Powell at Jackson Hole: Economy's solid growth means you must all be punished for it.

https://apnews.com/article/inflation-federal-reserve-rates-economy-jackson-hole-9a720711618c0cfd851b51b0786af4f0

19 points · 3 comments · view on lemmy.world

3 Comments

Shinhoshi@lemmygrad.ml · 8 pts · 2y

It’s not even defensible even inside the lib BS now that inflation is back to 3.2%

davel@lemmygrad.ml · 7 pts · 2y

The layoffs will continue until morale improves.

Justice@lemmygrad.ml · 6 pts · 2y

I can’t take anyone serious who thinks the economy is “good.” Putting aside my personal thoughts on capitalist economics and how many shits I give about it (negative shits), it’s just sad-funny to see these libbed up boomer vampires talk about how “good” everything is while healthcare still isn’t universally available, homes are unaffordable, and general food and essential commodities are still outpacing any sort of recent wage increases.

I guess if you’re the feudal lord-in-waiting everything is going great. The serfs-in-waiting are a little bit bummed out though, I gotta say.