trump and his allies are crying “election interference” over the Federal Reserve’s decision to slash interest rates

After months of complaining about the crippling burden of high interest rates and expensive borrowing, Republicans for some strange reason don’t seem too happy that the Federal Reserve has moved to do something about it.

On Wednesday, the Federal Reserve announced it is cutting interest rates by half a percentage point. It’s the first cut since 2020 and a long-awaited decrease to historically high interest rates.


🗳️ Register to vote: https://vote.gov/

top 50 comments
sorted by: hot top controversial new old
[-] CharlesDarwin@lemmy.world 40 points 1 day ago

Uh, weren't these dipshits pissing and moaning about the rates being high?

[-] Red_October@lemmy.world 19 points 1 day ago

Which they would blame on Democrats. Any improvement under their opponents tenure has to be framed as a bad thing, lest voters notice something good happened with a Democrat in office.

[-] Etterra@lemmy.world 8 points 1 day ago

Also it's something they can't promise to do because it was just done. Kinda like how the orange idiot had his Congressional bootlickers kill the immigration bill.

[-] nova_ad_vitum@lemmy.ca 2 points 1 day ago

Making that promise inherently violates the independence of the federal reserve but I'm guessing none of Trump's knuckle dragging supporters know or care.

[-] GoofSchmoofer@lemmy.world 60 points 2 days ago

Remember when trump lashed out at FBI directory Comey when he produced a new piece of 'evidence' against Hilary in October of 2016, calling it 'election interference'?

... yeah me either.

[-] kinsnik@lemmy.world 49 points 2 days ago

If he thinks that any positive change in an election year is election interference, then that would explain 2020. Maybe it is not that he wanted the pandemic or that he was too incompetent to just let experts help us. He was too concerned with election interference! /s

[-] odelik@lemmy.today 122 points 2 days ago

What kind of weirdo gets mad when they get what they say they want?

[-] dhork@lemmy.world 115 points 2 days ago

A narcissist who wants to take the credit for it

[-] PP_BOY_@lemmy.world 79 points 2 days ago

Never forget that the border deal that Trump ordered senate Republicans to veto was one of the most comprehensive policy proposals in decades

[-] cultsuperstar@lemmy.world 6 points 1 day ago

They were supposed to wait until after he's elected to do it so he can take credit for it.

[-] Mountain_Mike_420@lemmy.ml 38 points 2 days ago

The repubs complain about the border, a border bill comes up. Republicans refuse to pass it.

[-] NotMyOldRedditName@lemmy.world 40 points 2 days ago

Mitch McConnell tables a bill.

Dems support it

Mitch McConnel fillibusters own bill

[-] rayyy@lemmy.world 5 points 2 days ago* (last edited 2 days ago)

Mitch McConnel fillibusters own bill

MAGAs would never work against their own country or be a shill for Putin, oh,,wait!

[-] Makeitstop@lemmy.world 12 points 2 days ago* (last edited 2 days ago)

I once worked for an idiot who was a little high strung, and who responded to anything unexpected by getting angry. This exchange actually happened:

Other employee: "Hey boss, the bank called, they made a mistake, you actually have $100 more than you thought you had."

Boss: "WHAT THE HELL AM I SUPPOSED TO DO WITH THAT?"

load more comments (1 replies)
[-] someguy3@lemmy.world 9 points 2 days ago* (last edited 2 days ago)

Weirdo that wanted them to do it when he's president, so he can say he did it.

[-] calabast@lemm.ee 90 points 2 days ago* (last edited 2 days ago)

Cloud passes in front of the sun, Trump calls 'election interference'

Trump drops his hamburger on the floor, calls 'election interference'

It's Thursday, Trump calls 'election interference'

[-] chiliedogg@lemmy.world 10 points 1 day ago

A violent mob invading the Capitol, committing murder in the process, specifically to interrupt the certification of the election?

Not election interference.

load more comments (12 replies)
[-] grue@lemmy.world 50 points 2 days ago

He's trying to destroy the meaning of the term just before him and his MAGA flying monkeys commit massive actual election interference.

[-] InverseParallax@lemmy.world 6 points 2 days ago

He's panicking.

If the race is close, he can make a play to cause enough violence to reverse the result, like in 2000.

But if it's an embarrassing blowout? His fat ass is going to jail.

[-] grue@lemmy.world 6 points 2 days ago* (last edited 2 days ago)

This isn't panic. Stealing power through sabotage and violence has been the plan for over four years. It's what all of MAGA's efforts have been put towards (cultivating fascist paramilitaries, corrupting the judiciary, infiltrating the elections bureaucracy with zealots, etc.). Hell, just look at Trump's campaigning: he's spent absolutely fuck-all effort trying to broaden his appeal to win more votes, but lots of effort trying to radicalize his base to coup for him.

He will make a play to seize power through violence, regardless of what the poll results are. That is his primary, intended, planned path to victory.

[-] InverseParallax@lemmy.world 4 points 2 days ago

No, you're wrong.

He's a complete, delusional narcissist, he genuinely believes most of America loves him, it's just his enemies who cheat to win. This is true in every setting for him, business, legal, personal, everything.

He was sure he would win 2024 in a walk and blow Biden out of the water, and he's shocked a woman, a half n-word/half curry-head WOMAN of all people is threatening him!

You can't understand how he thinks, you have to have been raised by them, he is a devout follower of the religion of Donald J Trump.

[-] grue@lemmy.world 3 points 2 days ago

I'm not wrong; I'm just describing a different aspect of the situation than you are. I'm explaining what he's doing, while you're explaining how he deludes himself into thinking he's justified for doing it.

