Yeah, yeah, and that’s what we want, shutting down the very people who stand between the powerful and those with no power. Yeah, yeah! Let the propaganda continue.
🤣🤣🤣🤣 She lobbed him a couple sugar-coated softballs, and he responded with typical rehearsed political hack BS. He called Trump "America's Hitler." He didn't explain why he joined America's Hitler, or why he's done an 180 degree turnaround. The real reason is because he's willing to say or do absolutely anything, no matter how much harm it does to the country, as long as it benefits him personally.
Here is comment is “America has been suffering for the last three years” at the debate when asked about if Trump lost 2020 “I’m focused on the future” 😂😂😂
Yeah he should be #1 on ticket instead of senile Trump. The other day he on fox he was taking about how the audience reacted to him in the debate only problem was there was no audience. Trump is exactly what Biden was at least the dems had the sense to realise that. The cultist following of Trump will be the downfall. Moderate and sensible republicans (the ones called RINO) will not vote for him, Nikki Hailey votetd (the bird brain - Trump) won't vote for him. He's heading for a defeat like no other, the greatest of all time defeat.
@@alexanderspriggs6028it’s a sign of a booming stock market. the market has become less and less tied to actual production or anything with “real” value. the market has been booming out of control for a while now with brief interruptions for covid and one more since but it’s a new all time high every time you look up
Kamala Harris grew up in a middle-class household. For most of her childhood, they were renters during President Carter and during Reagan, her family was able to buy a house.
Honest question. “What’s the difference between what you’re doing and she is doing? They’re seemingly analogous.” “What do you think about this current event?”
Very well said JD. Unlike the kameleon who runs away from the press and even if she sits down for a scripted interview, she couldn’t give a direct answer but instead go on a word salad.
@@cindytuckenhagen are you taking about yourself? Which part of kameleon’s word salad do you understand? Since your candidate couldn’t answer a question without going circles, maybe you can answer the question for her.
It's important to view the Fed rates in context. The Fed targets an inflation rate of 2% as determined by the Personal Consumer Expenditures index. They adjust interest rates as needed to meet this target. When they see the inflation rate goijng above 2%, they raise interest rates to disincentivize credit borrowing, which should help slow spending. When they see it dipping below 2%, they lower interest rates to get more credit in and thereby increase spending.
You’re right. It isn’t nearly as much of a change as people need. That will take time. Economists predict there to be 2 more 0.25 point rate cuts later this year. Which should help new mortgage and credit rates.
“We the People of the United States, in Order to form a more perfect Union, establish Justice, insure domestic Tranquility, provide for the common defence, promote the general Welfare, and secure the Blessings of Liberty to ourselves and our Posterity, do ordain and establish this Constitution for the United States of America”.
look at the gas pumps prices are down! Why? To fool Americans! Just look at the Moms who go to the supermarkets! They have the grocery list on their phones with a total! That is all they can afford to buy! We have to take America back!
It was slowly raised to counteract the 237 basis point cut in 11 months under the previous administration. It was raised until unemployment started to increase signaling a reduction in consumer spending. It was held until that reduction was a trend. They are now slowly lowering it until the consumer spending increases. It is basic economics.
How could she possibly say that cutting rates would relieve inflation? The Fed literally raised rates to fight inflation! She should be writing for MSNBC, not the journal.
So I actually looked at the clip. For those of you actually interested in the truth it’s easy to find on RUclips. Vance was asked the question about the Fed cutting interest rates by a half a percent and its impact on inflation. The person who asked the question made it sound like cutting the interest rate by only a half percent would have a serious impact on inflation. That’s when the crowd booed. They weren’t booing reducing interest rates. They were booing the idea that only reducing them a half a percent, would fix inflation. So Vance’s response was that the Fed needs to reduce them further. I don’t care who you vote for. I’m just so fucking tired of misinformation. Especially misinformation that is so easily verifiable. These politicians, though they know that you are lazy and won’t do the work to actually look them up yourselves. That’s the reason why fine people on both sides has still hung around despite even Snopes saying that it’s false. You people are lazy.
