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re: Fed Chair Powell: “economy leaning too hard on the rich”
Posted on 9/22/25 at 8:43 am to icecreamsnowball
Posted on 9/22/25 at 8:43 am to icecreamsnowball
quote:
Are you under the impression that skilled trade workers don’t receive great benefits?
Yes. Outside of union, which effectively doesn't exist in the South, benefits are shite for a ton of trade workers. Many are even 1099'd (despite it not being kosher with the IRS).
0
Posted on 9/22/25 at 12:43 pm to RLDSC FAN
quote:
The poli board will tell you all is well and the economy is booming
The amount of copium those old dudes take must be staggering.
Their best defense is always "there's plenty of jobs..." This isn't the 80's, grandpa.
This post was edited on 9/22/25 at 12:44 pm
Posted on 9/22/25 at 2:14 pm to Defenseiskey
quote:Over there, the feeling is fairly strong that the FOMC is too hawkish on rates. That doesn't really jibe with your "booming economy" premise.
The poli board will tell you all is well and the economy is booming
quote:
The amount of copium those old dudes take must be staggering
Copium because they think the economy is "booming"?quote:Feel better getting that off your chest?
"there's plenty of jobs..." This isn't the 80's, grandpa.
TBH, your grandpa probably doesn't give a rat's arse whether or not this is a 1980's rate market, or a 1990's job market. Presumably he's insulated. Those are issues for folks in the job or loan market.
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