NEWS

Countering the Debt Ceiling Madness

If you’ve been watching the news, you’ll have noticed that the narrative of the moment is the debt ceiling. From the mainstream media to the independent, media outlets are discussing the debt ceiling using the exact same status quo narrative of “federal taxes fund federal spending”. Federal taxes do not fund federal spending. Congressional appropriations …

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Fed Chairman Powell Wants Higher Unemployment to Stop Inflation

Twitter Thread:  Consumer Price Index is 9.1%. year over year. The Fed’s solution is to raise interest rates, killing the economy to bring down. A thread about establishment logic.  #CPI 9.1% Fed Chair Powell wants to raise unemployment and lower wages to fight inflation. Recession risk is a lower priority. https://www.marketplace.org/2022/05/12/fed-chair-jerome-powell-controlling-inflation-will-include-some-pain/   But, many sectors of the economy …

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