Page 10 - Big Cut News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Much like the time it takes for a tree to grow, changes and improvements to forest management are slow and deliberate.

It may just be one or two. >> okay. powell basically said, this is a tweak, not a trend. >> right. >> and no surprise the president, ben, didn't like it. he wanted a big cut. he didn't get a big cut. where does the president go from here on this? >> caving to trump. so continue to bang on about how the fed is not doing enough. they raised interest rates too fast. as steve said trump looking for a half basis point as least, he got a quarter point cut and markets looked at that and said, okay, we got our quarter point cut. powell has now said maybe we get hikes later in the year. the problem is ...

Because they got a big cut. it is now at barely 6%, which is the lowest since 1983. when you see those numbers, it's shocking. wait, individuals are paying all the taxes to subsidize a corporate tax cut? >> that's completely backwards. you and i have talked about this before. so what happened is that we brought the factories back home. we had a capital spending boom. the capital spending was expensed. so temporarily, corporate expenses are down, but what did we say back in the tax debate was happening, that wages would skyrocket. there's all kinds of charts that document that's what's going on...

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Indictments. that that kind of quiet period around the election is now over. you saw that right away when he fired his attorney general, trying to put in an appointee that is going to be much more, probably in line with his thinking and kind of do his political bidding for him. and so, yeah, i mean, i think this is really -- you're totally right, wherever there is something that the president doesn't want to focus on, there's usually a trial balloon or some other kind of drama that comes out of this white house. >> well, we'll soon find out. only time will tell. in the meantime, there's a whol...