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Joined: Sep 2006
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Legend
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Legend
Joined: Sep 2006
Posts: 67,388 Likes: 1306 |
But there's only one side to this haven't you heard?
Intoducing for The Cleveland Browns, Quarterback Deshawn "The Predator" Watson. He will also be the one to choose your next head coach.
#gmstrong
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Hall of Famer
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OP
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There is a large recession lobby in Washington these days that seems to view a recession as a positive good for the economy and society. The basic story is that we have seen a big jump in inflation associated with the pandemic and the war in Ukraine. They argue that a recession will be needed to bring inflation back down to acceptable levels. The logic is that the higher unemployment associated with a recession will force workers to take pay cuts. This will reduce inflationary pressures in the economy. https://cepr.net/republicans-another-reason-a-recession-would-be-really-bad-news/Correct - that's what they are doing. They are doing it because government employees are recession-proof and won't be hurt by a recession. Meanwhile, the rest of us will get taken to the woodshed. However, it is not the Republicans doing it - it's the feds forcing us into a recession so they can get inflation down to 2%. Jerome Powell said it would be done at all costs and I am sure I can find a quote of him saying that too. This is what I have been saying since around July/Aug.
Blocking those who argue to argue, eliminates the argument.
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Legend
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Legend
Joined: Sep 2006
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So only "your reality" can be right? We've been hearing that for a while now. again... the two are not mutually exclusive if people just pay attention. One talks about an unquantified uptick back in October while the other specifies a 0.6% downturn in November. So, perhaps things had the appearance of improving back in October and that gave hope for an Ok Q4, but it looks like November put that on hold.
Browns is the Browns
... there goes Joe Thomas, the best there ever was in this game.
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Joined: Sep 2006
Posts: 67,388 Likes: 1306
Legend
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Legend
Joined: Sep 2006
Posts: 67,388 Likes: 1306 |
Intoducing for The Cleveland Browns, Quarterback Deshawn "The Predator" Watson. He will also be the one to choose your next head coach.
#gmstrong
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Forums DawgTalk Palus Politicus Are Mass Layoffs and Hiring
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