https://theintercept.com/2023/01/06/unemployment-inflation-fed-interest-rates/

> The drops in both new jobs and wage growth contained in a Department of Labor report released on Friday elicited cheers from financial world insiders.

> "This is a really terrific jobs report in lots of subtle ways" tweeted Neil Irwin, Axios’s chief economic correspondent. He said,"Job growth is soft-landingish" — polite econ-speak for saying growth is decreasing steadily.

Jerome Powell's anti-worker, anti-people orientation means that he needs to be removed from office and replaced with someone who puts people before bankers and corporate management.

"F*ck the bankers" should be heard on every street corner until even corrupt Congress-members do the right thing for once.

> Sen. Elizabeth Warren, D-Mass., has warned that the Fed's rate hikes "risks triggering a devastating recession." Warren's assessment was echoed by the Fed's own research, which this summer warned that, in a past example, aggressive interest rate hikes in rapid succession resulted in the depression of 1920. The United Nations has also called on the Fed to stop its rate hikes, warning that it risks a "global recession." The International Monetary Fund issued a similar warning, as did a World Bank paper.

We all know that Congress and the President won't do the right thing unless there is so much pressure from the voting public that they have no choice.