Former Atlanta Federal Reserve president and CEO Dennis Lockhart says the ‘unusual’ state of the economy can continue due to ‘strong demand’ for labor. #FOXBusiness
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Tool of the oligarcs
We need stimulus period
Don't worry, Biden is on it, Jack! 😬
4:39 "well growth is over the horizon" These same lying f's told us "inflation is transitory, a return to normalcy is just over the horizon" they have NO CLUE and/or are paid to mislead the public. Audit the Fed.
Unemployment is one of the last items that happens in a Recession. Saw that in the 1970s into the early 80s. Get ready.
Huh?
oh come on man! people going back to work after covid is NOT employment growth! stop saying this!!
It's only going to get worse if Congress spends another trillion dollars.
Get rid of the “Federal Reserve Note” ; it is neither FEDERAL nor are there any RESERVES !!!
It doesn’t take a rocket scientist to know that! What I want to k is is what there going to do ti fix it😱🤦🏼♀️
why isn't this crook in prison?
Worker participation has not returned to pre-pandemic numbers leaving the US THREE MILLION workers short. They have stopped looking for work as well so they're not showing in the unemployment numbers either. Compare pre-pandemic government assistance numbers to current numbers and you'll find them. With that many people out of the work force, production is still not at pre-pandemic levels slowing the spending.
Inflation is too much money chasing too few goods in layman's language so with less people in manufacturing there are fewer goods to buy.
Pete Budigig still has 500+ container ships off of Long Beach, CA full of rotten and moldy goods (and huge colonies of rats).The union dock there won't allow non union drivers to haul containers from the docks either. Governor Gavin Newsome limits containers to being stacked over 2 high slowing the unloading as well.
GET BACK TO WORK AMERICANS and remember that Newsome and Budigig's performances so far have exacerbated the bad situation when you VOTE IN NOVEMBER.
Workfare not welfare.
It’s called fixing the supply chain. Until you do that any relief in inflation is temporary. This used to be economics 101, but for democrats it’s apparently thermo nuclear physics 1001
Word salad. Growth in inflation is bad!
Trump could fix all this in 3 months if He starts now.
Or never. Rate of decay is to fast to hold fast till November or 2024
Maybe a $700 Billion BBB bill will help.
🙄🙄🙄
Sorry
US in depression.. not recessions.
Blame the money printing machine.. ha .. ha..
Powell continues to prove he is the wrong guy
Maria is a Schwab globalist minion. She needs to go.
Government "jobs"
One answer, corruption. Most corrupt administration in history. Save your money, save your guns and plant a garden, you will need all three.
As long as Biden chokes off are fuel .recession is here to stay. No one will thrive off of climate change the proof will be in ur finances 110%
Powell is doing what he can to raise inflation. He's still buying hundreds of millions in bonds EVERY day. He needs to raise rates above inflation to stop it.
You wish it was a deflationary recession. That can be cured with inflation. No, inflation is the problem. Stagflation.
Stagflation is now ensured
Lol 2.5% is 'neutral' with 9% cpi. Fed insults the intelligence of everyone.
What do you expect when Fed waited til CPI hit 8% to start raising rates from 0%?
ruh roh
We are in recession! Maybe going Depression. Stupid Democrat 🤬
This is tragic for the American people, but ensures Dems will be out of office when things get economically horrific. Next Year will be the year of famine. No diesel and no fertilizer will mean shortages and astronomical prices for commodities.
The employment market is good because the middle class has to have more than two jobs to be able to live in Brandons world.
All smoke and mirrors – the only way to actually tame this inflation is to quit printing money and for Congress to get the financial house in order and quit spending money they don’t have snd pay down this insane level of debt
its ALL corrupt, nothing works with corruption besides failure
Kind of hard to make progress when we are in the beginning of The Biden Recession.
I don’t think you should have him as a guest again. He is talking about a slow down like it’s intentional from our masters running the economy😳 and not because people can’t afford things.
It’s not a good sign. It’s really hurting Americans.
How can you call it a full employment recession???? Not if you look how many left the work force… unbelievable.
Let’s go for a gold backed currency. This fool is too stupid. It would solve all the problems.
America is a banana Republic. The media won't tell you this.
We are in a recession instead of bunkering down and changing policies and politics they doubling down and with winter time and jobs slowdown and imports the recessional jobs losses are coming compounding it and then this dunce hat WH and their dummies raises taxes on corporate interests businesses to further hamper in furthering future job loses and consumers price hikes and contributions of bussiness industries sectors give to America economic loses too.
Soft assessment of whats really happening on the ground which isn't surprising. Most of these gutless "economists" or "analysts" have little to no idea what people like us are seeing out here in the real world. Couple that with the fact nobody cares to speak freely without fear of pissing off our overlords, we're going to continue to hear these weak reports on the state of the economy and have no idea of the true impending danger most of us don't realize is on the horizon.
Either productivity enhancement or industrial development but limit the productivity as well as profitablity.
Just another obfuscator. Call it what you want, we are in a recession regardless of what biased committee names it. Russ Comstock