Why arent democrats talking about the impact of negative interest rates?

[Olde Hornet]

Democrats are failing to tell the american people the whole story of what agent orange wants (for his benefit) when he asked for negative interest rates Americans will be paid to borrow money, but they will PAY to have their money in the bank.

How Negative Interest Rates Work

Policymakers in Europe are choosing an unconventional strategy of negative interest rates. What could happen?

www.investopedia.com

In theory, banks would rather lend money to borrowers and earn at least some interest as opposed to being charged to hold their money at a central bank. Additionally, negative rates charged by a central bank may carry over to deposit accounts and loans. This means that deposit holders would also be charged for parking their money at their local bank while some borrowers enjoy the privilege of actually earning money by taking out a loan.

 

[Olde Hornet]

People need to educate themselves about money, stop listening to politicians!

 

[Storm96]

The short answer is because democrats never seem to be able to control a narrative. Enough with the left/right coast cerebral approach ...just dumb the shit down. Republicans simply screaming "bengazi" was far more effective than the way Dems try to explain shit.

 

[Olde Hornet]

Here is another area where democrats are not competent enough to take control of the argument.

Trump's radical plan to waive payroll tax would punch hole in Social Security, Medicare budgets

Trump's radical plan to waive payroll tax would punch hole in Social Security, Medicare budgets

President Donald Trump has picked his favourite weapon to fight the economic fallout from the coronavirus - an elimination of the "payroll tax" on workers' gross earnings that is used to fund national retirement programs. Trump advisers on the White House economic team and Republican lawmakers

www.yahoo.com

WASHINGTON (Reuters) - President Donald Trump has picked his favourite weapon to fight the economic fallout from the coronavirus - an elimination of the "payroll tax" on workers' gross earnings that is used to fund national retirement programs.

Trump advisers on the White House economic team and Republican lawmakers are pushing for more targeted stimulus. But Trump has held firm on the idea, White House and Republican sources say.

Trump told Republican senators in a meeting Tuesday he would like to waive the payroll tax entirely through the end of the year, or even permanently suspend it, one attendee told Reuters.

If approved by Congress, the move would result in a massive, roughly $1 trillion (£778 billion) cash injection into the pockets of workers and businesses over the rest of the year, based on a Congressional Budget Office estimate https://www.cbo.gov/topics/taxes of current projected federal tax revenue.