Patriot Journal Can you believe this? America’s economy is roaring back to life with 3% GDP growth. Tech giants like Microsoft and Meta are posting massive gains. But in secret, one Washington insider nobody voted for is quietly working to slam the brakes on our recovery. While regular Americans struggle with high interest rates on everything from mortgages to credit cards, this guy keeps making rules that help Wall Street insiders at Main Street’s expense.
Here’s what really gets me. The Federal Reserve touches every single American household. When interest rates stay high, that dream home? Forget it. Want to expand your small business? Good luck. Those credit card bills? They’re crushing family budgets. And get this—even though inflation is cooling and the economy is getting stronger, Fed Chair Jerome Powell held rates steady AGAIN this week. That’s five times in a row he’s refused to help American families.
From The Post Millennial:
President Donald Trump slammed Federal Reserve Chair Jerome Powell on Thursday morning after the Fed held interest rates steady once again. The president has been demanding that Powell decrease the interest rates for months.
Trump posted to Truth Social, “Jerome ‘Too Late’ Powell has done it again!!! He is TOO LATE, and actually, TOO ANGRY, TOO STUPID, & TOO POLITICAL, to have the job of Fed Chair.”
Powell’s Pattern of Failure
Let me break this down for you. This isn’t just one bad call. Powell keeps being “too late” on big economic moves. Always seems to do exactly what hurts American prosperity. Think about it—Trump’s been asking for rate cuts for months. Cuts that would help working families. But Powell? He just sits there and says no.
Look at the numbers. Inflation is lower now than when Trump took office. The economy just grew 3% last quarter. That’s huge! But Powell says he needs more time to “think about it.” Are you kidding me? How much more proof does this guy need?
The Trillion Dollar Problem
When Trump says Powell is costing us TRILLIONS, he’s not making it up. Every single month rates stay high means billions in extra interest payments. I’m talking about YOUR mortgage payment. YOUR credit card bill. YOUR car loan. Real money from real paychecks. Meanwhile, American businesses can’t compete because borrowing costs too much.
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