nikcers
Member
- Joined
- Feb 1, 2015
- Messages
- 15,221
Jay Powell already recently said the tax base has peaked and jobs aren't being created anymore and implied that they wouldn't be because of AI.
I don't know if that information is true or not but if it is true then even lower interest rates wont help us.
The federal reserve has always had a lever to pull that would create jobs and create maximum employment.
He seems to already believe that we have reached maximum employment and many young people don't have jobs.
JD Vance said that the people would need to pressure their representatives to act if something like this ever happened - if they wanted to remain "sovereign citizens".
The only mechanism the government probably has would be to maybe lower taxes even further, to incentivize the free market.
A tax cut for people making under 250k a year would be a big deal.
I don't know if that information is true or not but if it is true then even lower interest rates wont help us.
The federal reserve has always had a lever to pull that would create jobs and create maximum employment.
He seems to already believe that we have reached maximum employment and many young people don't have jobs.
JD Vance said that the people would need to pressure their representatives to act if something like this ever happened - if they wanted to remain "sovereign citizens".
The only mechanism the government probably has would be to maybe lower taxes even further, to incentivize the free market.
A tax cut for people making under 250k a year would be a big deal.
You would think getting mugged on a NY subway would be easy enough.