Hemry, Local Bartender
It's absolutely insane to me that the media across the board has universally decided that more people having jobs is Bad, Actually
The idea that we must make the jobs numbers worse at any cost is total mirror-world nonsense from billionaires and Paul Volcker's ghost, and yet it's presented by all business reporters as the commonest of sense, every damn day
"Oh but that's just the Financial Times, of course they're in the pocket of big business" welp here's the local news casually thanking god that job growth has slowed
Another local news source gets in on the act, explaining to readers that the fed intentionally making the labor market worse for workers is normal and good
This here, from Business Insider, is just gaslighting. If there's a goldilocks number for jobs growth, what is it? They won't say, because the whole "analysis" here is a cover for the real point, which is that fewer americans should have jobs
Reporter just openly stating that companies having to compete and pay more for your labor is bad. GFY!
Thank god we have the chief economist at JP Morgan here to tell us anything above a 3.5% a year raise would be simply un-American.
Also note the sleight of hand here- "aligned with 2% inflation" doesn't mean "will bring inflation down to 2%." Just openly screwing wage earners
The media is failing badly in terms of both-sidesing things when it comes to cultural issues, gun violence, holding Rs accountable for crime and corruption etc etc, but when it comes to crushing the labor market there's no both sides about it, just "The fed MUST hurt workers"
Spare some blame for Joe Biden, whose welcome support for organized labor is completely undermined by his administration's tacit approval of the fed being puppeteered by whiny billionaires into declaring war on those very same workers.
