Former Council of Economic Advisers chair Kevin Hassett provides insight on the state of the U.S. economy on ‘Kudlow.’ #FoxBusiness #kudlow
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Whether a recession becomes a depression depends entirely on fiscal policy: the more government spends, the worse it gets. Take it from the champion of creating depression, FDR.
If Republicans don’t like being called fascists, then they should stop acting like fascists.
Tax Tax Tax etc……. Wake Up everyone
Rate increases takes years to show their effects on the economy. Business loans like SBA 7A reset yearly. So higher debt service is only realized after a year for said business.
So How did anyone think the fed would pivot so early!?!? Are any of these so called analysts on TV actually accredited?? They all sound very stupid to me.
These two look way to happy.
I think Powell doesn’t want his legacy tied to Biden! His issue is simple, how does one stop the Dem spending spree? RECESSION IS HERE AND WILL DENY THOSE WHO LIE A LOT.
Battery production is coming to AMERICA! My roof top solar is awesome..and I haven't paid an electric bill for 39 months. All this NAY-Saying is coming from people who don't understand. Read a book.
The elites wont suffer.
People have exhausted their unemployment, and haven’t gone back to work, so unemployment doesn’t look bad, despite being over a million jobs less now than when Trump was in office. Smoke and mirrors from the democrats. Fraudulent democrats
Just remove the government guaranteed for the student loans make the colleges take the hit it will help everybody
Speculating how the economy is or isn’t bad is relative to understanding why it is in the negative. The Y is that our bad economy is on purpose it’s not an accident. If this is not on purpose and it is on accident then our economy is proof of the worst political administration of “ourtime”Notice O Biden administration picked right back up with trying to make a deal with Iran and their nuclear capabilities noticed that all that disappeared when Trump came in and nixed that deal there was no trouble there was huge move towards peace in the Middle East now The economic world is in total turmoil Europe is looking at 1000% increase in heating costs for the upcoming winter Russia is getting strong Grrrr
Powell sucks at his job. He was too slow to move into action and that’s because he’s trying to cover up for Biden’s horrible economic decisions
There killing our CONTRY
So actually the fed finally did what it’s PAID to do????
A clown show
A bigger group of scoundrels in one place
MY FINANCIAL GOAL IS TO BE MAKING AT LEAST UP TO $1,000,000 EVERY YEAR BY INVESTING HEAVILY BOTH IN CRYPTO AND STOCK. I NEED GUIDIANCE. please comment below.
F*CK YES. GOP House Intelligence Committee ranking member Mike Turner just SILENCED Maria Bartiromo on Fox News by saying Trump could NOT have declassified the documents found at Mar-a-Lago without a paper trail to prove it.
BREAKING: The Washington Post drops bombshell, reveals that Trump carried boxes of classified documents “on foreign travel, following him to hotel rooms around the world — and even countries considered foreign adversaries of the America.” RT IF YOU THINK TRUMP MUST BE LOCKED UP!
LET TRUMP TAKE OVER HE KNOWS WHAT TO DO!!!!!!! TRUMP FOR PRESIDENT. 7 BOLLION DOLLAR BUSINESS,HE KNOWS WHAT HE IS DOING AND HE IS AGREAT STRAGOIST. EHERE IS THE FOCUS ON HUNTER BIDEN AND CHINA BIDEN IMPEACH HIM!!!!!!! TREASON ALL THE WAY!!!!!
!!!!
TRESSON A
But the presses keep on printing money..
I am the neighborhood watch capt for the entire USA and I have challenged Joe Biden, Kamila Harris, Nancy Pelosi, Chuck Schumer, Adam Schiff, and Jerry Nadler with "mass elder abuse" thru the Judicial committee pending submission of an "elder abuse restraining order" of which they cannot get out of because it is true, this is also how you get rid of drug dealers in your house or in a community, it's also how I will systematically clean the swamp for all you America…there is a way to fight back…my foot is already in the door and if things go right, I will walk in the house of representatives, commandeer the Sgt at arms and I will do a citizens arrest as neighborhood watch capt for all of the elderly in the USA and arrest Nancy Pelosi for treason and mass elder abuse, then I will run for president in 2024 as a "write in"''..,/
Maga Morons–Trump 20 years to Life.
