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Growth in Wages is fueling our economy
Apr 19, 2024 01:40:01   #
Triple G
 
When was the last time in US history where wages grew at 10%? This is what's fueling both the economy and inflation. Don't expect any fed rate cuts any time soon. The answer to what's keeping inflation above 3% is demand pressures.

https://www.usatoday.com/story/money/2024/04/18/strong-job-growth-bolsters-spending/73351285007/

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Apr 19, 2024 05:44:56   #
DaveO Loc: Northeast CT
 
Lol, I can already hear the regulars spouting their politically motivated omniscience!

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Apr 19, 2024 05:50:01   #
Triple G
 
DaveO wrote:
Lol, I can already hear the regulars spouting their politically motivated omniscience!


It will like that for another four years as our country comes to grips with what needs to be done.

https://www.independent.co.uk/news/world/americas/us-politics/crime-economy-inflation-murder-rates-b2527910.html

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Apr 19, 2024 06:38:52   #
DaveO Loc: Northeast CT
 
Triple G wrote:
It will like that for another four years as our country comes to grips with what needs to be done.

https://www.independent.co.uk/news/world/americas/us-politics/crime-economy-inflation-murder-rates-b2527910.html


The continued "whip up the crowd with lies" is a sure bet.

When trump takes over there will be the same old discord, same old dysfunctional Congress, same old deterioration of the environment, further decline in our global respect. Rich getting richer. The blame game will continue to dominate the media.

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