This chapter discusses the revisions made to the previously published statistics on real hourly compensation increases, showing a significant decrease in wages. The speaker attributes this to a stagnating economy and declining labor and wage increases. The chapter also touches on the Federal Reserve's hesitance to raise interest rates and the tightening lending standards by banks, causing difficulties for entrepreneurs.
After Twitter visibility limits “What Is A Woman?” for supposed misgendering, Elon Musk steps in to restore free speech standards; Joe Biden falls down at the Air Force Academy graduation – but are we allowed to laugh or not?; and the Biden economy is petering out.
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Ep.1738
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