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Personal Finance Topics / Macroeconomic Trends and Risks❤
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Author: mungofitch ✹🐝🐝🐝 SILVER
SHREWD   😊 😞
Number: of 2027 
Subject: Re: SHOOT THE MESSENGER!!!
Date: 08/01/2025 3:36 PM
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No. of Recommendations: 17
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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