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18. Morgan Stanley's Zentner: Heads I win, tails you lose

Fri Oct 6, 2023, 01:24 PM

Oct 2023

What the hell does this mean: "Inflation has been decelerating faster than Fed forecasts, but continued strength in job gains will fuel doubts that the pace of deceleration in inflation will be sustained." Too many people working and taking care of themselves means that inflation has to be goosed so they lose their jobs? I wonder how many workers could remain employed if Ellen Zentner lost her job? Wouldn't that be good for the economy?

Or, maybe everyone could keep their jobs, and we take a good hard look at oil prices which are soaring for no apparent reason. But higher gas prices affect practically every sector of the economy, while company executives pocket 11 figure quarterly profits. Wouldn't it help out everyone if oil company greed was reined in? Or is that just too obvious it doesn't bear mentioning by the economic wizards?

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September Jobs report STUNS [View all] onetexan Oct 2023 OP

k&r bigtree Oct 2023 #1

Hear, hear peppertree Oct 2023 #13

They are polling the young republican club. usonian Oct 2023 #2

That's an insult to taggers. Aristus Oct 2023 #4

Why do so many of my posts get labeled as insults to (fill in the group)? usonian Oct 2023 #5

I'm not picking on you on purpose. Aristus Oct 2023 #6

Just having fun, as you are. usonian Oct 2023 #10

"How DARE you?" orangecrush Oct 2023 #9

How are you doing? usonian Oct 2023 #11

It has orangecrush Oct 2023 #24

This Biden recession is killing me! Ray Bruns Oct 2023 #3

Of course CNN headlines are blaring that it's bad for ordinary Americans. Boomerproud Oct 2023 #7

People going to work to care for themselves is not driving inflation! Bluethroughu Oct 2023 #8

Exactly! mountain grammy Oct 2023 #20

Yes !!!!!!!!!!!!!! DENVERPOPS Oct 2023 #21

Time to enforce the Sherman Anti-Trust Act and break them up. Bluethroughu Oct 2023 #26

Instead of DENVERPOPS Oct 2023 #27

It's frustrating and frightening. We need to pack that court, and take some Bluethroughu Oct 2023 #28

YOU DENVERPOPS Oct 2023 #30

I really think it's the only way to get ahold of this. Bluethroughu Oct 2023 #31

Not sure why Biden DENVERPOPS Oct 2023 #32

Bizarro world ramapo Oct 2023 #12

Any economy that depends upon cheap labor ... CloudWatcher Oct 2023 #23

Yes, because it is built on slavery, not living wages for a human's time. Bluethroughu Oct 2023 #29

wtf: "highlighting concern that the labor market isn't cooling" CloudWatcher Oct 2023 #14

This!! onetexan Oct 2023 #15

The media does corporate bidding and blames labor for inflation rurallib Oct 2023 #19

Not just AFTER the pandemic DENVERPOPS Oct 2023 #22

Bidenomics to me means let the country WORK it's way through problems like inflation. Better 3.8% NoMoreRepugs Oct 2023 #16

This!! onetexan Oct 2023 #25

Everything Biden touches turns to gold. ffr Oct 2023 #17

Morgan Stanley's Zentner: Heads I win, tails you lose gratuitous Oct 2023 #18