INFLATION--FED's cutting rates again...
- Thread starter Chop
- Start date
Well, they’ll never run out of customers then.
Maybe, but a lot of suckers have become millionaires off of them.
This morning's job report certainly isn't going to help inflation.
U.S. jobs report today: Economy added 517,000 jobs despite recession risk; unemployment fell to 3.4%
U.S. jobs report today: Economy added 517,000 jobs despite recession risk; unemployment fell to 3.4%
hourly earnings grew somewhat in line with expectations, rising 0.3% for the month or 10 cents, to $33.03 - as expected - and up 4.4% Y/Y
That's $66,000 per year for a 2,000 hour/year (= 40hrs/week for 50 weeks) worker.
A couple with with both earning that would be at $132,000/year.
The middle class ain't dead yet.
Would be nice to see some relief at the grocery store. It's getting to the point where you have to take a second mortgage to buy a dozen eggs.
AC
2,500+ Posts
Wow!
Good job on the jobs, Biden administration...
AC
2,500+ Posts
HHD, find a Braums. Eggs there were under $4 on Monday.
Thanks for the tip, Viper. There's a Braum's on Park Row, about a 5-minute drive from me.
Makes sense if you think about the things inflation hit the hardest - food and energy. Well, people still need to drive to work and still need to eat. They're not going to cut those things if they can avoid it. They'll just use their credit cards, and if they go over, they'll run up a balance. Keeps them fed and working, but it's terrible from a financial standpoint.
My wife, a public school teacher with 25 years experience, doesn't make that.
The solution is even simpler than that. Just do what I did. When I was in the grocery store and put the eggs in my basket I then went to the seafood section. I saw the lobster and just replaced the eggs with lobster.
There needs to be another emoji in that lower right hand corner. We need an F biden one.
Yep the biggest problem I have with Biden and his administration is the straight up lies. His policies are worst than Carter’s too.
Well, he hasn’t given away the Panama Canal, yet. But there’s still almost 2 years left.
Maybe he’ll give away Alaska to the Russians in exchange for a peace deal in Ukraine, or something…
Or give away Guam to the Chinese as a gesture of goodwill.
The biggest problem I have is with a media that constantly repeats those lies without even trying to question them.
AC
2,500+ Posts
Weekly Prediction Contest
* Predict HORNS-HOGS *
Sat, Nov 16 • 11:00 AM on ABC
Recent Threads
-
Post Right Wing looniness here
- Started by Seattle Husker
- Replies: 1K
- West Mall
-
The Media Industry
- Started by texas_ex2000
- Replies: 8K
- West Mall
Prediction Results Threads
