foregoneconclusion

hmlongco said:

The current Fed chair isn't that fond of Donald or vice-versa. Regardless, I think they're trying to preemptively combat the inflationary nature of Trump's proposed fiscal policies.

Raising interest rates is what combats inflation. Lowering rates in combination with price increases due to tariffs does not combat inflation. 

libertyandfree said:

DAalseth said:

Don’t bother trying to put lipstick on a pig. The next few years will be bad for everyone. Cook’s relationship with the man known for stabbing his friends in the back will not make any difference.

Well history of the first four years of the Trump Administration proved you wrong and most Americans, via the recent election, disagree with you.  

You should revisit Trump's use of tariffs from his first term. The soybean tariffs were such a disaster for American farmers that Republicans had to do a taxpayer funded bailout of those same farmers. So instead of boosting trade, it depressed trade and created debt levels so high that it could have destabilized American soybean production.

Yep...deciding not to burn the house down after threatening to burn the house down is what qualifies as "help" in 2024. 

ssfe11 said:

With the new administration set to enter in January it’s highly likely this very weak DOJ case will quietly go away. Definitely no need to waste taxpayer time and money. 

Wasting taxpayer money will be a priority. Republican administrations always produce more debt.

https://www.politifact.com/factchecks/2019/jul/29/tweets/republican-presidents-democrats-contribute-deficit/

What the DOJ has to prove:
A. That Apple does have monopoly control.
B. That Apple has used that monopoly control to harm the overall market.