@ISIDEWITHQuestions经济3wks ago

Has the government done enough to lower inflation?

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50% 是的	50% 不
50% 是的	50% 不

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@ISIDEWITH submitted…5 days5D

Biden Moves to Bar Medical Debt From Consumer Credit Reports

President Joe Biden’s administration will formally propose a rule to bar medical debt from individual credit reports Tuesday, a move that would prevent major health care bills from negatively impacting borrowing.Vice President Kamala Harris and Consumer Financial Protection Bureau Director Rohit Chopra will announce the measure, a person familiar with the plan said, speaking on condition of anonymity to discuss the move before it is made public. ABC News first reported the proposal.The move is the latest effort from the administration to help lower costs for consumers ahead of November’s election rematch between Biden and Republican Donald Trump, in which inflation will be a key issue.The proposal has been percolating for months. The CFPB said last year it was working on the change. At the time, the agency was also looking to stop lenders from considering such debts in an application and curb certain repayment practices.The exact parameters of the proposed rule and when it would take effect are unclear. Chopra told ABC it could take effect in 2025, potentially making its enactment dependent on the election.

@ISIDEWITH submitted…6 days6D

Economy, migration, war top voters' concerns in EU election

The economy, migration and international conflicts were the top concerns for voters in the European Union election, data from the bloc's biggest member countries suggested on Monday.Provisional results in the European Parliament election on Sunday night showed gains for nationalist and euro-sceptic parties that campaigned on tickets including clamp-downs on migration, citizens' economic woes and scrapping green policies.Improving the economy and reducing inflation ranked highest among citizens asked what was the most important thing influencing their vote, in a survey by polling platform Focaldata, shared with Reuters.International conflict and war was the second most important concern, followed by immigration and asylum seekers, in the poll of 6,000 citizens in the EU's five biggest countries by population - Germany, France, Italy, Spain and Poland - plus Sweden.

@ISIDEWITH submitted…1wk1W

Zero jobs created for native-born Americans since July 2018.

Standard Chartered's global head of macro, Steve Englander who in a note titled simply enough "Immigration leading to labor-market surge" adds that "asylum seekers and humanitarian parolees explain the surge in undocumented immigrants" before concluding that the continued rise in EAD approvals likely will extend strong employment growth in 2024. In other words, "strong employment growth" for American citizens, always was and remains a fabulation, and the only job growth in the US is for illegals, who will work for below minimum wage, which also explains why inflation hasn't spiked in the past year as millions of illegals were hired.Englander writes that immigration, particularly illegal immigration, "is a political flashpoint that has also become an important factor in assessing economic performance. Detailed data from US Customs and Border Protection (CBP) and US Citizenship and Immigration Services (USCIS) suggest that half of non-farm payroll (NFP) growth to date for FY24 (started 1 October 2023) has been from undocumented immigrants who have received an Employment Authorization Document (EAD)"If 100K jobs per month are fabricated birth/death artifacts (i.e., not real jobs but a statistically goalseeked fudge factor), and another 109K jobs per month are illegal aliens, that leaves just about 11K jobs for everyone else, i.e., law abiding Americans.

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