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Unemployment will skyrocket?
Posted on 9/21/22 at 8:05 pm
Posted on 9/21/22 at 8:05 pm
Fed Chairman Jerome Powell warns it will be 'very challenging' to tame inflation without steep job losses across the US economy after hiking interest rates to 3.25% - the highest level since 2008
Daily Mail: LINK
Hope for the best. Good luck everyone. I know Brandon didn't carry the OT.
Daily Mail: LINK
Hope for the best. Good luck everyone. I know Brandon didn't carry the OT.
Posted on 9/21/22 at 8:08 pm to 92Tiger
quote:isn’t the target like 4.5%?
steep job losses across the US economy after hiking interest rates to 3.25%
Posted on 9/21/22 at 8:12 pm to 92Tiger
Well, killing demand by killing the middle class is certainly a strategy for combatting inflation. So they have that going for them, which is nice.
Posted on 9/21/22 at 8:21 pm to 92Tiger
If we had the liberals way we would extend covid programs for the foreseeable future, print money and nobody works. But unemployment would be zero because no one would be looking for jobs. You’d be dumb to if the government pays you to sit at home.
Posted on 9/21/22 at 8:24 pm to 92Tiger
Stolen elections have consequences
Posted on 9/21/22 at 8:25 pm to 92Tiger
They’ll have to kill the economy before it can rise from the ashes.
Free money will flow again
Free money will flow again
Posted on 9/21/22 at 8:26 pm to 92Tiger
For realtors maybe. Who really is at risk these days?
Posted on 9/21/22 at 8:27 pm to 92Tiger
Take your shitty threads to the poliboard
Posted on 9/21/22 at 8:27 pm to 92Tiger
They mention wide spread layoffs in the article. What industries are the most vulnerable when it comes to this?
Posted on 9/21/22 at 8:30 pm to 92Tiger
Where’s Paul Allen?
I want him to continue telling us that housing prices are going up because of a lack of supply
I want him to continue telling us that housing prices are going up because of a lack of supply
Posted on 9/21/22 at 8:38 pm to 92Tiger
Cause and effect. Some people will suffer pain. Fortunately for my family, we all have secure positions. We will profit while others suffer. I’ll make sure to give back and donate to the people I deem appropriate.
Posted on 9/21/22 at 8:52 pm to 92Tiger
I don’t understand why layoffs would be coming. Most places still struggling to hire people. People just need to stop spending money and this will chill out. Demand needs to come down until supply catches up (never).
Posted on 9/21/22 at 9:08 pm to 92Tiger
So….. The people that helped mismanage us into this shitshow are going to manage us out?
Posted on 9/21/22 at 10:08 pm to 92Tiger
This is rookie numbers.
Mortgage Rate At 8.5% (in 1970)
A survey of house-buying trends indicates that in 1970 the average home mortgage interest rate was 8.5
Mortgage Rate At 8.5% (in 1970)
A survey of house-buying trends indicates that in 1970 the average home mortgage interest rate was 8.5
Posted on 9/22/22 at 7:31 am to 92Tiger
My company is already planning layoff from inflation and the effects inflation are having on customers (cutting back spending). Biden and the Covidiots ruined everything
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