“The Fed needs to think, are we responsible for what’s happened in inflation? Or are we actually just driving up the cost of housing and debt for families?”
ICYMI: @KittyRichardsDC joined @SquawkCNBC to discuss last week’s jobless claims.
.@KittyRichardsDC joined @ActSecJulieSu, @NYCComptroller, & Jonas Kron for “Leveraging Worker Voice in Financial Markets & Exploring New Data,” a panel discussion on how to ensure workers’ voices are represented in the data we use to evaluate our economy. Thanks for having us!
How much money do you have and how do you feel things are going are two very different questions. It’s weird how people keep asking economists to weigh in on the public’s response to the latter one.
Strengthening our supply chains and reining in corporate profiteering go hand-in-hand in bringing down prices for workers and families.
Larry Summers may have changed his tune on inflation, but the effects of the Fed’s misguided rate-hiking campaign remain. @ddayen says it plain in @theprospect: “A main impact of the Fed’s inflation-fighting has been to ruin the economics of clean energy.”
NEW from the #ProsperUS blog: Striking workers risk so much when they walk off the job. Qualifying them for unemployment insurance would reduce the burden & make standing up for better working conditions easier.
@NelpNews’ @AmyMTraub makes the case 👉
“[The #CPI report] reflects prices for rent from a year ago… It’s time for the Fed to ask, did we go too far? What real damage are high interest rates causing?”
@KittyRichardsDC joined @SquawkCNBC this morning to break down the CPI data.
This is why it’s so crucial to rein in corporate profiteering.
Corporations are artificially raising prices to increase profit margins, and they’re doing so at the expense of workers and families.
“It is impossible to ignore that this administration has already marked a sea change in economic history.”
@RanaForoohar explores how the post-neoliberal economic narrative has come into focus throughout Biden’s presidency im @monthly.