Guest column: Employers' mandate for 2023
You likely did not receive a holiday card from the U.S. Federal Reserve, but if you had, it might have read something like this, "Dear employers, the U.S. Federal Reserve kindly requests that you terminate 2 million employees to help with the inflation-fighting effort. If you choose not to comply, we will continue tightening financial conditions until a recession ensues. Happy New Year!"
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You likely did not receive a holiday card from the U.S. Federal Reserve, but if you had, it might have read something like this, "Dear employers, the U.S. Federal Reserve kindly requests that you terminate 2 million employees to help with the inflation-fighting effort. If you choose not to comply, we will continue tightening financial conditions until a recession ensues. Happy New Year!"
