Viewing a single comment thread. View all comments

northdancer t1_iydc57z wrote

Whatever the Fed's intentions are, they'd better get it done before the general election.

I can't imagine a Federal Bank policy of purposely throwing people out of work and increasing unemployment is going to go over well with constituents heading into a presidential election.

8

zipykido t1_iydv4mk wrote

Seems like the trim is mostly from overvalued tech companies. When you hear about the 7-eleven workers not being able to find work then we're in trouble.

10

EpicRedditor34 t1_iyesp5x wrote

I haven’t seen layoffs anywhere other than massive tech companies over hiring during the pandemic.

5