General Discussion

pampango

(24,692 posts) Wed Nov 4, 2015, 04:00 PM Nov 2015

Krugman: Trump's conspiracy theory that the Fed keeps interest rates low to help Obama is

a widely-held GOP CT.

The Conspiracy Consensus

So, are we supposed to be shocked over Donald Trump claiming that Janet Yellen is keeping rates low to help Obama? Folks, this is a widely held position in the Republican Party; Paul Ryan and John Taylor accused Ben Bernanke years ago of doing something dastardly by preventing the fiscal crisis they insist would and should have happened under Obama. If Trump’s remarks seem startling, it’s only because the press has soft-pedaled the conspiracy theorizing of seemingly respectable Republicans.

http://krugman.blogs.nytimes.com/2015/11/03/the-conspiracy-consensus/

6 replies

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Highlight:

Krugman: Trump's conspiracy theory that the Fed keeps interest rates low to help Obama is (Original Post) pampango Nov 2015 OP

this is what green spud did for GEORGEE"S shit economy. also what green spud hiked it up as the 2000 pansypoo53219 Nov 2015 #1

"... when those rates are raised, a lot of bad things are going to happen." Jim__ Nov 2015 #2

Seems the Frump loves to make Wellstone ruled Nov 2015 #3

Ralph Nader is also complaining that the Fed isn't raising rates. geek tragedy Nov 2015 #4

They were low under Dubya... joeybee12 Nov 2015 #5

Like LIBOR? Octafish Nov 2015 #6

pansypoo53219

(20,997 posts)

1. this is what green spud did for GEORGEE"S shit economy. also what green spud hiked it up as the 2000

Reply to pampango (Original post)

Wed Nov 4, 2015, 04:10 PM

Nov 2015

election was coming. now WALL STREET demands it. this is not helping.

Jim__

(14,083 posts)

2. "... when those rates are raised, a lot of bad things are going to happen."

Reply to pampango (Original post)

Wed Nov 4, 2015, 04:16 PM

Nov 2015

From an article at Reuters:

"They are not raising them because Obama has asked them not to raise them," Trump said, echoing similar comments he made in interviews last month. "He wants to get out of office, because we're in a bubble, and when those rates are raised, a lot of bad things are going to happen."

Gee Donald, could the fact that a lot of bad things are going to happen when the rates are raised be at least part of the reason that the Fed is not raising them?

Wellstone ruled

(34,661 posts)

3. Seems the Frump loves to make

Reply to pampango (Original post)

Wed Nov 4, 2015, 04:48 PM

Nov 2015

any grandiose statement for a sound bite. And the Stupid Media gives him a Megaphone. We are going to see these zero rates until wages increase and family incomes regain the twenty per cent they lost under the last Republican Rein. Isn't about time for the Frump to do another Bankruptcy?