Trump and his allies are crying “election interference” over the Federal Reserve’s decision to slash interest rates
After months of complaining about the crippling burden of high interest rates and expensive borrowing, Republicans for some strange reason don’t seem too happy that the Federal Reserve has moved to do something about it.
On Wednesday, the Federal Reserve announced it is cutting interest rates by half a percentage point. It’s the first cut since 2020 and a long-awaited decrease to historically high interest rates.
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I once worked for an idiot who was a little high strung, and who responded to anything unexpected by getting angry. This exchange actually happened:
Other employee: “Hey boss, the bank called, they made a mistake, you actually have $100 more than you thought you had.”
Boss: “WHAT THE HELL AM I SUPPOSED TO DO WITH THAT?”
Hey I’m that idiot right now. I think I need anger management.