This many people can't be this dumb. Lowering interest rates is horrible for the average person. The only people this helps are big banks. We need to stamp out inflation. Housing inflation is still insanely high at 5.2%. This will make inflation go up and will make all of our lives harder.
Look at all those backwoods, small town, libertarian, yee haw fad in the background! Better not try that in a large city bumpkins stay out of DC in January or get Ashley Babbited!
At Yale Amy Lynn Chua ‘introduced’ Vance to USHA CHILUKURI who was a teacher at Sun Yat-sen University in Guangzhou, China. This has been the plan ever since The National People's Congress recruited a number of India women to get pregnant and come to the US. Vance’s mother-in-law being one of them.
😂😂😂😂 1/2 point so everyone should be jumping up an down😂 an yes Trump wasn’t appointed , the group that cries Democracy didn’t even get to elect their nominee! To Funny
Interest rate cuts DO NOT ALLEVIATE inflation. If anything they accelerate it. It puts more money supply into the system. Obviously a reporter that does not understand basic money supply.
The spokesperson for people who dont undersrand economics. We are fucked and half the country wants it to happen cause they are easily distracted by word salads.....
@@todddavis5433 prices went up because of Covid. When the pandemic ended they just kept the prices high. I'm tired of everyone blaming the inflation on our president and VP. Everything went up during the pandemic. Look what Trump did about the pandemic. He waited to long before he even did anything about it. Now he's telling Americans that legal immigrants are eating dog and cat in Springfield, Ohio. He's just such a big liar. And this is the man people want in office.
@@ladyrobynwhatever4971 answer this. Why when prices jumped high during covid pandemic and never came back down after it was over. Everything went up and never came down.
@@JoeKelemen-ql5cb Are you saying it is impossible for them to ever come down . Why are the candidates saying they have a plan to lower inflation and fix the economy? Are you saying that can never be done. They are both lying to us all. We should all be pissed.
It’s hilarious that this site is called Forbes and no one in the comment section has any idea about economics. I’m also surprised of all the right wingers on here. You know Forbes is owned by a Hong Kong based company, China
It may not be to help the incumbent as much as the cut is designed to hurt the next administration. If history repeats itself again, a major recession could manifest within 6 months or so. 10 out the last 11 times when rates were cut after a extended period of high rates, a recession immediately followed after a short bump in the economy.
I'm old enough to remember 2019 and 2020. In July 2019, the FFER was 2.42%. Aug 2019: 2.13% Sep 2019: 2.03% Oct 2019: 1.83% Nov 2019: 1.55% COVID-19 still hadn't hit the US. Feb 2020: 1.58% Mar 2020: 0.65% Apr 2020: 0.05% The pandemic recession wasn't declared until the end of July as it takes 2 consecutive 0% or negative quarters and reports are 30 days after a quarter ends. If cutting 50 basis points today is the end of the world, what does that say about cutting 87 basis points in 5 months in "the greatest economy ever?" Economics 101 says you don't cut your central bank rate during a "great economy." You don't need to. If Trump wins, the FFER will be nearly 0% before 2025 ends. The same MAGA whining right now will be praising.
I'm old enough to remember the 1980's. The rate cut is because the data is pointing to an incoming recession. If everything was great, there would be no reason to cut ratee.
@@4dscdriver Then you must agree that rates were cut 87 basis points in 2019 because the data pointed to a recession. If you don't agree with that, you're playing hypocritical politics.
@@JoshBeards i don't play politics, i'll leave that to you. I just state facts. I don't disagree with what you are saying, but I do remember when rates were way higher.
@4dscdriver I do as well. The 2.42% we had in early 2019 was historically low. They didn't need cut. They were already cut too far. They needed left alone, and any cut shouldn't have been until the summer of 2020 if at all. A failed businessman needed a break on his loans he couldn't pay. Bush saw 12 consecutive quarters with +3% GDP, and the FFER wasn't much lower than it is today. A FFER around 4% isn't bad. Around 0.05% is failure.
Well clearly the person asking the question is financially illiterate, cutting interest rates will increase inflation.. Because it creates money and inflation is more dollars chasing the same amount of goods
I wouldn’t be so sure of that. 1) To be a WSJ reporter, you have to be somewhat educated, especially on economics. 2) Short term borrowing rates are expected to decrease (credit card rates, and eventually mortgage rates), and that’s expected to cost people less. But these things will take some time.
