Unemployment is down. Inflation is up. With the Federal Reserve Board again raising interest rates this week, plus new indications we could be in a recession, the economy is in uncharted waters. And no one seems certain about what’s next or what to do. CBS News’ chief political analyst John Dickerson helps us add it all up with the help of two experts: Lloyd Blankfein of Goldman Sachs, with the overview; and Michelle Singletary, a personal finance columnist for the Washington Post, with advice for all of us.
#news #economy #inflation
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Shared housing used to be the homeless population. The wages used to have cost of living increase based on the real rate of inflation. The minimum wage used to be linked to local housing cost and the rightful expectations of income by landlords. The minimum wage act used to mean the wages are 4 times the rent for one bedroom apartment local commute because this is the cost of living. It is illegal to pay less than 4 times the rent for one bedroom apartment local commute because it the deprivation of food and shelter. The criminal wages create homeless encampments and have to greater than a transient wage.
People working 2 jobs keeps the unemployment rate low
The game always was and is rigged
USA economics is based on palm oil and sugar slavery. Oil is a lie. Post war propaganda. Human trafficking. FDA CDC DEA HIPAA all military intelligence phishing.
Wells Fargo and Bank of America money laundering in the United States. Treasury Department fraud.
Ask the CIA for some drug money. Rick Ross
That woman is either delusional or completely entitled. Telling others to spend and tip well when literally she faked crying talking about how Americans are living paycheck to paycheck
Talking crap from rich people poor people know what shape economy is in No more free money gas is up up groceries to feed families up up So why not ask poor people who don’t qualify for food stamps or help with housing are doing? Hum seems to me you just want an answer for democrats to look good I can tell you people who are suffering don’t care which political party you belong CBS keeps on dividing Americans yet nothing about reality of working poor Do a piece on that
Raising rates hurts lower income people. The feds could cap prices but seem to have forgotten that is always an option what rampant greed is being used to gouge average citizens.
It seems Americans are so happy about recession, unfortunately this is now a harsh reality.
This is speculative "News" isnt News AT ALL!! THE FED SHOULD STOP RAISING RATES!!!This circumstance isn't the same as "normal" indications WHY DOESNT THE NEWS TALK ABOUT THE FACT THAT GAS PRICES ARE GOING DOWN!!!
“Going to the pros” The “pros” are always the conmen. Not listening to anything these conmen have to say….
Brilliant analysis of the different things to watch for on the different time frames. Good to see everyone feels the same way when they lose money, everyone thinks they could do this or that with that money which is as good as gone, instead people refuse to seek help from professionals, Edward Joseph James set to be different and unique, I made about $470k already from his day tradng, all i did was to copy his daily signals, am done having heart breaks betting and trading myself lol.
Nothing we all don't already know
Jesus is returning soon that’s clear
"Save whatever you can"
The very next sentence, "keep spending and don't forget to tip more than 20%"
🙄
The market is almost defined as something that is unpredictable. And there are forces that will try to do whatever makes it LESS predictable, to prevent others from gaming the system.
GDP is falling, with the population already working as much possible (i.e., record low unemployment). It isn’t hard to see what will happen to that system.
Save money and buy American made! 🇺🇸
Building wealth involves developing good habits like regularly putting money away in intervals for solid investments.
Financial management is a crucial topic that most tend to shy away from, and ends up haunting them in the near future.
Putting our time and effort in activities and investments that will yield a profitable return in the future is what we should be aiming for. Success depends on the actions or steps you take to achieve it.
your ability to break down economics for the average Joe and Jane to understand is top notch. You really need to create a course on trading stocks for the retail investors. Thanks for all this great content and information. Lastly get those likes up folks and share this video
I bet that black woman has ten credit cards in her purse. What a hypocrite.
Settling up an investment that would benefit you is something one would be aiming towards. I wasn’t really a fan of online business because I have actually been doubting this all my life because I have been taken before by several scammers. But after my encounter with Automate. my prospective of online trade changes and I I’m now a millionaire from bitcoin
John: "The US economy always will recover"
@636 Editor: Show a highway traffic jam in Europe. Huh??
Maybe DON'T use the guy, who helped cause the largest crash of the US market, in 2007??
