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UPS Union Issues
Wages and inflation
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<blockquote data-quote="Up In Smoke" data-source="post: 5245727" data-attributes="member: 79702"><p>What people fail to see is for the last 14 yrs (since September of 2008) the government has propped up every financial aspect of our lives through spending programs. The talk then was "who's going to pay for it?" That time has come. The fed is attempting to move out of the way and see if we are strong enough to survive without all the sugar. They tried in September of 2018 to raise rates and ease QE, but the economy couldn't withstand the weight and we injected more money. Time will tell if this time we are strong enough.</p></blockquote><p></p>
[QUOTE="Up In Smoke, post: 5245727, member: 79702"] What people fail to see is for the last 14 yrs (since September of 2008) the government has propped up every financial aspect of our lives through spending programs. The talk then was "who's going to pay for it?" That time has come. The fed is attempting to move out of the way and see if we are strong enough to survive without all the sugar. They tried in September of 2018 to raise rates and ease QE, but the economy couldn't withstand the weight and we injected more money. Time will tell if this time we are strong enough. [/QUOTE]
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