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Started By
Message
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.
17
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 8:08 pm to 92Tiger
You’re ill informed.
Posted on 9/21/22 at 8:09 pm to bayoubengals88
quote:
You’re ill informed.
I quoted someone else dummy.
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 8:16 pm to wileyjones
quote:
4.5%?
No modest say 6% but its probably closer to 8%. Of course the government will do its best to hide the numbers like they have inflation.
Posted on 9/21/22 at 8:18 pm to BlackPawnMartyr
Actual inflation using the correct historical formula is 17%
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 8:25 pm to 92Tiger
We fired 4 people last week
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 8:29 pm to 92Tiger
quote:
I quoted someone else dummy.
Exactly. Like he said, you are ill informed.
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 8:36 pm to OweO
quote:So, the fed chairman is misinformed?
OweO
Not surprising from the administration you voted for.
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 8:39 pm to OweO
quote:
Exactly. Like he said, you are ill informed.
You are proof that you should have to be able to pass a test to vote or breed in this country
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