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4min chapter
The Eggconomy
Let's Appreciate
The Fed's 2% Inflation Target
The Fed is hell bent on getting to 2% inflation the main way that they're going to go after that is through the labor market so that's softening right. Lower income earners have experienced the largest earning gains in 2021 top quintile saw declines which is the opposite of what happened in 2001 in 2008. If we want to have the softening of the labor market in a positive way if we don't want to resort to pushing people out of work we have to have immigration reform working parents support people with disabilities all really great places to start.
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