At a time when the majority of people in US would need a 77% pay raise to make a living wage, the Fed thinks what we need to do is to try to “get wages down.”
NEWS: As workers are getting crushed, Biden’s Fed Chair Jerome Powell just said his goal is to “get wages down.” Powell is a former private equity mogul. levernews.com/the-fed-declar…

Jun 14, 2022 · 11:33 AM UTC

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Replying to @marwilliamson
Current Fed Chair was chosen by last R President and current D President. Almost like the problem isn’t partisan.
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Replying to @marwilliamson
Our government is clearly not working in favor of the American people—And it has become so blatant that they are not even pretending it is so.
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Replying to @marwilliamson
I would sooner see Biden implement a price freeze on the cost of rent, housing, gas, food, etc. Freeze prices not wages.
Replying to @marwilliamson
We Are The People, Alexandria Ocasio-Cortez is our FEARLESS Leader... Cortez/Sanders 2024 !!
Replying to @marwilliamson
The first Democrat to devote themselves to cutting the nuts off these bastards will have a devotee for life. Biden allowing them to slink off in night will not do. This IS STORY that will play out in culture war while rich sit and watch.
Replying to @marwilliamson
Disgusting ! They always do the exact opposite just to TORMENT & TERRORIZE the People like with the Vaccines !
Replying to @marwilliamson
Which is what this inflation is all about. You want $15 min? You want M4A? Okay! We gonna punish you for wanting it. Only the rich get to enjoy luxury. Now get back to work
Replying to @marwilliamson
That's what happens when "Wall Street Moguls" join any administration ... Every "Monetary Fix" is placed on the backs of those least able to pay!
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Replying to @marwilliamson
The stats show US productivity has gone up and wages have stagnated in the past 40 years.