This administration reminds me of the stories I heard about Jimmy Carter’s. The interest rates were in the teens!?!?
Not the most credible “experts”
The greedy rich are getting richer and the poor are getting poorer
The Market has been pretty bad until today it decided to surge. Everybody was Practically Crying then. It kept dipping. That's what you get when you feel you can navigate the process on your own. Big thank to Hilder Ferguson. I'm not bothered with how bad the Market is because my assests are insured due to her advice and I still receive my profits
Workers should own and control the means of production.
Our current poor economy is not accidental. Many of you may say, “well it’s because Biden is questionably possibly losing cognitive thought, as seen and heard many times over”. Some of you might be saying, “it’s Trumps fault because he was too greedy and now we’re paying the price”. Folks, do you remember back to prior the presidential election when Trump and Biden were campaigning across the country. Biden told certain communities something interesting. He said, to places like PA and WV where coal mining is profligate; he said, “I will eliminate you jobs, because coal is a thing of the past. Those of you young enough can go into fields like I.T. Send yourselves back to school and we will pay for it; in order for you to leave the coal mining industry and support I.T.” Biden’s first day after inauguration was spent signing 75 executive orders. 75! Some of which shut down specific coal mines. Others were to undo Trumps policies such as open the southern borders for illegal passage into the United States. Another very interesting one was to stop the Keystone pipeline. Folks when this was done, it immediately killed 75,000 pipe fitter jobs; union jobs. Probably because the other unions such as UAW and NEA out lobbied with dollars, the pipe fitters union. Here’s the additional rub; there were a lot of communities with small businesses who were affected by the elimination of that transient pipeline workforce. You see, folks, those union workers bought 5th wheels and other RVs in which to live. Others rented local housing, or perhaps purchased local housing. They all did one thing in common. They supported local businesses, be it grocery stores, gas stations, clothiers, boutiques, dentistries, barber shops, hardware stores and restaurants, and hotels, and entertainment facilities. The true numbers beyond the 75,000 directly effected were in excess of 250,000! These are real numbers documented. Were you paying attention when the Biden regime partnered with AOC and the Gang of Five to impart the largest single tax hike to support the over 13Trillion dollar spend to support The Green New Deal? This plane is to eliminate all coal fire factories, and nuclear power facilities to cease existence. Also it mandated automotive CAFE standards to stop producing the combustion engine by year 2030. For those of you in Rio Linda, that means no more gasoline or diesel fuelled automobiles by the year 2030. Still in doubt? Pay attention to the car commercials you see, and look at how many are now advertising their great strides to producing electric vehicles under the guise of being environmentally responsible. Pete Butagedge, from IN, was appointed the secretary of travel, which includes shipping of goods across our vast land and seas. He was appointed that position because “he liked to play with model trains since boyhood, and openly flaunted his gay marriage.” Folks, these were the words of your El Presidente Biden. We’re you paying attention then too??? Pete is responsible for the 16 ports of CA to have been shut down when only 3 have been open to receive cargo ships of supplies. These supply ships carry anything from building supplies to medicine to groceries. Who has ever heard of “Chinese inspection”? Chinese inspection refers to perishable goods being shipped in via cargo ships in containers. The contents have expiration dates. The cargo is delayed inspection until after the expiration date. Then they are inspected, and deemed as not acceptable, and thrown away. Folks, this all of what has been happening, and it is all by design. This presidency is Obama 2.0, as it is not a stretch to see Obama and Pelosy have been in the wings pulling the strings. “Don’t doubt me”. Rush Limbaugh. My fellow citizens, these words have all be transcripts of Rush Limbaugh, and now the truth of them is so much clearer to see because it is now out in the open. They are no longer hiding behind disguises or twisting words. They are full out proudly destroying our America as it once was. We are in a post-constitutional United States, the like of which many of us never fathomed would ever be. Rise up together to stop it.
Pelosi: ‘We Have $60 Billion for Diversity, as We Meet the Challenge of the Climate Crisis’ in the Inflation Reduction Act
Wtf??
I’m so f**king happy right now I received the sum of One million dollars for joining the illuminati organization all thanks to “ Lawofmoney “ on YouTube