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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Personal Finance / Macroeconomic Trends & Risks
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Author: mungofitch 🐝🐝🐝 GOLD
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Number: of 4460 
Subject: Re: SHOOT THE MESSENGER!!!
Date: 08/01/25 3:36 PM
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It's kind of ironic that the sight of shooting the messenger is very much worse for the reputation and popularity of the US government/economy than the jobs number ever was. Your kid gets a bad score on his math test, so you get filmed burning down the teacher's house?

The deal with Mr Powell is even funnier, if you have a dark sense of humour. Messing with the fed is saying "we are no longer a responsibly run country". Fair enough. But if the fed DID drop rates to 1% as demanded, it would be a billboard saying the US economy is in dire trouble. Presumably the reverse of the intended effect.

Jim
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