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Jerome Powell has said the US debt is on an unsustainable path:
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Powell rarely mentioned the unsustainable U.S. debt in his first six years as Fed chair. Since the election, it’s in nearly every speech. Draw your own conclusions.

Are you saying that printing money was a bad idea?

I noticed that Jerome Powell didn't really say we need to cut spending, instead he said grow the economy faster to match the spending. Well based on how I see the government operating in the past, if we grow the economy faster, it would only mean the government would spend faster. Besides, increasing the economy doesn't necessarily mean everybody has an increase in wages. I've been making the same money since I started my business in 2011, my wages have not increased my income per year has not increased even though the GDP has. So growing the economy, is it going to be good for all of us. It's only going to be good for some of us and be harder for others. We really need to cut government spending. That's the real solution. A stable economy and government fiscal responsibility, that's the true solution.

He finally said something I agree with

The U.S. DEBT is on permanent BULL MARKET !

Interesting that he comments now on fiscal policy. He refused to comment on fiscal policy over the last 4 years.

He’s a huge part of the problem lol

DOGE to the rescue?

Powell has always said this? Yet what is he doing about it? This is the same ole stuff let’s bring back the guy who said go efff yourselves last year on this show

Powell’s warning highlights a critical economic challenge. 🏦📉 Addressing the US debt issue is essential to ensure long-term financial stability. Will policymakers take action before it’s too late? 🤔💸
