Panelists John Carney and Michael Faulkender react to the tightening of the U.S. labor market on ‘Kudlow.’
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00:58 Wonder what this guy looks like when hes caught off guard?
Its no secret that there will be 2 more hikes. Probably 25 points each.
IV. The good news, despite the current high rate of inflation, Americans continue to massively invest in AI. That's the future. They also continue to consume and go on vacation. They have saved enough during the COVID.
III. However, I don't want to blame the FED. They are doing their best. It belongs to us to fix the High-income Trap. In fact, in the context of High-income Trap, high rate of inflation tends to accelerate the massive transfer of the wealth and wellbeing of Lower and Moderate Income Workforce throught the increase of price.
I. Hi there everyone.
II. Really love this video. I hope that Biden is not going to repeat the same mistake Pr Obama made when he was in charge. Yes! they did create jobs with the Reinvestment Act. But many of them were low and middle jobs in the services where the productivity and productivity growth gains were very low compared to the manufacturing sector.
Doing so will amplify the Socioeconomic Inequalities due the High-income Trap. Currently, Low wage workers account for 44% of workforce while US is a high-income country.
Unfortunately, Biden is repeating the same mistake with Inflation Reduction Act. And Michael Faulkender said it very well: " If You look at the jobs gains, they were Government, they were healthcare, social services and the construction jobs". 60 000 of jobs over the more than 100 000 jobs were Government.
We don't have enough private jobs and we don't have enough Export-oriented Jobs and we don't have enough Manufacturing Jobs neither.
😘I feel incredibly fortunate for having made wise financial choices that have had a life-altering impact. As a single father residing in Toronto, Canada, I successfully purchased my second home in September. If everything continues to progress positively, my aspiration is to retire next year at the age of 50🥰🥰
Please no
We been in a recession for past months. Also I went to walk in the park on a Thursday and saw so many people walking in morning between 9am to 3pm. Shows you people are not working.
Food wars
The factory where I work runs 12 lines….we are down to 4 lines now within the last year SMH ridiculous
Only when they deliver missiles 😊
oh WPA type make work for less than existing wage perfect for economy
I hope so soon savings at 6.0% and credit at 55%
Homelessness drugs crime inflation mental health America nothing, Ukraine billions GOP 🦜 babababa impeachment no
Dude looks high.
Why doesn’t the press ask KPJ how can Biden claim inheriting at bad economy when it was growing? Nobody asks!
Biden is doing the same thing as Obama by giving money to the green energy companies to survive but once the money is gone, they go bankrupt
The Federal Reserve Bank cannot reach its stated objective how long are we gonna play this game
My opinion is in Trump administration I never get a raise in my paycheck for four years
I'm in construction in NYC & LI and it has noticeably slowed for union & non-union companies. I see and feel it. Loans to owners & developers are not happening to fund the projects and it's not going to happen until they stop raising rates
well food is up another 20% in the last two weeks Inflation is not coming down and large companies like walmart are laying off and cutting pay
I am a retired military person, I work for the DOD….taxes are killing my family…..can't afford a well balanced diet for my family….our credit cards balance are raising to feed our families……..come on Joe…..you are starving us AMERICANS……..
That’s what I’ve been saying people are putting money into things that don’t make sense funding projects that are farces just to siphon money
Deficit spending yup as well as too many deadlines for things that don’t need it prices of everything keep going up for no reason, I get the whole supply and demand but demand slowed down and prices stayed up
If the Democrats couldn't fleece your wallet they would cease to exist.
Joe is the guy who steals your wallet and returns it to you empty.
Quit interrupting …..Larry been drinking?
US officials visited China but not China officials visited US US officials taking notice and directions from China officials.
China can’t reinvestment 1 trillion $ US treasury bonds no place in other nations only in U.S.
Economy is strong Fed 10% interest rates not slowing down
Has anyone taken Kudlow's pulse?
Kudlow quit interrupting your guess! Jesus! Another so call smart economist who doesn’t have a clue! Where do these people come from! I could have had inflation in check before it hit 9.1%!!