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Powell's job is to fight inflation. Congress's job is to tax the rich and bust trusts. Congress used its not-new decades-old authority to force a contract that
by hgsgm 4y ago
Powell's job is to fight inflation. Congress's job is to tax the rich and bust trusts.
Congress used its not-new decades-old authority to force a contract that 8 of the 12 unions already agreed to, to protect the larger economy (including most workers).
New unions are popping up at Starbucks and others. Wages are going up at the low-wage end of the workforce.
Is the tax rate on the ultra wealthy too low? Probably. But it's not "an all time low". The police aren't out killing workers like they did a century ago.