Economy

bucolic_frolic

(49,831 posts)

5. It may not be as bad as the 1970s, this is a gig economy

Wed Apr 12, 2023, 04:28 PM

Apr 2023

and many are happy with gig jobs, having strengthened their futures with modern skills and minimalism.

While I think gasoline supply is stable and supply chains are recovering, I can't guarantee the electric grid nor stockouts from Chinese manufacture. Those worry me politically. Anything that makes the public mad. Recall the early 2021 gasoline pump stickers, "I did that!". Republicans thought they had a good one. But it was a 'meh'.

Edit history

Please sign in to view edit histories.

Recommendations

0 members have recommended this reply (displayed in chronological order):

9 replies

= new reply since forum marked as read

Highlight:

Yahoo Finance-Fed's Williams: The Fed has its 'work cut out' bringing down inflation [View all] sprinkleeninow Apr 2023 OP

If you remember the 70s and understand economics this is not a surprise bucolic_frolic Apr 2023 #1

But then - they'd trigger a deep, Early '80s-style recession peppertree Apr 2023 #2

Biden's inherited timing on the economy will be as bad as Trump inheriting COVID bucolic_frolic Apr 2023 #3

I hear you peppertree Apr 2023 #4

It may not be as bad as the 1970s, this is a gig economy bucolic_frolic Apr 2023 #5

In any case, it's all up to the Fed - and I fear they'll try to 'Carter' Biden peppertree Apr 2023 #6

There was 3.5% inflation for several months. The Fed target is 2% progree Apr 2023 #7

Biden and Powell met about 18 months ago, I think bucolic_frolic Apr 2023 #8

Well said. peppertree Apr 2023 #9