• HubertManne@piefed.social
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    18 days ago

    this is exactly like his first term. I mean this one thing. Everything else has been much worse but this is how he got rates low before covid hit.

    • Pacattack57@lemmy.world
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      18 days ago

      Not the same at all like Covid. The difference between then and now is our recession was caused by reduced spending due to Covid and closed ports, again due to Covid.

      Our current situation is caused by idiotic foreign and international trade policy. No amount of reduced rates will cause foreign entities to spend more. Covid was reduced domestic spending. Now is reduced international spending.