I don't see how this is FUD. The fed is intentionally trying to "soften the labor market"[0], and one of the ways the intend to do that is to invoke policies th

I don't see how this is FUD. The fed is intentionally trying to "soften the labor market"[0], and one of the ways the intend to do that is to invoke policies that will increase unemployment to at >4%. Increased unemployment is a target of the current policies. The stated reason for this appears to be inflation control and particularly a wage-price inflation spiral[1], again, fixed with increased unemployment. I don't think any of this should be controversial from an economics or fiscal policy standpoint, this has been the playbook since stagflation in the 70s. [0] https://www.federalreserve.gov/newsevents/speech/powell20220826a.htm https://www.federalreserve.gov/newsevents/speech/powell20220... [1] https://www.cbc.ca/news/business/wage-price-spiral-column-don-pittis-1.6499147 https://www.cbc.ca/news/business/wage-price-spiral-column-do...