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The fed raised the rate 75 basis points...

God of War

Lets go Brandon!
... how much does that translate to in terms of the budget's debt repayment burden?


Is it the third or second largest line item now? How much will Medicare, Medicaid and SS have to be cut into in 2030... 2025? Not looking good.


Of course unemployment has always been looked on as the cause of wars when in actuality when war is wanted the elite create the unemployed to draft. But the led will always follow. Even when confronted with the truth.
 
... how much does that translate to in terms of the budget's debt repayment burden?


Is it the third or second largest line item now? How much will Medicare, Medicaid and SS have to be cut into in 2030... 2025? Not looking good.


Of course unemployment has always been looked on as the cause of wars when in actuality when war is wanted the elite create the unemployed to draft. But the led will always follow. Even when confronted with the truth.
The super low level of unemployment is one reason inflation is high. Employers have to pay employees higher wages and in turn raise prices to offset the cost.
The solution is of course bringing in boatloads of immigrants to alleviate the labor shortage which would reduce inflation. But Republicans will never go for it. Their xenophobia trumps inflation.
 

RickWA

Senator
The super low level of unemployment is one reason inflation is high. Employers have to pay employees higher wages and in turn raise prices to offset the cost.
The solution is of course bringing in boatloads of immigrants to alleviate the labor shortage which would reduce inflation. But Republicans will never go for it. Their xenophobia trumps inflation.
Sweet. Ageists preaching a tolerant message. Attaboy! Atta-mirrorless-boy!! :)
 

God of War

Lets go Brandon!
The super low level of unemployment is one reason inflation is high. Employers have to pay employees higher wages and in turn raise prices to offset the cost.
The solution is of course bringing in boatloads of immigrants to alleviate the labor shortage which would reduce inflation. But Republicans will never go for it. Their xenophobia trumps inflation.
I wouldn't trust you to raise a kid (as in a goat). ha ha

I implied that the raising of the fed rate was intended to reduce inflation which often enough leads to increased unemployment. I further insinuated that the real reason was maybe they were planning to go to war and needed unemployment to have the troops available. Hello!?!? Anybody home? Knock, knock.

Now, the people coming only have an education where their work services each other. They cannot serve the rest of us. It is a net gain of zero that kind of economic immigration.
 
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