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Forum ยป Unemployment rate down to 3.7% vs. expected 3.9%; Biden PRAISED for soft landing
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Thread: Unemployment rate down to 3.7% vs. expected 3.9%; Biden PRAISED for soft landing

post 1699344993 03-17-2024, 05:51 PM
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#181
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Originally Posted By nutsy54⏩
Unemployment has been overallincreasingfor nearly a year. How is that a "Boom"?(Or are you simply mocking Ecto's laughably failed thread?)
Didn't the Fed say they were going to keep raising rates until unemployment went up?
post 1699390503 03-18-2024, 05:09 PM
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#182
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Originally Posted By NYPat⏩
Didn't the Fed say they were going to keep raising rates until unemployment went up?
I have no idea. Back to the original point...can't coherently praise Biden for low unemployment, when it's been increasing for nearly a year.
post 1699391203 03-18-2024, 05:28 PM
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#183
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Originally Posted By nutsy54⏩
I have no idea. Back to the original point...can't coherently praise Biden for low unemployment, when it's been increasing for nearly a year.
Why can't you? The Fed raising rates over and over and over and you're complaining about unemployment still under 4%, while still avoiding a recession?

Guess there's no making you people happy unless the guy in the White House has an R next to his name..
post 1699409903 03-19-2024, 05:37 AM
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#184
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Originally Posted By NYPat⏩
Why can't you? The Fed raising rates over and over and over and you're complaining about unemployment still under 4%, while still avoiding a recession?

Guess there's no making you people happy unless the guy in the White House has an R next to his name..
The thread topic is literally "Biden", not the Fed. So why are you deflecting fromBiden?

The Fed funds rate has been flat since August. Why do you describe that as "raising the rates over and over"?
https://fred.stlouisfed.org/series/FEDFUNDS
post 1699410043 03-19-2024, 05:42 AM
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#185
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Originally Posted By nutsy54⏩
The thread topic is literally "Biden", not the Fed. So why are you deflecting fromBiden?

The Fed funds rate has been flat since August. Why do you describe that as "raising the rates over and over"?
https://fred.stlouisfed.org/series/FEDFUNDS
Um because they did? And they said their intent was to keep doing it until unemployment starting going up... the thing you're trying to blame Biden for even though it hasn't even hit 4%?...

Nutsy whatever point you're trying to make here isn't working.
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