Meanwhile, the 3 major indices of the stock market hit new all-time highs and Trump's own stock - DJT - loses value every day. Whattsamatter, folks? Not confident in his Truth Social stock? I wonder how many people will invest in his Crypto business.
Lol they started booing an actual legitimate question about the economy they’ve been complaining about. Like why boo when you want him to be asked questions?
honestly why r they booing the rate cut i don’t even understand why ????
Yep
Well I’d wager that some smart folks started booing her when she confused rate cuts as deflationary.
You show em how it’s done JD 👏🏻👏🏻
Vance shut that reporter down hard. Great response.
Yeah, yeah, and that’s what we want, shutting down the very people who stand between the powerful and those with no power. Yeah, yeah! Let the propaganda continue.
🤣🤣🤣🤣 She lobbed him a couple sugar-coated softballs, and he responded with typical rehearsed political hack BS.
He called Trump "America's Hitler." He didn't explain why he joined America's Hitler, or why he's done an 180 degree turnaround. The real reason is because he's willing to say or do absolutely anything, no matter how much harm it does to the country, as long as it benefits him personally.
Here is comment is “America has been suffering for the last three years” at the debate when asked about if Trump lost 2020 “I’m focused on the future” 😂😂😂
BRUH WHO THE HELL BOOS AT LOWERING INTEREST RATES! Gat damn what a cult
Love this guy. He is the future of the Republic Party
OMG
I hope so, everything he says makes dems look better
Yeah he should be #1 on ticket instead of senile Trump. The other day he on fox he was taking about how the audience reacted to him in the debate only problem was there was no audience. Trump is exactly what Biden was at least the dems had the sense to realise that. The cultist following of Trump will be the downfall. Moderate and sensible republicans (the ones called RINO) will not vote for him, Nikki Hailey votetd (the bird brain - Trump) won't vote for him. He's heading for a defeat like no other, the greatest of all time defeat.
@@RedsundogDoesn't matter, u cant even recognise a male and a female 😂
I hope that he will be the future president on 2028.
Amen JD Vance!! Thats exactly the scenario
JD COME TO TEXAS PAAAALEASE!!
The people will see nothing.
Already lower intrest rates on home loans whoops only took 14 hours for you to be wrong
JD Vance rocks...steady as a rock. Prices stay the same and interest rates dont help really.
They help mortgage rates and the cost of borrowing money in other ways.
But they do not help at the grocery store or sticker items.
Well spoken J D
Everyone that loves freedom and knows that a half per Cent is Just a drop water on a stone knows that it has to be great again.
Vance is great!
Trump JD Vance 2024🙏🇺🇲🇺🇲🇺🇲🇺🇲🇺🇲🇺🇲🇺🇲
The truth is out there. You just have to find it and believe it.
JD's on the right track. He's smart and loyal, part of a new breed of conservatives.
Smart? How did the inflation reduction act create inflation that was experienced around the world..
Wow, He is good. And Right!
You're going to do it so proud sir
He is very good. I didn’t know much about him before this
I would have been embarrassed to of asked such a illiterate question
Why?
I would be embarrassed by your grammar.
Seemed like a pretty fair question.
Why would you be embarrassed to ask a fair and worthwhile question?
never should have cut. Inflation is the most important problem. Stock market is already at all time highs.
The stock market being at all time highs isn’t a sign of inflation. It’s a sign of a booming economy.
Your comment doesn’t make any logical sense.
@@alexanderspriggs6028it’s a sign of a booming stock market. the market has become less and less tied to actual production or anything with “real” value. the market has been booming out of control for a while now with brief interruptions for covid and one more since but it’s a new all time high every time you look up
"Inflation Explosion Act". 🤣🤣🤣
Interest rates go down and people boo lol what idiots
My man 👏👏👏
TRUMP /VANCE 2024 !!!!!!!!!!!!!!!
Trump to be sentenced on Nov 18, 2024. Vance, go back to your cat.
@@ptr1537don't forget the couch. It might get lonely....
