on April 18, 2024 Yesterday, 25 April 2024, Micron gets combined $13.6 billion grant, loan for chip plants to mfg chip memory, w the Co’s promising to invest $125 B over the next two decades that includes child care for workers
eg of invisible parroting convenient / baseless / gaslighting spins but unable / unwilling to answer as to how that is so when the Fed's charter has no mentioning of balance sheet; Fed's charter identifies its dual mandate, to promote maximum employment and stable prices yet, he can't even name one of these "economists"
Biden’s FTC just exposed one of the GOP and businesses’ biggest lies to workers, The Federal Trade Commission earlier this week voted to ban noncompete contracts for most workers in the United States. These contracts, research shows, depress wages, stifle entrepreneurial innovation and trap people in jobs they’d prefer to exit. Taken all together, says FTC head Lina Khan, they are “robbing people of their economic liberty.” These contracts were once relatively rare, used mostly for high-ranking executives and others who might possess corporate secrets they could pass on to business rivals. But over the past several decades, as American workers lost power, noncompete usage soared. It’s thought that about 18% of employees are currently working with such a contract while, at some point, 4 in 10 of us have been subject to them. Their usage runs the gamut of the workforce, from doctors and veterinarians to fast food workers and baristas. .
Wow, Jimmy John's using this on sandwich makers. Not only are they fast food workers,Jimmy John's is like the cheapest fast food sandwich. What is the purpose? They are easily replaceable. It's just evil
The irony is many of these people who fell victim to this scam are the same ones who are pro union but taking full advantage of not having a union. They clearly needed a union. The reality is if your job title needs a union, you're disposable
how soon you forget, DJT, the POTUS, didn’t need a union. He was fired by his bosses, by the largest margin ever in the history of the USA
Meh, I posted the link to the supply side economics quote. As always, whether you refuse to read or believe them doesn't mean I didn't name any. MMT is a sham made for the left who feel some desperate need to Go for Broke. When the government fights business and credit cycles with interest breaking debt, it's still throwing good money for bad. Has anyone even counted where that 8T went? What was wasted? Bidenomics! sure carries a lot of water even if its at best 1/3 of it. It does placate whiny children and morons who think writing checks our grandchildren will pay will well be Worth it... I could google why its a sham for you, but google is your friend, ya lazy joke.
You can't expect a leftist to have integrity. After all, if they had any integrity they wouldn't be a leftist.
the three greatest economic crisises over the past 90 years have been the Great Depression the bankruptcy of the financial industry, 2008 - 2009 economic shutdowns due to the pandemic worldwide the US economy has recovered from these crises using the two-prong attack of wise fiscal policies complemented by fine-tuning by monetary policies
inspite of these vivid eg of the effectiveness of the two-prong attack, there are economic illiterates parroting spins by non-economist to not leverage the US competitive economic advantage The US has built the most effective / efficient access to capital ever, leading to the US dollar becoming the de facto reserve currency of the world. It is stupid---bordering of suicidal behavior---not to leverage this competitive economic advantage
a little nuance is in order; the current debt level represents an increase of 16.67% since Biden toke office as POTUS in 2020. when Trump was fired as POTUS, the debt level was 40.43% higher than when he was hired. as a matter of fact, Biden has generated the lowest increase in debt since LBJ, some 54 years ago. Reagan and W more than doubled the debt level during their presidency https://www.self.inc/info/us-debt-by-president/ Barack Obama 2009–2017 69.98% George W. Bush 2001–2009 105.08% William J. Clinton 1993–2001 31.64% George H. W. Bush 1989–1993 54.39% Ronald Reagan 1981–1989 186.36% Jimmy Carter 1977–1981 42.79% Gerald Ford 1974–1977 47.11% Richard Nixon 34.30% Lyndon Johnson 1963–1969 15.65%
I paid $3.15 / gallon for gas yesterday. Gas prices even in the Twin Cities seem to be all over the place though wi take stations ranging as high as $3.43.
At the Fed meeting today, , Chair Powell announced that his team will significantly curtail its QT program---selling off its assets to decrease money supply and increase interest rate---beginning in June. yet, no comment from invisible, ¯\_(ツ)_/¯, who had posted this gem repeatedly during QT and this parroted job during QE ¯\_(ツ)_/¯, ¯\_(ツ)_/¯, ¯\_(ツ)_/¯, ¯\_(ツ)_/¯, ¯\_(ツ)_/¯, ¯\_(ツ)_/¯
to say that the Florida congressman Byron Donalds, is an economic illiterate would be an understatement. but some reporter used that false narrative, stagflation, on the Federal Reserve Chair at the FOMC conferernce today. Jerome Powell addressed the false narrative this way. "i was around when stagflation happened in the 1970s; 10% unemployment, high single digit inflation and no GDP growth. right now, we had less than 4% unemployment, under 3% inflation and 3% GDP growth. i don't understand people bring up stagflation, because i don't see the stag nor inflation."
Every 100 days, Biden adds 500,000 illegals into the country and $1 trillion more to the national debt. The man does not deserve a second term.
