Lori Chavez-DeRemer
π€ SpeakerAppearances Over Time
Podcast Appearances
Yeah, you don't get that time back.
That's exactly what I believe that you are saying.
Sometimes it's too late to get accurate data points.
And like I said, the household surveys were not able to be done and businesses submitted the passive information.
So is it a little too late?
It's similar to,
the Fed a little too late on these interest rate drops.
I'm looking forward to the December report on that, that they will again step up as the president has oftentimes asked them to pay attention to.
But again, because of the Democratic shutdown, we don't have that accurate data for them to make a good decision.
But I believe that the Fed needs to cut the interest rates again in December to really prop up this economy that the president has been so forceful in by bringing the trillions of dollars by the Department of Labor, really looking at the skilled workforce.
And now this is one more way for the Fed to help out the American people because of this Democratic shutdown, 43 days going on 44.
This is detrimental to the markets and to the American people.
But certainly in this administration and as a former member of Congress, for them to not see that they are hurting the American people.
We've been on a momentum of job gains.
We've been working so hard across the country to make sure that we are growing this economy and really having the workforce investments that we've been doing to only see it come to a screeching halt.
While we're not going to get the jobs numbers report because they will not open this government, we want to keep the momentum going.
I mean, that's been the goal as I've traversed this country.
We're seeing consumer confidence up.
We're seeing businesses want to reinvest in their workforce.
And this is only a real screeching halt for the American people.