Current events discussion

Trump has already stated he is going after credit card companies and placing a percentage cap on them. He's talking about a 10% cap.
How will he implement that when he doesn't control credit card interest rates? Do you think Congress will vote yes, when it's huge money being lost by the banks? The banks who spent $7 BILLION on lobbying efforts in less than a decade?

Will it be the same way he is going to "drop prices" on consumer goods, when the federal government has no authority to tell a business what they can charge for goods, or how much profit they can make?
 
How will he implement that when he doesn't control credit card interest rates? Do you think Congress will vote yes, when it's huge money being lost by the banks? The banks who spent $7 BILLION on lobbying efforts in less than a decade?

Will it be the same way he is going to "drop prices" on consumer goods, when the federal government has no authority to tell a business what they can charge for goods, or how much profit they can make?
You still have so much to learn about the economy and how it works. For a fact, I have explained this to you more than once, so write this down. Lower the over-head costs, and prices come down.

As for credit cards, yes, the president does have the authority to control interest by credit cards, just like he capped the percentage rates from payday loans, which the dems lifted in 2021, allowing Payday Loans to continue to charge up to %150 percent interest. Go Dems!!!
 
False nice try the the idea the parties flipped has been disproven many times.

A 24 y.o. podcaster with no known bona fides has disproved decades of historical info by experts?
Interesting.

here's the problem with her YouTube episode: she's disproving a party flip that she claims happened in the 1960s. The party flip happened in the late 1800s.

Regardless, can you tell me her background and her credentials to make a decision that contradicts so much info known by so many experts?
 
Except the Democrat party of that time is the Republican party of today.
A rose by any other name is still a rose.
Wrong again Rob. Nice try though. However, that was a very childish attempt at trying to redirect blame. LOL...

If you pay attention, you will see that the Republicans continue to be more accepting than others. Haven't you noticed who just won the election? People are realizing how wacked the dems agendas are.
 
A 24 y.o. podcaster with no known bona fides has disproved decades of historical info by experts?
Interesting.

here's the problem with her YouTube episode: she's disproving a party flip that she claims happened in the 1960s. The party flip happened in the late 1800s.

Regardless, can you tell me her background and her credentials to make a decision that contradicts so much info known by so many experts?
You didn't watch the video did you🤣🤣 in my 8-month vacation i almost forgot that is how you are.
 
You still have so much to learn about the economy and how it works. For a fact, I have explained this to you more than once, so write this down. Lower the over-head costs, and prices come down.

As for credit cards, yes, the president does have the authority to control interest by credit cards, just like he capped the percentage rates from payday loans, which the dems lifted in 2021, allowing Payday Loans to continue to charge up to %150 percent interest. Go Dems!!!
You don't understand that the POTUS has no such power, but think you somehow know more about the economy than me?

Tell me: What is the president's direct power to "lower the overhead costs" without government stepping in and taking over private industry?
 
You don't understand that the POTUS has no such power, but think you somehow know more about the economy than me?

Tell me: What is the president's direct power to "lower the overhead costs" without government stepping in and taking over private industry?
I have already proven, numerous times, that I know more about the economy than you. AND to prove it again, Trump will lower overhead costs by lowering the cost of energy, which he has done once before. In case you still don't understand, if it costs less to turn on the lights and run the equipment, the overhead costs go down. If it costs less to deliver products, due to lower gas prices, the overhead costs go down.
 
You didn't watch the video did you🤣🤣 in my 8-month vacation i almost forgot that is how you are.
Just because somebody put a video on YouTube, doesn't mean they are correct.

What is it about her that would compel me to watch her video where she singularly disproves the concept?
What is her background? Her expertise? Published works on the subject?

I assume you know these things as you would not just accept it as true simply from a YouTube video.
That would be careless.
 
I have already proven, numerous times, that I know more about the economy than you. AND to prove it again, Trump will lower overhead costs by lowering the cost of energy, which he has done once before. In case you still don't understand, if it costs less to turn on the lights and run the equipment, the overhead costs go down. If it costs less to deliver products, due to lower gas prices, the overhead costs go down.
How will he "reduce the cost of energy", and what percent of energy costs make up the total cost of production, on average?

I'm interested in the actual plans and methods. For example: will he assume control of private oil companies in order to lower prices (and profits)?
Will he reduce prices by subsidies to the oil companies? Will he force foreign suppliers to drop prices (through military action?)?

Details.
 
Whatever you have to say to make that little TDS-filled mind sleep at night. 🤣
Huh?
You claim that known history has been disproved by a podcaster and that I should accept her YouTube video as proof, but when I ask WHY, it's due to "TDS-filled mind"?

Are you saying that wanting proof of a dubious claim is "derangement"?

So as a not-deranged person, you simply believe every claim you hear or read?
 
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