What happens when times change, but parties don’t?
The Democratic presidential candidates pleaded with voters in Iowa for their last-minute consideration on Sunday, competing with the Super Bowl for caucusgoers’ attention and straining against an atmosphere of unusual uncertainty and indecision among Democrats ahead of the first-in-the-nation nominating contest.
The party’s top four candidates — two progressive candidates and two moderate candidates — are indicative of where the Democratic Party is right now, said Democratic strategist Michael Trujillo.
The path to the White House for Democrats runs through Iowa; Feb. 3, 2020, is the current date for voters to choose their nominee at caucus locations statewide.
Whoever ultimately wins could face an uphill battle at ballot boxes in the November 2020 general election in Iowa — traditionally a swing state — but one that Trump and Republicans decidedly won in the 2016 presidential election.
in theory, lower interest rates will:
– Reduce the incentive to save. Lower interest rates give a smaller return from saving. This lower incentive to save will encourage consumers to spend rather than hold onto money.
– Cheaper borrowing costs. Lower interest rates make the cost of borrowing cheaper. It will encourage consumers and firms to take out loans to finance greater spending and investment.
– Lower mortgage interest payments. A fall in interest rates will reduce the monthly cost of mortgage repayments. This will leave householders with more disposable income and should cause a rise in consumer spending.