Subject: Re: Asking for each of your takes
Some of Powell's speech is in this CNN editorial. What Powell is saying would be central to the reason to cut rates, but the unsaid is much worse. If layoff rocket deflation will soar.

This Congress will need to save the American economy. But the debt is untenable as this transpires.

We could have raised taxes without paying the price. We did not.

https://www.cnn.com/2025/08/22...