J

Vietnam Vet-Laborer to Business owner, now retired.
"Common Sense Plus Keep It Simple" CSPKIS

[J @CSPKIS]

Rand Paul, your recent inventive solution to the national debt may have these high rates as an obstacle. If interest rates stay high on the debt, reining in on spending is like a slow walk up a fast escalator the wrong way.
The US treasury needs money as bonds mature, and barrowing more money. The interest rates between 4-5% that the government offers is competing with the private sector demand for money, its a matter of supply and demand. If the fed lowered the rate, there may not be enough bond buyers. As long as the fed rates are high, home, auto, and business loans will stay high.
4.5% of $40T is $1.8T, 400B for every 1% government has to pay. Meanwhile a home loan on $300K goes up $3,000 per year, 7% X 300K=21,000 per year vs 4% =12K per year, 9,000 per year difference.
The Fed went from 0% to 4.5% in five years, in 2021 some banks were charging you for your savings in the bank, home loans were as low as 2.5%

Rand what will help the economy, cut spending, take the oil companies whose actually cost has not went up relatively, cut fed rates, start balancing the budget, would quickly help the US government and its citizens.

Yes the Fed needs investigated. It may be more polical than common sense driven than people think.
CSPKIS

[J @CSPKIS]

@FloraLuzz_ Yes, need it for alcohol, cashing a check, flying, etc. Both voting and buying a firearm should not be an exception.

[J @CSPKIS]

@Danica3g 0

[J @CSPKIS]

@tek_sidhu 63

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@velora_y 15

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@MrXPal d

[J @CSPKIS]

@DrIrumch 42

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@batuhanppn 25

[J @CSPKIS]

@janninereid1 5 years old? Oregon just allowed pumping your own gas as late as 2023, a little earlier for some areas.

[J @CSPKIS]

@rasagullafqvf 4

[J @CSPKIS]

@Sofia50020Sofia Gas too high priced and car is too new

[J @CSPKIS]

@StacieGerbyo Please do

[J @CSPKIS]

@Motivational__G Cars to new

[J @CSPKIS]

🤞Its hard for an officer to compare a face with a picture sometimes as small as a postage stamp.
Those of us that have traveled to Europe and had our passport and photo verified ahead of time sometimes do not even see a human when going through immigration and customs, fast and easy.
Those that are concerned about their privacy need to realize it makes no difference; they are still being scrutinized and recording your passage into the data base with the same result. The question is do you want to use the Pony Express that takes days to get a message out or email that gets the message out in seconds. Reentering the US takes twice as long and is still subject to human error.
CSPKIS

[J @CSPKIS]

@Kinza1278 Cell Phone

[J @CSPKIS]

@oelma__ 22

[J @CSPKIS]

@Anamta_ali_ Camera

[J @CSPKIS]

@Olivia_JTrump Cell Phone

[J @CSPKIS]

One link to high interest rates is the US government needs to barrow every year, and investors will not buy in if the interest rates are lower than investment returns elsewhere. If the fed lowers the rate, it cuts down on the US availability of funds to barrow.
Interest rates effects the economy perhaps more than gas prices. On a $300K mortgage, for every 1% of interest rate the borrower pays $3,000 in interest, add in credit cards, auto, home improvement, etc. loans, a good estimate would be $10,000 of after-tax earnings, about 14,000 in gross wages, far more than a household consuming 1000 gal per year and paying $2 per gal above average, $2,000 per year.
Although, fuel cost also effects the cost all goods as well, interest rates staying high is a larger cost to the average American.
Yes, the US debt has to be tackled. Senator Pauls's plan is a little too simple, but perhaps a good start. It would make all department heads think more instead of taking the last year's budget and increasing it by a percentage. It may be more important than gas prices.
CSPKIS

[J @CSPKIS]

@PatriotEmma47 BS