Ouch!!
This guy has a very bright future, good luck and best wishes
Kamala Harris grew up in a middle-class household. For most of her childhood, they were renters during President Carter and during Reagan, her family was able to buy a house.
She said middle class, like it was the struggle. Middle class in the 80s and 90s were considered rich
Que Mala Harris?
Oh...and they were proud of their LAWNS!! 😂
ever heard of the interest rate in the 1980s ?
Which candidate knows what it’s like to live a normal life as a normal American
Loaded questions
Honest question. “What’s the difference between what you’re doing and she is doing? They’re seemingly analogous.” “What do you think about this current event?”
Did they just boo lowering interest rates? Is it because Trump didn't make that happen?
Lower interest rates, inflation on the come down?
Boooooo boooooo
😅😅😅 Why? Booo
Smartest of the 4 people running
Very well said JD. Unlike the kameleon who runs away from the press and even if she sits down for a scripted interview, she couldn’t give a direct answer but instead go on a word salad.
Willfully BLIND is how I’d describe you. 😡
@@cindytuckenhagen are you taking about yourself? Which part of kameleon’s word salad do you understand? Since your candidate couldn’t answer a question without going circles, maybe you can answer the question for her.
Take an Econ 101 class buddy
It's important to view the Fed rates in context.
The Fed targets an inflation rate of 2% as determined by the Personal Consumer Expenditures index. They adjust interest rates as needed to meet this target. When they see the inflation rate goijng above 2%, they raise interest rates to disincentivize credit borrowing, which should help slow spending. When they see it dipping below 2%, they lower interest rates to get more credit in and thereby increase spending.
JD just keeps getting better!! Call Kamala out😡😡😡
How do people actually think This is good? Low interest rates are good for people. How are these idiots booing?
And Social Security payments just had a mighty jump from rising stock market.
What a circus 🤹♂️
A half of a point reduction is like throwing a deck chair off the Queen Mary.
I’ve seen news about it but only 1/2 a point does not make a difference
You’re right. It isn’t nearly as much of a change as people need.
That will take time. Economists predict there to be 2 more 0.25 point rate cuts later this year. Which should help new mortgage and credit rates.
You tell’m JD boooo lower interest rates booo.
Vance is truly a disgrace.
“We the People of the United States, in Order to form a more perfect Union, establish Justice, insure domestic Tranquility, provide for the common defence, promote the general Welfare, and secure the Blessings of Liberty to ourselves and our Posterity, do ordain and establish this Constitution for the United States of America”.
My favorite part was when he said "It's Vancing time" then proceeded to Vance all over the place
The real question is why now after doing nothing for almost 4 years? Let that sink in, it doesn't take a rocket scientist to figure out why, Democrats
look at the gas pumps prices are down! Why? To fool Americans! Just look at the Moms who go to the supermarkets! They have the grocery list on their phones with a total! That is all they can afford to buy! We have to take America back!
😂You all love being mad more than anything.
Probably because Trump ordered them to block everything to make Biden look bad so in the election he can use it as a weapon
It was slowly raised to counteract the 237 basis point cut in 11 months under the previous administration. It was raised until unemployment started to increase signaling a reduction in consumer spending. It was held until that reduction was a trend. They are now slowly lowering it until the consumer spending increases.
It is basic economics.
@@JoshBeards Im glad there is one other person who actually understands economics in this comment section, jfc...
How could she possibly say that cutting rates would relieve inflation? The Fed literally raised rates to fight inflation! She should be writing for MSNBC, not the journal.
No wonder most people don’t follow politics. This is some dorky sh!t
So I actually looked at the clip. For those of you actually interested in the truth it’s easy to find on RUclips. Vance was asked the question about the Fed cutting interest rates by a half a percent and its impact on inflation. The person who asked the question made it sound like cutting the interest rate by only a half percent would have a serious impact on inflation. That’s when the crowd booed. They weren’t booing reducing interest rates. They were booing the idea that only reducing them a half a percent, would fix inflation. So Vance’s response was that the Fed needs to reduce them further. I don’t care who you vote for. I’m just so fucking tired of misinformation. Especially misinformation that is so easily verifiable. These politicians, though they know that you are lazy and won’t do the work to actually look them up yourselves. That’s the reason why fine people on both sides has still hung around despite even Snopes saying that it’s false. You people are lazy.
