The Republican and Democratic Parties remain equally unpopular in the U.S. But Americans lean toward the GOP when it comes to safeguarding the nation's prosperity and military security.
Story Highlights
Republican and Democratic Parties viewed unfavorably on balance
Between the two, Republican Party trusted more on economy and security
GOP also ahead on which party can handle “most important problem”
What the poll is asking is “Of all the issues, which one is most important to you, and which party do you trust to handle it?”
So, in your case, yes, the most important issue is the rise of fascism, and the Democrats are the ones to handle it, but not everyone answering the poll puts that as their #1 issue.
My #1 issue would be interest rates, and given how they have continually risen under Biden, that’s not a good look for Democrats.
I still trust Biden > Trump on that issue, but I would be in a minority on that.
Oh, I’m doing fine. I’m no 1%er, but combined with my wife we broke the top 10% last year.
But here’s the thing… We bought a house and have a 3.25% interest rate, financially, that’s great for us… but we’re locked in now.
Anyone wanting to buy our house would be staring down 7%, which makes it harder for us to sell, and we would be faced with the same if we wanted to move or upgrade or downsize.
Everything is more expensive. People who banked savings during the pandemic are running out:
And as the economic crunch comes down, people start looking for someone to blame and that scapegoating causes a rise in fascism. There’s always some exploitable “other” out there looking to separate “you” from everything “you are owed”, and that’s how jack booted thugs gain power.
Hyperinflation in Germany was caused by the right wing intentionally running a printing press to devalue debts. High interest rates are the cure, not the problem. It pisses off the wealthy, but overall makes the economy more healthy.
You do know how appointments by the executive branch work, right? And who the head of the executive branch is, correct?
So, yes, the Biden administration has a direct responsibility for rising interest rates. If Biden wanted to lower them, he would tell the Fed to lower them.
That’s not how the fed works. Biden doesn’t tell Powell what to do. Powell isn’t “under” Biden in any sense of the word. He doesn’t answer to any president.
Policy is the sole responsibility of fed chair. End of story. It is not relevant who appointed them.
You just keep destroying your own argument more and more.
It’s really funny.
“Section 10 of the Federal Reserve Act of 1913 specifies that Fed governors can be “sooner removed for cause by the president.” The Fed chair is also considered a governor, meaning this provision likely extends to him or her as well, says Sarah Binder, professor of political science at George Washington University, who studies the Fed’s relationship with Congress.”
Further, we’ve done it before even without the “for cause” provision:
“The Truman administration forced Thomas McCabe to resign after about three years as Fed chair, appointing William McChesney Martin Jr. in his place, but no president has attempted to fire a Fed chief before using the “cause” provision.”
So, yes, absolutely, the President can (and has) replaced the Fed Chair.
What the poll is asking is “Of all the issues, which one is most important to you, and which party do you trust to handle it?”
So, in your case, yes, the most important issue is the rise of fascism, and the Democrats are the ones to handle it, but not everyone answering the poll puts that as their #1 issue.
My #1 issue would be interest rates, and given how they have continually risen under Biden, that’s not a good look for Democrats.
I still trust Biden > Trump on that issue, but I would be in a minority on that.
Why do you care more about interest rates than fascism?
The rise in fascism is, inherently, a pocketbook issue. The rise in German fascism was immediately preceeded by hyperinflation.
Preventing fascism starts by solving pocketbook issues.
Specifically, your pocketbook amirite
Oh, I’m doing fine. I’m no 1%er, but combined with my wife we broke the top 10% last year.
But here’s the thing… We bought a house and have a 3.25% interest rate, financially, that’s great for us… but we’re locked in now.
Anyone wanting to buy our house would be staring down 7%, which makes it harder for us to sell, and we would be faced with the same if we wanted to move or upgrade or downsize.
Everything is more expensive. People who banked savings during the pandemic are running out:
https://www.frbsf.org/our-district/about/sf-fed-blog/excess-no-more-dwindling-pandemic-savings/
And as the economic crunch comes down, people start looking for someone to blame and that scapegoating causes a rise in fascism. There’s always some exploitable “other” out there looking to separate “you” from everything “you are owed”, and that’s how jack booted thugs gain power.
Hyperinflation in Germany was caused by the right wing intentionally running a printing press to devalue debts. High interest rates are the cure, not the problem. It pisses off the wealthy, but overall makes the economy more healthy.
deleted by creator
You think the president controls interest rates? Lmfao. Interest rates have nothing to do with who is president. At all…ever.
Interest rates are controlled by the chair of the Federal Reserve, Jerome Powell.
Who nominates the chair of the Federal Reserve again? Ohhhh… riiiighht…
https://www.whitehouse.gov/briefing-room/statements-releases/2021/11/22/president-biden-nominates-jerome-powell-to-serve-as-chair-of-the-federal-reserve-dr-lael-brainard-to-serve-as-vice-chair/
https://www.nbcnews.com/business/economy/fed-chair-powell-calls-inflation-high-warns-more-interest-rate-hikes-rcna101800
So not the president as you asserted? Great glad you can admit you were wrong with proof.
Also this guy picked same as the last guy so you can blame this guy even less…
You just destroyed your own attack on Biden.
It’s like blaming Biden for following through with Trump’s plan to pull out of Afghanistan.
Partisan hacks like you are so predictable.
You do know how appointments by the executive branch work, right? And who the head of the executive branch is, correct?
So, yes, the Biden administration has a direct responsibility for rising interest rates. If Biden wanted to lower them, he would tell the Fed to lower them.
That’s not how the fed works. Biden doesn’t tell Powell what to do. Powell isn’t “under” Biden in any sense of the word. He doesn’t answer to any president.
Policy is the sole responsibility of fed chair. End of story. It is not relevant who appointed them.
You just keep destroying your own argument more and more. It’s really funny.
Who appointed them is absolutely relevant because just as they were appointed, they could be removed as well.
https://www.bankrate.com/banking/federal-reserve/how-the-president-can-influence-federal-reserve-powell/#p1
“Section 10 of the Federal Reserve Act of 1913 specifies that Fed governors can be “sooner removed for cause by the president.” The Fed chair is also considered a governor, meaning this provision likely extends to him or her as well, says Sarah Binder, professor of political science at George Washington University, who studies the Fed’s relationship with Congress.”
Further, we’ve done it before even without the “for cause” provision:
“The Truman administration forced Thomas McCabe to resign after about three years as Fed chair, appointing William McChesney Martin Jr. in his place, but no president has attempted to fire a Fed chief before using the “cause” provision.”
So, yes, absolutely, the President can (and has) replaced the Fed Chair.
You moved the goalposts.
You said pres determines interest rates.
Now you’ve changed that to President can replace fed chair.
You’ve been a perfect example of debating in bad faith as well as using fallacious arguments.
In other words sorry you’re wrong and you lost end of Convo.
Byeeeee