I'm not sure about the prospects of Federal Reserve Chair Jerome Powell keeping his head attached to the rest of his body after this brutal fact check of Trump.
President Donald Trump’s attempt to shame Federal Reserve Board of Governors chair Jerome Powell over the cost of a long-running renovation to the central bank’s Washington headquarters went horribly wrong on Thursday when Powell had a ready response for the president’s accusations during a tour of the construction site.
Trump said the cost of the years-long project was now “about $3.1 billion” rather than the $2.7 billion previously stated by Powell.
“So we're taking a look, and it looks like it's about 3.1 billion went up a little bit or a lot. So the 2.7 is now 3.1 it just came out,” he said reading from a piece of paper, as Powell looked on and shook his head in the negative before interjecting.
The chairman replied: “I haven’t heard that from anybody” and asked if the paper Trump was reading from came from the central bank.
At that point, Trump handed him the paper and continued talking while Powell pulled out his reading glasses to look.
He then told the president that the higher number he was claiming included a separate project that wasn’t part of the renovation at issue.
“You just added in a third building,” he said.
He told Trump that he was mistakenly counting long-completed renovations to a building named for William Martin Jr., who served as Fed chair from 1951–1970, as part of the renovation of the Fed’s main headquarters.
Lese majeste, eh? The Don never forgets a slight.
Stay tuned for the decapitation.
Let's give the Donald credit where credit is due. Those were real cost figures. Wrong but based on real facts. He did not just pull the figures from his posterior as is his normal practice.
ReplyDeleteThe interesting question may be which lackey is losing a head for that mistake. Heck, I'd be finger an axe blade for something like that. It suggests that the Donald regime does not have a competent secretariat. A mistake like this simply reinforces the impression we got when Trump was slapping tariffs on penguins.
BTW, I believe the penguins are taking their case to the International Court of Justice.
That may be correct, Anon, but then again, Trump has never let facts get in the way of a good propagandistic opportunity.
DeleteBut the telling point is those apparently were real facts. Trump was not going to look them up. A staffer did, well, unless he got it from Fox.
DeleteThat's true, Anon.
Deletehttps://www.facebook.com/reel/632795196509934
ReplyDeleteThanks, Mound. I wish there were more people like Powell willing to call out Trump's nonsense, but alas, there seem to be but few good men left.
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