Just in time for the election! 😂😂😂
great way to demonstrate your ignorance lmao
Hey reporter! Kamala said my values haven't changed. Enough said.
the guy is lying to their face and they like it
The reporter says alleviate inflation for families 😆 more like make inflation a lot worse and people are cheering for their financial demise 🤦♂️
That’s a nice tie
Govt needs to remove red tape and allow more houses to be built, and better and faster
Vance is despicable
Why is he not in the dog town in Ohio?
"Cutting interest rates are going to lower inflation." Does this lady understand what diahrreah is coming out of her mouth?
This many people can't be this dumb. Lowering interest rates is horrible for the average person. The only people this helps are big banks. We need to stamp out inflation. Housing inflation is still insanely high at 5.2%. This will make inflation go up and will make all of our lives harder.
None of those people behind him know what he just said lol.
Must be a Democrat plant.
Look at all those backwoods, small town, libertarian, yee haw fad in the background! Better not try that in a large city bumpkins stay out of DC in January or get Ashley Babbited!
Why boo lowered intrest?
Hope they replace Jerome and get a few outsiders in to run the Fed
The only reason the loss of over 800K jobs was announced to the public is to set up this interest rate cut.
So, he wants inflation to increase.
❤
Without watching the video, I’m going to guess that a free press journalist gets booed and Vance plays victim
At Yale Amy Lynn Chua ‘introduced’ Vance to USHA CHILUKURI who was a teacher at Sun Yat-sen University in Guangzhou, China. This has been the plan ever since The National People's Congress recruited a number of India women to get pregnant and come to the US. Vance’s mother-in-law being one of them.
😂😂😂😂 1/2 point so everyone should be jumping up an down😂 an yes Trump wasn’t appointed , the group that cries Democracy didn’t even get to elect their nominee! To Funny
Interest rate cuts DO NOT ALLEVIATE inflation. If anything they accelerate it. It puts more money supply into the system. Obviously a reporter that does not understand basic money supply.
Btw, what happened to the WSJ? When did they go woke?
We’re not going to make it… cut rates now or Trump will.
The spokesperson for people who dont undersrand economics. We are fucked and half the country wants it to happen cause they are easily distracted by word salads.....
Prices are high because of the Covid pandemic. And now stores are Price gouging.
there is a 1-3 % profit margin that the grocery industry make. That is not price gouging. I reporting this with respect for you.
It's not price gouging when businesses have to raise prices to keep up with cost because of inflation from government spending
@@todddavis5433 prices went up because of Covid. When the pandemic ended they just kept the prices high. I'm tired of everyone blaming the inflation on our president and VP. Everything went up during the pandemic. Look what Trump did about the pandemic. He waited to long before he even did anything about it. Now he's telling Americans that legal immigrants are eating dog and cat in Springfield, Ohio. He's just such a big liar. And this is the man people want in office.
@@ladyrobynwhatever4971 answer this. Why when prices jumped high during covid pandemic and never came back down after it was over. Everything went up and never came down.
@@JoeKelemen-ql5cb Are you saying it is impossible for them to ever come down . Why are the candidates saying they have a plan to lower inflation and fix the economy? Are you saying that can never be done. They are both lying to us all. We should all be pissed.
It’s hilarious that this site is called Forbes and no one in the comment section has any idea about economics. I’m also surprised of all the right wingers on here. You know Forbes is owned by a Hong Kong based company, China
Wow, WOW....JD just tellin it like it is! 👏
TRUMP 👉 VANCE 2024 🇱🇷❤️🇱🇷❤️🇱🇷❤️🇱🇷
Unburdening Americans from what has been!!!!!
WHY NOW? Is this to benefit Democrats? That Powell is election INTERFERENCE!
It may not be to help the incumbent as much as the cut is designed to hurt the next administration. If history repeats itself again, a major recession could manifest within 6 months or so. 10 out the last 11 times when rates were cut after a extended period of high rates, a recession immediately followed after a short bump in the economy.
