BREAKING: Fed KNEECAPS Working Americans, Powell Suggests MORE Interest Rates Hikes To Come: Rising

Jessica Burbank and Shermichael Singleton discuss Federal Reserve Chair Jerome Powell's comments on interest rates. #prices #consumption

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[carycunningham]

Gee Fed, what about the free market for labor? This is what class warfare looks like. We live in a corrupt oligarchy. We need ranked-choice voting, ballot access, and more parties.

[alterculture]

RFK Jr "My mission over the next 18 months of this campaign and throughout my presidency will be to end the corrupt merger of state and corporate power that is threatening now to impose a new kind of corporate feudalism on our country"

[jayboegs]

When left and right can see the CEOs are the actual problem those CEOs better start getting scared

[guardsmennorheimofthetanit]

To lower inflation people need to spend less money. However because people seem to be only buying food now because everything is too expensive, we need to buy less food... you see how this gets bad?

[gregcollins]

The house of Cards the last 20 years were built on is Crumbling. This was 100% Predictable.

[colinsdad]

Im living the existence described in this video. I've been laid off from two Union jobs in 3 years. I work full time, but, wages have indeed grown stagnant. I'm now moving in with Family next month because my current apartment is being updated/ joined to the rest of my Landlords house. Why? He and his wife have 5 kids and they cannot afford a new mortgage. Just because people are employed doesn't mean they're actually keeping pace with things financially. I think there's many that are underemployed because they cant find anything else.

[timtawney]

The system isn't broken, it's fixed.

[Kshthymyla]

Except the interest rates aren’t the root cause. This is inflation from lockdowns and government interference

[ZachMorris]

The bottom is falling out, right before our eyes

[debbiedavid]

Being reasonable is not their priority. They are greedy plain and simple !

[brandonb]

Great points again👍🏼 Supply Chain: I have worked in design/manufacturing for 15 years…if I don’t pick at least one domestic vendor for each of my supplies (usually being forced to use foreign parts due to penny pinching) then I am an idiot and would/should be fired. The only reason the “supply chain” excuse can exist is because we sent all our manufacturing to India/Micronesia/China/etc. Force domestic manufacturing and end any future “supply chain” BS! ✌🏼😊🤙🏼

Also if you think China stole our Intellectual Property you are also mistaken. It was freely given for cheap foreign labor…now India/China both on moon…we are relying on a billionaire!!!!

[ryanolson]

Whomever is the hiring team at The Hill deserves applause. From Bri & Robbie to these two, intelligent analysis and critical perspectives, not all the same opinions nor do we need to have total confirmation bias. How it should be done!

[shanethomas]

Less jobs, lower wages
…they must maintain the misery to keep their Ill gotten gains coming in
…Akin to slavery

[canadianroots]

Thank you for including the employed in the conversation. Our wages are not keeping up with inflation. When our car gives out, the inflation plus higher interest rate really hurts. So i do get mad when politicians say the economy is good. Not for me it isn't.

[AverageJoe]

How about that Inflation Reduction Act 👍👍😂. Nice work Joe !

[jojohns]

I am voting TRUMP Times was better under Trump No war in Ukraine low interest rates and inflation

[AmericanDreamSeeker]

The masses are spending credit, not wages.

[rovermiles]

Mr. Powell is disappointing me. He should just hold the rates where there at as these moves have lagging effects and I'm feeling it - I need them to stop and hold. The corporate greed is driving the inflation right now. They should raise corporate taxes the percentage above target inflation until inflation reaches 2.5: so if inflation if 7%; the government needs to raise corporate taxes 4.5% until inflation cools to 3 - 2.5%. That is how you'll fine tune the soft landing.

[jameswhittom]

So close, yet still they don't get it.
They lay out how the Fed is manipulating the market then ask more more.
Yes, big business is a problem but Government manipulation is just as much or more of the problem.

[papasquat]

About to let the dandelions grow in my yard again so we will have something to eat. Might start learning to speak Chinese too.