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?
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?
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.