#finance
Bonuses for Bankers, Bills for the Rest of Us
#finance
Bonuses for Bankers, Bills for the Rest of Us
Politicians love to lecture the rest of us about making sacrifices while bankers are out there cashing in bonuses big enough to make you question reality. These are the same bankers who, not too long ago, nearly wrecked the global economy and had to be bailed out with taxpayer money. And what do they get in return? A fat bonus, of course, for doing such a stellar job of not sinking the system again this year. It’s like rewarding someone for not setting fire to your house after they just got out of rehab for arson. Meanwhile, the rest of us are trying to figure out how to afford rent, but hey, at least the bankers' yachts are looking good.
Trump Slams Powell: Cut Rates and Stop Playing Politics!
- Friday, 04 April 2025
President Donald Trump criticized Federal Reserve Chair Jerome Powell over his warning that tariffs will fuel inflation and joblessness. Powell stated that the US faces an uncertain outlook with elevated risks of higher unemployment and inflation. In response, Trump urged Powell to cut interest rates and stop playing politics on social media. The odds of a U.S. recession this year have increased above 60 percent, according to prediction market Kalshi.
