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
That shocks you? Here's another news flash for you, Marianne: when the Democrats see that they're losing on all fronts (because they absolutely refuse to lift a finger to help the American people), they'll decide that the only solution is to move to the right.
Replying to @marwilliamson
Nail in the coffin for the #BidenAdministration @POTUS
Replying to @marwilliamson
It's going to take some time for the economy to settle down because of the higher wage. The Republican thorn in the side is the manipulation of high gasoline prices to keep inflation alive and to blame the Democrats for it.
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Replying to @marwilliamson
Well he will do that by tanking the economy. Also he sold all his equities at the top.
Replying to @marwilliamson
But that is the point of Capitalism, to maximize profits. You can't do that by giving your wage slaves more money!
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Replying to @marwilliamson
God is waking people up! Americans on both sides of the aisle see the deceptions now, and there’s no going back once awakened! 🇺🇸🙏🏻
Replying to @marwilliamson
Since it's creation, the Fed has been a scam perpetrated by the very very wealthy against everyone who's not a member of the .0001%. Bankers don't care how many of us die for their profits. And their lust for money is insatiable. Boom & bust is planned wealth extraction.
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Replying to @marwilliamson
The Dept. Of Education just informed me that they've, "sold" my debt to a private credit-card company. Nothing I can do about it. It's done. Teaching special education on a reservation. Still doesn't qualify me for relief. Made a deal with the devil just to get a meaningful job.
Replying to @marwilliamson
Wage inflation is part of inflation.
Replying to @marwilliamson
Sounds like a good idea — let’s start with CEO salaries.
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