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Sen. Warren ‘very worried’ the Federal Reserve ‘is going to tip this economy into recession’
Fox business ^ | 08/28/2022 | Jessica Chasmar

Posted on 08/28/2022 9:30:00 AM PDT by ChicagoConservative27

Sen. Elizabeth Warren, D-Mass., said Sunday she’s "very worried" that measures taken by the Federal Reserve to tame inflation are going to put "millions" of Americans out of work.

During an appearance on CNN’s "State of the Union," Warren said she’s concerned that the Fed’s continued raising of interest rates could "tip" the country into a recession.

"I am very worried about this, because the causes of inflation, things like the fact that COVID is still shutting down parts of the economy around the world, that we still have supply chain kinks, that we still have a war going on in Ukraine that drives up the cost of energy and that we still have these giant corporations that are engaging in price gouging," she said.

(Excerpt) Read more at foxbusiness.com ...


TOPICS: Business/Economy; Culture/Society; Government; News/Current Events; US: Massachusetts
KEYWORDS: baldfacedliar; chiefslingingbull; economy; elizabethwarren; fauxahontas; federalreserve; jessicachasmar; massachusetts; powwowcow; recession; warren
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To: ChicagoConservative27

There’s going to be lots of unemployment unless illegal invasion is stopped.


21 posted on 08/28/2022 9:47:51 AM PDT by Brian Griffin
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To: ChicagoConservative27
Too late, Princess Wampum.

It has already started. Ford announced cutting 3,000 white-collar jobs. Best Buy is cutting jobs across the US. Walmart is eliminating 200 corporate jobs.

A related FR thread:
The Layoff Tsunami Has Begun: 50% Of U.S. Companies Plan To Eliminate ... jobs within the next 12 months.

22 posted on 08/28/2022 9:49:48 AM PDT by TomGuy
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To: ChicagoConservative27

Two years ago Democrats shut down large parts of the economy, and over a virus millions of unvaccinated Americans have proved that they can live with.


23 posted on 08/28/2022 9:50:54 AM PDT by Brian Griffin
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To: ChicagoConservative27

Figures. More worried about her investments and Wall Street than the middle class. These people reprehensible.


24 posted on 08/28/2022 9:51:58 AM PDT by cp124 (80% of everything is fake or a lie.)
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To: ChicagoConservative27

Crockajawea no-seeum blame for heap big commie policy.


25 posted on 08/28/2022 9:54:38 AM PDT by sauropod (Unbelief has nothing to say. Chanece favors the prepared mind.)
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To: ChicagoConservative27

It’s OK. We’re in it, and recessions are a normal and required part of free market economies.

Plan how to handle it, and how to take advantage of what comes as it ends. Look forward, write your 1 year, 5 year and 10 year plans.

Tagline below tells the truth.


26 posted on 08/28/2022 9:59:23 AM PDT by SaxxonWoods (The only way to secure your own future is to create it yourself.)
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To: rktman

Crockajawea no-like-um smoke signal from Chief Jerome.

She now want-em firewater.


27 posted on 08/28/2022 10:01:21 AM PDT by sauropod (Unbelief has nothing to say. Chanece favors the prepared mind.)
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To: ChicagoConservative27
And we all know it's the federal reserve that spends money they don't have. If we had 8% interest rates you dingbat,spending would decrease and your debt service would increase. People wouldn't borrow money to pay for things they should have saved for. Banks would compete for deposits again to maintain liquidity. Saving would be rewarded with 5% interest yield.

If tech stocks are such a great investment why do they need money at 1.5% to hold their value? In reality they become state controlled businesses hooked on stockholder cash to inflate their revenues and almost free cash from investment banks to sustain operations. At 8% money you have to make stuff and not have people speculate you're going to make stuff.

28 posted on 08/28/2022 10:01:31 AM PDT by blackdog (Cooler King Joe, killing a winning nation every day. )
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To: Brian Griffin
Yes, she parades her ignorance of Econ 101 as though she were streaking it.

As an aside, watch her speak and you may observe that she is one of the more naturally unhappy humans on our fine planet.

29 posted on 08/28/2022 10:02:16 AM PDT by Seaplaner (Never give in. Never give in. Never, never, never...in nothing, great or small...Winston Churchill)
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To: sauropod

Powell heap big proxy for dumb pow wow chief. Him easy straw man.


30 posted on 08/28/2022 10:04:00 AM PDT by blackdog (Cooler King Joe, killing a winning nation every day. )
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To: ChicagoConservative27

Yeah?

And what have YOU done to prevent that?


31 posted on 08/28/2022 10:04:06 AM PDT by metmom (...fixing our eyes on Jesus, the Author and Perfecter of our faith…)
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To: ChicagoConservative27
NO! You ignorant fool!

Biden's policies, which you endorse, will drop the economy into recession!

The Fed DOES NOT HAVE THE TOOLS to fix STUPIC LEGISLATION!!!

32 posted on 08/28/2022 10:04:24 AM PDT by G Larry (May God continue to Bless Jim Robinson!)
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To: Seaplaner

Strange isn’t it? Really stupid people are always happy. It’s the liars that are unhappy. So something tells me why she’s perpetually unhappy.


33 posted on 08/28/2022 10:06:15 AM PDT by blackdog (Cooler King Joe, killing a winning nation every day. )
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To: sauropod

Endless material on Warren in old reruns of “F-Troop” Too accurate for fiction really.


34 posted on 08/28/2022 10:08:35 AM PDT by blackdog (Cooler King Joe, killing a winning nation every day. )
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To: ChicagoConservative27

Well, she’s a communist idiot. So there’s that . . .


35 posted on 08/28/2022 10:08:47 AM PDT by MCSETots
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To: NWFree

Her maiden name is Herring. This may be a red herring.


36 posted on 08/28/2022 10:09:50 AM PDT by gundog ( It was a bright cold day in April, and the clocks were striking thirteen. )
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To: ChicagoConservative27

Que the Dan Akroyd Weekend Update line....”Liz, you ignorant Slut”.


37 posted on 08/28/2022 10:10:09 AM PDT by blackdog (Cooler King Joe, killing a winning nation every day. )
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To: ChicagoConservative27

It’s a propaganda play. By saying this the lying witch forwards the narrative that we are not in recession now and when it gets worse the rats will blame the Fed for sending us into a recession.


38 posted on 08/28/2022 10:15:15 AM PDT by gibsonguy
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To: ChicagoConservative27

She really is stupid isn’t she? There was never much doubt but that has all all been removed now.


39 posted on 08/28/2022 10:19:54 AM PDT by Sequoyah101 (Politicians are only marginally good at one thing, being politicians. Otherwise they are fools.)
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To: ChicagoConservative27

We’re already there tuts.


40 posted on 08/28/2022 10:25:06 AM PDT by FLT-bird
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