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- #181
No shit really? Lol a president who is a business man should fail? Won’t many businesses hire more people?Interesting....as we watch Trump berate and publically insult Powell.
Trump’s company could save millions if interest rates fall like he wants
The Post notes that just a quarter-point reduction, which many investors now predict will occur in mid-September, could save Trump as much as $275,000 annually on just his Doral loan.
Bloomberg News reported that every quarter-point reduction could save Trump $850,000 annually, which would create more than $3 million in annual savings if the Fed dropped rates a full percentage point as Trump has demanded.
The Fed cut short-term rates by a quarter of a percentage point in July, the first such action in more than a decade.
Should we hire a business man to do your open heart surgery? You premise contains one big fallacy, that government can be run like a business.
Should we hire a business man to do your open heart surgery?
Or a community organizer...…?
Or a senator to run for office?