xy5jn0
New Member
I'd place the blame on GM building shit cars. One of the worst car builders out there.
President Trump placed responsibility for recent stock market declines and this week’s General Motors plant closures and layoffs on the Federal Reserve during an interview Tuesday, shirking any personal responsibility for cracks in the economy and declaring that he is “not even a little bit happy” with his hand-selected central bank chairman.
In a wide-ranging and sometimes discordant 20-minute interview with The Washington Post, Trump complained at length about Federal Reserve Chairman Jerome H. “Jay” Powell, whom he nominated earlier this year. He argued that rising interest rates and other Fed policies were damaging the economy — including GM’s announcement this week that it was laying off 15 percent of its workforce — though he insisted that he is not worried about a recession.
“I’m doing deals and I’m not being accommodated by the Fed,” Trump said. “They’re making a mistake because I have a gut and my gut tells me more sometimes than anybody else’s brain can ever tell me.”