But the (((mainscreammedia))) tells me that we're heading in the right dire.....oh, yeah.
But the (((mainscreammedia))) tells me that we're heading in the right dire.....oh, yeah.
The Fed is especially worried that a worker shortage in the labor-intensive services sector — everything from restaurants and hotels to airlines and entertainment venues — could keep pay growth high and make inflation more intractable.
If the economy is so bad then wouldn't people stop spending money on service sector activities? Maybe not, I was reading how because of high prices that kids 18 to 29 are living with parents at record rates, but are spending their money on luxury goods and services. Why the hell would any parent allow that?
I do get a kick out of how the Fed insists on more rate hikes after they insisted for so long this was just transitory. They are going to over correct.
>The Fed is especially worried that a worker shortage in the labor-intensive services sector — everything from restaurants and hotels to airlines and entertainment venues — could keep pay growth high and make inflation more intractable.
If the economy is so bad then wouldn't people stop spending money on service sector activities? Maybe not, I was reading how because of high prices that kids 18 to 29 are living with parents at record rates, but are spending their money on luxury goods and services. Why the hell would any parent allow that?
I do get a kick out of how the Fed insists on more rate hikes after they insisted for so long this was just transitory. They are going to over correct.
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