It's not your debt anymore, it's our debt now… Long live Communism 🤣🤣🤣
see Powell can't make laws or even should be controlling monetary supply. it's absurd we've just allowed it. the "federal reserve" is the reason that almost all crashes/recessions have happened
just raise taxes $ .
👊*WE THE PEOPLE-RISE UP* We Need President "TRUMP" BACK in The White House, PERIOD!! AL & THE BIKER VETS👊
Why do these two seem so pleased about this?
Well I don’t think useing the government’s assesets as the president has been doing is better than the millions he would have to pay 💰 for a regular nursing home care center. The truth is the only thing that he does is vacation vacation and vacation time for him and his family and Thay have the best doctor the best protection and the best service ever ever and he doesn’t do anything that is best for the people who are paying for them to be treated like a king 🤴 who treet his crooked family like they have earned the placers for the past two years. God’s watching you all and you will be judged by what you do.
Raising interest rates even higher is not the answer! It's just going to screw the economy for years! Reversing the policy on energy is the answer! Soon the real estate market will collapse completely, and the ripple effect will last for years!
FJB & all his crazy non-stop spending. What’s next new homes for anyone who votes democrat?!?
Stupid, Putrid and Corrupt Joe Biden has wormed himself, with the complicity of the Corrupt Media, into the White House and bring about the Destruction of the US Economy, imploding the National Debt to a level the US has never seen when Future Generations will have to pay for his reckless spending, his Catastrophic Failure in Afghanistan and his Weakness Allowing Putin of Russia to Invade Ukraine which could Not have happened if Trump were in Charge, and the Corruption of his son Hunter Biden with his father’s undeniable collusion which should have been exposed by the Mainstream Media was Massively covered up by the same Corrupt Media, and his acting weird like making an empty handshake are deliberately intended to obfuscate his wrong doings, the World wonders how America could allow this idiotic moron to be their President. This idiotic swine has rescinded the Executive Privilege of Former President Trump to allow the Compliant and Complicit DOJ and the FBI to commit this horrendous and Morally Reprehensible Crime of raiding Trump’s home at Mar-a- Largo, under the pretext of recovering National Security Papers, and when asked to reveal the Affidavit of the Search Warrant, conveniently redacted a large Portion of it rendering it incomprehensible. When the Republican Party control the House, they should convene Impeachment and Criminal Prosecutions of Joe Biden and Remove his Protective Executive Privilege so that they can enact a search of his residence.
Inflation is caused by the money supply increasing > MV=PY
> M ; money supply > V ; velocity how many times dollar rolls over in an economy > P ; prices of goods and services & lastly Y > Real GDP
The velocity of money and real GDP do not make gigantic changes to the formula they’re fairly constant
So what does that leave us with >…..
( money supply = price of goods and services )
Congress must stop spending money and increasing the money supply that’s causing US inflation ! The Fed chairman Powell should tell Congress to knock it off because you’re making my job harder stop spending foolishly !
These action are likely deliberate as the democrats believe they are going to lose big in midterms. Therefore when the economy really goes South they're going to blame Republicans instead of accepting blame for their own policies. They want to hurt Americans and fool them into blaming conservative politicians.
The FED lies all the time, but especially when run by democrats!
We r n a DEPRESSION right now!
Any high school graduate that wants to go to college, join the military, they will help pay for your school, plus you might learn something about your self. And the rest of the world. Instead of being a one sided, ilinformed,ignorant sob like most young people are
Loved wells comment that this hike “could” make us feel pain. LOL. Substitute WILL for could.
With competent people,over the last ,what,20 yrs.none of this would be a thing.debt shouldn’t be a thing.immigration,money printing.- Do we have to be stupid,isn’t there alternatives.nevermind. Oh yeah,it’s all intentional,there interests and ours are very different.makes sense,if we just see it for what it is.but it’s worse than that.good people,honest,are fewer than ever b4.decade after decade…we lose ground,and we only have 2 lousy parties to choose from.freedom is just a bad joke now.thanks a lot politicians.
The Dems are inflating the job numbers with illegal immigrants.
If you want to live in prosperous country, everyone should vote a straight Republican ticket this midterm election!
I'm trying to figure out what's the right rate of interest to pay the communist gue criminals for "creating" the fake money out of the thin air 🤔.
The federal reserve, communist criminals charging taxpayers interest on fake money they conjured up out of the thin air since 1913.