Janet needs tax base desperately before Jay Powell tapers. It is a coordinated effort. Now Janet is up against the debt limit and Powell's seigniorage taxes are limit up. This is a bit of too little too late and portends a rate cycle.
If Janet cannot find tax base then stimmies to California and New York stop, public sector takes a dump, Illinois goes belly up and we are in for another long rebuilding process. The do or die moment is approaching.
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