[-] InverseParallax@lemmy.world 2 points 2 days ago

You said his original plan was to use violence.

I'm saying his original plan was to not need violence, obviously he would win legitimately, he's Donald J Trump.

And if there's any chance his enemies will try to steal what's rightfully his (ie America), he will use as much violence as he can to make them forever regret it.

[-] WatDabney@sopuli.xyz 92 points 2 days ago

Even as cynical as I am, it astonishes me that the Republicans have become entirely up-front about the fact that they don't really give a shit about the American people and are only interested in how policy decisions affect them personally.

It's not just the case that they'll institute harmful policies if they can blame the Democrats for them or oppose beneficial policies that they can't claim credit for themselves, but that they do it openly and obviously.

And their wholly emotion-driven supporters remain completely oblivious...

[-] Gradually_Adjusting@lemmy.world 12 points 2 days ago

It's really hard to make sense of their actions if you aren't thinking of them as literal enemies of the republic.

[-] HubertManne@moist.catsweat.com 50 points 2 days ago

and lets not forget trump harrassed the fed to drop them to zero before covid which is how we got the inflation at the end of his term.

[-] lemming741@lemmy.world 23 points 2 days ago

Everyone overlooks that. It's the only knob we have and he abused it and we paid the price.

load more comments (5 replies)
[-] xmunk@sh.itjust.works 19 points 2 days ago* (last edited 2 days ago)

Bitchboi who committed election interference calls everything election interference to try and deflect...

You know what this reminds me of? A fucking six year old.

[-] InverseParallax@lemmy.world 3 points 2 days ago

Umm.

He also committed wire fraud to get lower interest rates on his loans by claiming false valuations.

Think he's awaiting sentencing for that.

[-] _bcron@lemmy.world 15 points 2 days ago* (last edited 2 days ago)

Dumbass complains that it is allegedly a political move but also wants Presidents to be able to dictate the Fed's decisions.

Everything that happens that isn't to his benefit is a conspiracy to make him look bad. Everything that happens to his benefit was hard-earned and well-deserved.

Fucking 80 year old baby wears diapers and people can attest to it. Smells like shit, cries, drools, no impulse control when it comes to random tits, can barely form a coherent sentence. No wonder his cabinet was a revolving door of blood relatives and his wife can't be bothered to leave NY to visit him. Sad sad guy

[-] ShaggySnacks@lemmy.myserv.one 5 points 2 days ago

Everything that happens to his benefit was hard-earned and well-deserved.

Said every billionaire ever.

[-] BigMacHole@lemm.ee 14 points 2 days ago

Republicans getting Mad when Good Things happen to the Working Class is PROOF that DEMOCRATS Hate the Working Class!

load more comments (2 replies)
[-] Nougat@fedia.io 12 points 2 days ago

When half a percent is SLASHING!!!!!!!!

[-] ryper@lemmy.ca 21 points 2 days ago

They usually only move the rate a quarter percent at a time, so technically this is a big drop

[-] cogitase@lemmy.dbzer0.com 11 points 2 days ago

They had a number of 0.5% or greater increases in 2022, two drops going into the pandemic, etc.

load more comments (1 replies)
[-] edgemaster72@lemmy.world 9 points 2 days ago

It's the opposite side of the coin of them taking credit for infrastructure improvements in their districts when they voted against that bill

load more comments
view more: next ›
this post was submitted on 20 Sep 2024
309 points (98.1% liked)

politics

18904 readers
3603 users here now

Welcome to the discussion of US Politics!

Rules:

  1. Post only links to articles, Title must fairly describe link contents. If your title differs from the site’s, it should only be to add context or be more descriptive. Do not post entire articles in the body or in the comments.
  2. Articles must be relevant to politics. Links must be to quality and original content. Articles should be worth reading. Clickbait, stub articles, and rehosted or stolen content are not allowed. Check your source for Reliability and Bias here.
  3. Be civil, No violations of TOS. It’s OK to say the subject of an article is behaving like a (pejorative, pejorative). It’s NOT OK to say another USER is (pejorative). Strong language is fine, just not directed at other members. Engage in good-faith and with respect! This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban.
  4. No memes, trolling, or low-effort comments. Reposts, misinformation, off-topic, trolling, or offensive.
  5. Vote based on comment quality, not agreement. This community aims to foster discussion; please reward people for putting effort into articulating their viewpoint, even if you disagree with it.
  6. No hate speech, slurs, celebrating death, advocating violence, or abusive language. This will result in a ban. Usernames containing racist, or inappropriate slurs will be banned without warning

We ask that the users report any comment or post that violate the rules, to use critical thinking when reading, posting or commenting. Users that post off-topic spam, advocate violence, have multiple comments or posts removed, weaponize reports or violate the code of conduct will be banned.

All posts and comments will be reviewed on a case-by-case basis. This means that some content that violates the rules may be allowed, while other content that does not violate the rules may be removed. The moderators retain the right to remove any content and ban users.

That's all the rules!

Civic Links

Register To Vote

Citizenship Resource Center

Congressional Awards Program

Federal Government Agencies

Library of Congress Legislative Resources

The White House

U.S. House of Representatives

U.S. Senate

Partnered Communities:

News

World News

Business News

Political Discussion

Ask Politics

Military News

Global Politics

Moderate Politics

Progressive Politics

UK Politics

Canadian Politics

Australian Politics

New Zealand Politics

founded 1 year ago
MODERATORS