know Chairman Powell has literally nothing to do with investigating the origins of the pandemic. But I guess someone should tell House Republicans.has lessons for us — about worker behavior, supply chains, the housing market, and the future of work. But Republicans aren't interested in learning them. GOP economic orthodoxy does not leave room to adapt to extraordinary situations, not even a once-a-century pandemic recovery.
The Republican performance was abysmal because none of them were engaging with the strangeness or the opportunity of our economic reality. Scalise of his questioning time patting the Trump administration on the back for its handling of the economy and complaining about how lockdowns ruined that run — as if the lockdowns were for funsies and not a consequence of a deadly virus spreading everywhere. When he talked about inflation, it was only to berate Powell and argue against government spending.
The other half of the time, Scalise just pontificated about the role of government benefits in holding back the labor market — a constant GOP complaint that has been solidly debunked. When Powell tried to explain how quickly the labor market would come back —"I strongly suspect labor supply and job creation will be moving up well over this year" — Scalise ignored him. Scalise, after all, was not looking for actual knowledge.
When Powell mentioned that workers were hesitant to go back to the labor market for a variety of factors, including a lack of childcare and fear of the virus. See, we're learning from this economy: It's pretty clear that widespread childcare programs could help people out of work get back to it faster. But the GOP hates any government program — even ones that could help parents get back to work — so they just ignore the entire lesson.
lopezlinette Wasn't it democrats pushing to close everything?
lopezlinette BI is nothing but another biased organization constantly inconsistent ... just an arm of the Democratic party.
lopezlinette nice
lopezlinette Great opinion 👏👏👏👍
lopezlinette Republicans: wrong about fuckin' everything
lopezlinette They’re opportunists. They don’t actually want to know how to help the country but would rather criticize Biden and blow Trump.
lopezlinette For all those who are new to this working from home Bitcoin trading options Here's a little tip: Get a trusted Bitcoin expert and stick to her Lucille61043 Invest and play at similar times each day. Because : In times of chaos, your investment is your anchor to success
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