MAGA Supporters COLLAPSE In Full Panic After Major Financial Announcement

Donald Trump supporters and MAGA Republicans, such as Tommy Tuberville, explode in panicked rage over the Federal Reserve's interest rate cuts, which would be good news for decreasing inflation, leaving Trump and JD Vance to push desperate lies about the major financial announcement. Sharon Reed and Maz Jobrani break it down on The Damage Report.

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"MAGA Republicans seem weirdly upset that inflation is going down.

The Federal Reserve announced Wednesday that it will cut interest rates by half a percentage point, a move that signals inflation has decreased significantly. The announcement comes after Donald Trump and J.D. Vance spent months attacking the Biden administration for high levels of inflation, even as it fell to the lowest rate in years.

At a Vance rally in Raleigh, North Carolina, the Ohio senator’s audience didn’t seem too happy about the change.

Vance was asked for his reaction to the Fed cutting rates, which would “alleviate inflation for a lot of people.” Before he could answer, his crowd started to boo.

This response was particularly odd considering the fact that cutting interest rates has the potential to actually be good news for everyone."

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#TheDamageReport #JohnIadarola #TheYoungTurks

240919__DR04Repubs

[joeb]

“Trump has been begging officials worldwide not to do the right thing for years to help rig the election for him—no deal in Gaza, no defense of Ukraine, no Kremlin hostages release, no border deal, no continuing resolution [to avoid a government shutdown], no interest rate cuts etc—just sabotage & subterfuge.” — Philip Gourevitch, The New Yorker

[FeralPhilosopher]

So first the Senate can't confirm scotus appointments this close to an election (unless it benefits Republicans). Now, Tubberville says that the fed can't do its job this close to an election (unless it benefits Republicans).

Tommy Tubberville continues to prove why the NFL needs to put more money towards TBI research.

[HoldThatThought]

How dare you ask real questions and nothing about illegal immigrants BOO😂

[KC-rthp]

MAGA: BOOOO, things cost too much!

MAGA: BOOOO, we want high costs!

[Kelsart]

They’re so incredibly dumb…vote blue or we are all doomed.

[ms.sharon.]

They’re booing due to their lack of understanding what it means. Remember these are the uneducated Trump loves so much.

[HoldThatThought]

They always vote against their own self interest and vote emotionally

[dannylucas]

That's like when Trump filled the supreme Court in the last 30 days of his failed incompetent administration.

[cheryldoyle]

OMG! Booing against interest rate cut. Typical MAGA intelligence to go against their own interest.

[annecollins]

Why are they booing? Interest rates went down, and they're still bitching? Life is getting a little better. Boo!!!

[helanna]

Our book club read Vance's book a couple of years ago. The thing that stood out to me the most was that he trashed the very people who raised him, fed him and clothed him in his climb to the top of the money ladder. I don't see him acting any differently today.

[jeremydavidbrodbeck]

They vote against thier own interest that's why they cheer...

[jameseflores]

Just because vance graduated from an ivy league school does not mean he is smart

[granitemountain]

Someone explain to Tuberville that accounting quarters don’t care about politics. And add it to the looong list of things he doesn’t know - like the 3 branches of government.

[kena]

We have elections every 4 years. We can't put everything on pause for a year because it's an election year

[hanne]

They're booing a cut in interest rates? They must all be big time investors. Sure, half a point is not very much, but it's a baby step in the right direction.

[deadcarz]

0.5 % on the average mortgage is $115/month.

[ralphjackson]

What are those fools booing about? Lower interest rates is good for WTH.

[MrJohnBos]

The executive branch has no control over interest rates. Only the Federal Reserve can change the discount rate.

[kimspooner]

What's happened to the FL economy since DeSantis enacted his anti immigrant policies last year?