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Anthony's avatar

Very early into Covid I remember some podcast inflation debate, when someone mentioned, paraphrasing "the DEMS (I'd prefer UniParty) are very crafty, not only will increased immigration garner them Votes, but it'll lower wages too, countering to a degree MMT-QE...."

How much does DEI contribute to Native-Citizen born Quiet Quitting I wonder. It should be well known, that immigrants, weather legal, or especially Illegal, will typically Work Harder, Longer, For Less, With less Fuss, and demand less benefits, than native-born workers. Qui Bono?

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Steven  VanHeyningen's avatar

This was the only place I heard about Powell's comments on Immigration.

I had seen the chart about foreign workers before.

Wonder how they get those numbers and

how accurate they are?

J. Powell has really grown into that job

and learned from his mistakes.

Seems to have decided not to let the Hedge Funds push us back into easy money again.

He also called out the profligate spending of the Treasury, although not by

name.

Bully for him !!

As an independent voter and America

First patriot, 2 things bother me about President Trump.

The 60 % tariff idea is well, insane.

Some targeted tariffs on China, possible.

Trade wars have unforseen consequences.

He also needs to clarify his position

on EVs. Its one thing to be against Govt

mandates and subsidies; it's another to be against Progress and clean air.

Thanks for you work.

PS: listened to Jeff Gunlach's

Fed Day analysis. He's still looking

for that elusive Recession.

Even the great ones find this economy

a little hard to understand.

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