i can’t believe it’s taken this long, frankly.
have we ever had these crazy low rates for this length of time?
have we ever had these crazy low rates for this length of time?
U.S. Gov't - subverting work
- Thread starter piggyperch
- Start date
It is on the way. Commodity prices are wild. Stagflation is a real possibility.
Nothin like higher interest rates with a 30T debt and rising. Geez we are in trouble. Rice and beans.
DeSantis announced you have to upload proof of applying to a job by May 29th, or no more eligibility in Florida. No proof has been required in over a year. Already had someone apply to a job and not respond to contact. Hope he makes a way for employers to report that.
Tired of our favorite restaurants on limited menus or not able to serve food due to no staff anywhere. Couldn't get tires rotated because they only had one dude some days, three guys half day on other days. Tons of examples. Crazy.
Tired of our favorite restaurants on limited menus or not able to serve food due to no staff anywhere. Couldn't get tires rotated because they only had one dude some days, three guys half day on other days. Tons of examples. Crazy.
That’s not the modern economy. Why do interest rates have to rise in our current economic realities? Because that’s what used to happen is no longer an accurate answer.
Long term interest rates rise because of inflation in the economy. The Fed uses short term rates to slow down a heated economy and as inflation decreases the long term rates come back down.
The issue is this is not the normal cause and effect. Our inflation has less to do with an economy that is heating up and more to with supply chain issues. Unfortunately this administration is causing the supply chain issues in both labor and energy.
Both these components are used in every good and service we buy, so the whole market is feeling the effect. This problem is not going to be fixed by the Fed. It is going to take a change in policy.
The issue is this is not the normal cause and effect. Our inflation has less to do with an economy that is heating up and more to with supply chain issues. Unfortunately this administration is causing the supply chain issues in both labor and energy.
Both these components are used in every good and service we buy, so the whole market is feeling the effect. This problem is not going to be fixed by the Fed. It is going to take a change in policy.
You clearly don’t understand the modern economy. Debt, interest, commodities, prices, labor? They’re just the shadows on the wall governed by a magical 4th dimensional force that I don’t care to explain right now but will nevertheless talk down to you and act like I know what I’m talking about.
If this is all complaining about continuing the high unemployment supplements and suspending the taxation of it, then yes.
Half of it is the clueless on capitol hill don't know what to do, so they're just paying extra to keep the poor and the dumb from rising up. The other half are pushing it through to accomplish the whole myth of the minimum livable wage.
Both of it will lead to hardships in the future.
But half of the people in this country will blame it all on Trump, and the other half will blame everything on Hillary. I mean Obama. I mean Biden.
Half of it is the clueless on capitol hill don't know what to do, so they're just paying extra to keep the poor and the dumb from rising up. The other half are pushing it through to accomplish the whole myth of the minimum livable wage.
Both of it will lead to hardships in the future.
But half of the people in this country will blame it all on Trump, and the other half will blame everything on Hillary. I mean Obama. I mean Biden.
Well, to be fair, they need to go up. Fed funds target of 0.00-0.25% is dumb. 10-yr bond at 1.66%? dumb.
They do but when the do the government, me and you, will be paying an enormous amount to pay the interest on the debt. That is why. the are hiring inflation and keeping rates low. It will explode soon.
“Mr small business owner, why can’t you compete with the entity that can legally cut the top off your profit and pay it to your employees to not work?”
“I had to raise wages to compete so a quarter of my employees now don’t have a position to come back to.”
Genius. Not sure why more small businesses haven’t taken this approach. Maybe you should try consulting. Scratch that. I’m opening a new consultation business based on your genius. Would you like to apply?
