@hightor,
Quote:I knew one of you would come up with that brilliant observation.
The question had to be asked, Obama was running around before and since the 2018 mid-terms bragging about the economy being his and how Trump deserves no credit. The oil boom and other such things... less than 2 weeks later and he's quiet. Now things have gone bad, now it's all Trump... you can see why I asked the question.
Quote:What's changed is that Trump's administration is thinly-staffed,
From what I understand, he's already made either temp appointments or is looking to fill those slots. I also understand that people come and go in an administration. It seems Trump has had a higher turn around rate, but some of that I'm sure comes from his business side where you don't keep people on that aren't effective or part of the team. Politicians have a tendency to keep underperforming people on board.
Quote:he's embarked on some trade policies which spooked investors
Haven't there been several new trade agreements signed with almost no coverage from the media. There was the G20 Mexico/Canada trade agreement signing, the media seemed more concerned with trivial things like hand shaking or the lack there of. The tariffs are still a thing though, lets hope China caves before we do.
Quote:, and he's openly threatening the independence of the Fed. A lot has changed. Try informing yourself.
He should threaten the Fed, they aren't even a part of the Federal govt, despite what their name says, in fact the Fed should see a full audit. You do realize the Federal Reserve isn't a govt agency?
Quote:The Federal Reserve Banks are not a part of the federal government, but they exist because of an act of Congress. ... While the Board of Governors is an independent government agency, the Federal Reserve Banks are set up like private corporations. Member banks hold stock in the Federal Reserve Banks and earn dividends.
