Progressive economists warn of interest rates and how it will drive the US into a recession

Progressive economists warn that the Federal Reserve's policy of raising interest rates will drive the US into a recession.

Robert Reich explains why the rate increase is a misguided solution and what the US government really should do.

Progressives campaigned against reappointing Powell as the head of the Federal Reserve, explaining that he would be likely to follow his bad ideas to make decisions like this one.