No. Not related.
Did the exact same thing in 2019 infact Powell was appointed by trump was that interference?
I'm old enough to remember 2019 and 2020. In July 2019, the FFER was 2.42%.
Aug 2019: 2.13%
Sep 2019: 2.03%
Oct 2019: 1.83%
Nov 2019: 1.55%
COVID-19 still hadn't hit the US.
Feb 2020: 1.58%
Mar 2020: 0.65%
Apr 2020: 0.05%
The pandemic recession wasn't declared until the end of July as it takes 2 consecutive 0% or negative quarters and reports are 30 days after a quarter ends.
If cutting 50 basis points today is the end of the world, what does that say about cutting 87 basis points in 5 months in "the greatest economy ever?" Economics 101 says you don't cut your central bank rate during a "great economy." You don't need to.
If Trump wins, the FFER will be nearly 0% before 2025 ends. The same MAGA whining right now will be praising.
I'm old enough to remember the 1980's. The rate cut is because the data is pointing to an incoming recession. If everything was great, there would be no reason to cut ratee.
@@4dscdriver Then you must agree that rates were cut 87 basis points in 2019 because the data pointed to a recession. If you don't agree with that, you're playing hypocritical politics.
@@JoshBeards i don't play politics, i'll leave that to you. I just state facts. I don't disagree with what you are saying, but I do remember when rates were way higher.
@4dscdriver I do as well. The 2.42% we had in early 2019 was historically low. They didn't need cut. They were already cut too far. They needed left alone, and any cut shouldn't have been until the summer of 2020 if at all. A failed businessman needed a break on his loans he couldn't pay.
Bush saw 12 consecutive quarters with +3% GDP, and the FFER wasn't much lower than it is today. A FFER around 4% isn't bad. Around 0.05% is failure.
@@JoshBeardsIn 2021 we had a recession and people don’t realize we did til this day.
Folks booing this. 😂 Hilarious. MAGA roots for the worst.
Powell was appointed by jd's orange god and did the exact same thing in 2019 hence the current inflation
Poor Trump can't "abort" JD Vance. Trump has to carry JD to full term.
All tbese bots in here lol😂
So according to him, Kamala caused the world wide inflation 😂. This dude is hilarious.
Well clearly the person asking the question is financially illiterate, cutting interest rates will increase inflation.. Because it creates money and inflation is more dollars chasing the same amount of goods
I wouldn’t be so sure of that.
1) To be a WSJ reporter, you have to be somewhat educated, especially on economics.
2) Short term borrowing rates are expected to decrease (credit card rates, and eventually mortgage rates), and that’s expected to cost people less. But these things will take some time.
Stock market up ,DJT 14
TRUMP 2024 and JD Vance is now proving why he is there.
They are booing a -.5% point? It was between -.25 or -.5, so we got a bigger cut than most were expecting.
Lowering interest rates will increase inflation… reporter said it would alleviate it 🤣
Meanwhile, the 3 major indices of the stock market hit new all-time highs and Trump's own stock - DJT - loses value every day.
Whattsamatter, folks? Not confident in his Truth Social stock?
I wonder how many people will invest in his Crypto business.
Smart ppl boo when they know they’re being sold shit, dusted with gold flakes. They cut them a half of a percent weirdo.
Davis Frank Hall Eric Wilson Sarah
Lol they started booing an actual legitimate question about the economy they’ve been complaining about. Like why boo when you want him to be asked questions?
Only a MGGA audience can boo something which directly benefits them!
With the talk of Elon and Joe about XAI770K I actually have hopes again
Hillbilly Vance ate my pet raccoon!!!!!!!!
Now you know your mama cooked that for you too eat last nite.
And you still have the lowest rating for a VP candidate
XAI770K from Elon? Count me in. That man knows how to make history.
With XAI770K, Elon's showing us what's next. Can't wait to see it in action.
DJ Lance knows about economic stuff. He’s smart.
Elon's at it again with XAI770K. That man doesn't know how to not innovate.
Surely Trump was aware on XAI770K and made sure it will help for a global shift
❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤
Great with XAI770K most will open their eyes now