Monday, October 08, 2018

FED CHAIR - Different Era For Workers' Wages

HINT:  Trickle-Down economics is a Republican myth.

"Fed Chair Jay Powell: U.S. may be in a different era for workers’ wages despite economic gains" PBS NewsHour 10/3/2018

Excerpt

SUMMARY:  Federal Reserve Chairman Jay Powell discusses the state of the economy, bigger changes in the job market and why wages haven’t caught up with other economic trends in a conversation with Judy Woodruff.  At the Atlantic Ideas Festival, Powell also explained why he supports “gradually” increasing interest rates and how the strong economy hasn’t reached every American.

No comments: