posted on Aug, 6 2022 @ 07:10 AM
a reply to:
vNex92
I'd rather have a strong job report with our current economic conditions than not. The company I work for has been actively hiring for three
years...we still are.
I'm not a fan of this administration but we live in very complex economic times. It's not easy to say this group is bad because they don't care (which
both sides will do anyways). Yes, we have very high inflation, but there are multiple reasons: loose money policies, supply chain issues, high energy
costs, etc.
I disagree with the notion that they are ignoring the issues. Interest rates are rising and gas prices are decreasing, which are two good steps.
Inflation exists only for some goods. I picked up some electronics 25% cheaper than a year ago. Same make and models. That's not even adjusti g for
inflation. Other goods are cheap right now, as well. Unfortunately, it's the necessities that are inflated.