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Economy

MerryHolidays

(7,715 posts)

8. This is bordering on ridiculous

Reply to elleng (Original post)

Sat Aug 6, 2022, 06:21 AM

Aug 2022

We are still in a pandemic, we are close to being in a world war, President Biden has countered both Russia and China, he has pulled us out of the US's longest war, etc.

Yet, the "pundits" are complaining that the job market is too hot?

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Highlight:

The Fed will have to 'break this economy' to tame inflation after the strong jobs report, [View all] elleng Aug 2022 OP

Somehow that sounds absurd. honest.abe Aug 2022 #1

Yes, something is fishy. Seems the strong jobs report... brush Aug 2022 #2

Yeah, break the economy, force millions to be laid off, become homeless, starving.. honest.abe Aug 2022 #4

It's good when you have tons of money Claustrum Aug 2022 #14

I don't either Rebl2 Aug 2022 #17

And im betting it needs to be done by September or October Fullduplexxx Aug 2022 #19

That's Capitalism? Captain Zero Aug 2022 #3

That's unregulated, laissez-faire capitalism. brush Aug 2022 #6

Because it is absurd, duforsure Aug 2022 #5

Y is the leftover Fed head still calling the shots.🤔 sprinkleeninow Aug 2022 #7

Thank you for this AllyCat Aug 2022 #9

Same for me. True Blue American Aug 2022 #11

This is bordering on ridiculous MerryHolidays Aug 2022 #8

I have an idea! LittleGirl Aug 2022 #10

But a practical Dreamer! True Blue American Aug 2022 #12

Total hogwash nowforever Aug 2022 #13

Half of these so called experts are saying the Fed is acting too slow and doc03 Aug 2022 #15

another thing we seem to be forgetting.. essaynnc Aug 2022 #16

Powell's is the Arthur Burns' Fed of the 1970s bucolic_frolic Aug 2022 #18

Another economist expert blowing smoke out their . . . . Emile Aug 2022 #20