Greatest real estate tycoon of the age unaware of length of standard residential mortgage

For some reason the MAGA scum, who are perfectly OK with random murders carried out by the military, crushing dissent via political prosecutions, covering up child rape, and so very much more, are getting their knickers in a twist about this:

Fox News host Laura Ingraham confronted President Donald Trump over his controversial 50-year mortgage plan on Monday, questioning whether the plan was “really a good idea.”

“Housing costs are still out of reach, and another thing that your administration is trying to tackle,” said Ingraham during an interview with Trump on The Ingraham Angle. “The average age of first-time home buyers are now up to age 40, which is sad for the country.”

Trump protested, “Yeah, but I inherited that. Look, you have to understand–”

Ingraham interrupted, “Right, but let me get to the question, though, because your housing director has proposed something that has enraged your MAGA friends, which is this 50-year mortgage idea. So, a significant MAGA backlash, calling it a giveaway to the banks and simply prolonging the time it would take for Americans to own a home outright. Is that really a good idea?”

“It’s not even a big deal,” Trump insisted. “I mean, you know, you go from 40 to 50 years.”

“Thirty to 50,” Ingraham corrected.

This is kind of like the greatest legal mind of his generation thinking that the Constitution says the president can do as much criming as he wants.

It is a bit surprising to see Laura She-Wolf of the SS pressing Hair Fuhrer even a little bit, but the show must go on I suppose:

The president argued:

You pay something less, from 30, some people had a 40, now they have a 50. All it means is you pay less per month, you pay it over a longer period of time. It’s not like a big factor. It might help a little bit, but the problem was that Biden did this. He increased the interest rates and I have a lousy fed person who’s gonna be gone in a few months, fortunately. I have a guy, “Too Late.” You know, Jerome Powell, we call him “Too Late.” He was too late on everything except when it came to before the, you know, the Democrat, so-called Democrat election, which didn’t work. But we’re gonna get interest rates down. But even with interest rates up, the economy is the strongest it’s ever been.

Ingraham questioned, “Then why are people saying they’re anxious about the economy? Why are they saying that?”

“I don’t know that they are saying that. I think polls are fake,” replied Trump. “We have the greatest economy we’ve ever had.”

Trump received heavy backlash over his 50-year mortgage proposal this week, with critics pointing out that struggling Americans would end up paying hundreds of thousands of dollars more in interest to banks.

To be fair nobody is going to pay back those 30-year mortgages either.

A friend notes:

So delightfully 2006. Subsidize demand. Get more people in houses they can’t afford. With no equity buildup, so that any market downturn leads to underwater borrowers and mass default. Fortunately that doesn’t happen, with notably rare exceptions.

I wish DraftKings would give odds on whether Trump knows FDR was a Democrat.