Roosting Demand News Today

"america reports" on this friday. white house getting good news on the jobs market but will a massive spending plan send the economy into another tailspin, making an already bad inflation problem even worse? hello, everyone. i am sandra smith in new york. >> jon: i am jon scott info john roberts. the labor department says the u.s. added 528,000 jobs last month. the on employment rate also falling slightly to 3.5%. >> both numbers beating expectations. wages are still largely out of ste...

They are saying the proposed 433 billion in spending would create immediate inflationary pressures by roosting demand while the supply-side tax hikes would constrain supplied by discouraging investment and draining the private sector of much-needed resource. >> thank you for giving me a chance to react to that. its completely upside down. with the inflation reduction act, i should say the aptly named inflation reduction act does is it takes some demand out of the economy with deficit reduction. ...