Row 88395

Row ID: 88395 | Dataset Entry | Axioma AXP Content Repository

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This page contains data entry 88395 from the Axioma AXP content repository. The structured data below represents the complete record for this entry.

Concerning your edit:

> > anti labor policies

> Unemployment has been below 4% for the longest stretch in over 50 years.

> You so desperately want to believe the narrative. You might want to switch up your info feeds; They've got you carrying around an umbrella on a sunny day.

Fed Chairman Jerome Powell explicitly laid out his reasoning in May 2022 when announcing the interest rate hikes.

> So in principle, it seems as though, by moderating demand, we could see vacancies come down, and as a result—and they could come down fairly significantly and I think put supply and demand at least closer together than they are, and that that would give us a chance to have lower—to get inflation—to get wages down and then get inflation down without having to slow the economy and have a recession and have unemployment rise materially. So there’s a path to that.

https://www.wsj.com/articles/transcript-fed-chief-powells-postmeeting-press-conference-11651696613

And he said all of this when, as you saw, real median were dropping.

Not everyone who disagrees with you does so out of ignorance. Crazy, I know.

FieldValue
text Concerning your edit: > > anti labor policies > Unemployment has been below 4% for the longest stretch in over 50 years. > You so desperately want to believe the narrative. You might want to switch up your info feeds; They've got you carrying around an umbrella on a sunny day. Fed Chairman Jerome Powell explicitly laid out his reasoning in May 2022 when announcing the interest rate hikes. > So in principle, it seems as though, by moderating demand, we could see vacancies come down, and as a…
label r/politics
dataType comment
communityName r/politics
datetime 2024-05-24
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Raw Record

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  "text": "Concerning your edit:\n\n> > anti labor policies\n\n> Unemployment has been below 4% for the longest stretch in over 50 years.\n\n> You so desperately want to believe the narrative. You might want to switch up your info feeds; They've got you carrying around an umbrella on a sunny day.\n\nFed Chairman Jerome Powell explicitly laid out his reasoning in May 2022 when announcing the interest rate hikes.\n\n> So in principle, it seems as though, by moderating demand, we could see vacancies come down, and as a result—and they could come down fairly significantly and I think put supply and demand at least closer together than they are, and that that would give us a chance to have lower—to get inflation—to get wages down and then get inflation down without having to slow the economy and have a recession and have unemployment rise materially. So there’s a path to that.\n\nhttps://www.wsj.com/articles/transcript-fed-chief-powells-postmeeting-press-conference-11651696613\n\nAnd he said all of this when, as you saw, real median were dropping.\n\nNot everyone who disagrees with you does so out of ignorance.  Crazy, I know.",
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  "datetime": "2024-05-24",
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