Climate Change: No Planet, No Jobs
“We cannot survive our way out of climate change denial”
June 27, 2020 – The rhetoric of climate change claiming that reducing greenhouse gases is detrimental to job creation and economic growth in the United States negates the fact that there will be no jobs if there is no planet. The Beltway Beast mind-set of having a binary choice of either pollution or jobs ignores the fact that more than 155,000 deaths in 2015 were related to pollution in America. Pollution alone could create lifelong hea...
Published on June 27, 2020 11:21
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Fed Chair Powell Asked for Inflation and Now He Owns It
In March 2020, Federal Reserve Chairman Jerome Powell (Fed Chair Powell) was concerned that Inflation was not hitting the target of 2%, but falling further. Well, his wish finally came true. Inflation
In March 2020, Federal Reserve Chairman Jerome Powell (Fed Chair Powell) was concerned that Inflation was not hitting the target of 2%, but falling further. Well, his wish finally came true. Inflation in April 2022 was at 8.3% (Fig.1), the highest in the last 40 years and well above the Fed’s target. However, the Federal Reserve with J. Powell as its chairman, continued to print money and kept interest rates (Fed Funds) to almost zero. The Federal Reserve (Fed) serves as the central bank of the United States and is an independent government agency.
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