I agree. Dem voters aren't to blame. Joe frickin Biden and the MAGA nut jobs are to blame. |
? cite your source. https://www.usatoday.com/story/money/2025/03/31/trump-tariffs-benefits-costs/82700560007/
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Interest rates, mortgage rates are coming down. .62% drop in ten year yield. Already the government is paying over a trillion dollars a year in interest. If rates hit 6% this will be over two trillion dollars a year on a debt that would be increasing by even more than that. The current paid rate is around 3% and will increase as debt rolls over. Getting rates from 4.79 to 4.17 is significant, and even more significant if it goes down to 3%, and thus stops the increase in interest payments. |
Numbers are a variable science. Emotions are a fixed science. |
Does it help if interest and mortgage rates are low if no one can afford to buy anything? |
Yes, Goober, lower rates is an economic stimulant. Lower rates make it more possible for people to finance purchases. Geesh |
Obama was a legitimate POTUS. Trump and Biden are complete and utter garbage. We must do better! |
Oh, I guess you missed Cory Booker’s epic speech? Too bad. As it turns out, Democrats can do things even as minority party. Number one on their agenda was showing everyone how they want to protect men in women’s sports. Number two was protesting everything awful Trump is doing and finally (!!!) they managed to do it, thanks to Booker. But we all saw what the first item on the agenda was. |
Nope. Emotions are fickle, not fixed. The alternative to the current situation would be a President Harris who would continue to borrow money until the U.S. couldn't afford to pay it back. The midterms are 1.5 years from now, and we're already seeing both sides capitulate a bit. Ontario has indicated it would lift its tariffs if the U.S. did the same, Israel has already lifted them, other countries are following suit. President Trump indicated he would be willing to negotiate on tariffs, now that he has the world's attention. Likewise, the stock market has experienced a well-needed pullback after being overvalued based on historical metrics. |
Republicans as should be worried. They are more than complicit in trump's and muck's dismantling of our democracy. I am hoping for Dems to win 2/3 in the House and Senate and Democrats in can begin to undo the damage done by trump and the GOP traitors in the House and Senate. |
Cacao too. |
Interest rates are not coming down. Mortgage rates will only come down in response to housing costs crashing. |
Narrator: the rate of government spending has accelerated under Trump. |
Mortgage rates are tied to the bond market and not the supply/demand dynamic of the housing market. Mortgage rates will come down in almost synchronization with the stock market as investors flee for the bond safe-haven. Read. Think. Then post. |
Cite? Seems like President Trump is trying to CUT government spending, but for some reason, Democrats won't allow this? |