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It is getting rough out there though, we just had another round of layoffs at work and I’m not sure if I’ll make it through another one or not. . .
Inflation is up 14.49% cumulative since Biden was elected.
On top of that, the Dow is tracking -20% lower at the same point in Biden’s term vs Trump’s term.
But hey, no mean tweets amirite?
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They would never lie about something like that.
Can’t depend on D.C. to fix anything. So go fix it yourself! In fact, I’m gonna fix myself a drink and think good thoughts from the luxury of my pool. Could things be better? Sure. But they could also be a helluva lot worse.
"Homebuilders see an alarming surge in new home cancellations"
Though this article was directed locally (Phoenix Business Journal), the Homebuilders quoted this trend nationwide.
Can't be a surprise to anyone, but this is how the housing bubble starts to pop. Builders stuck with too much inventory and the buyers are spooked. Gotta start offering incentives to move inventory.
For a while the homebuilders won't cut the advertised list prices, they just offer increasingly huge discounts off of base. Can't adjust the price sheet, as that will freak out the other existing buyers under contract but facing a 8-12 month construction timeline.
But eventually the word gets out, the cancellations continue, discounts increase, and housing comes down to reality.
Which will only increase the slowdown of the US economy, people are no longer looking at huge paper profit valuations on their homes so they feel "poorer". They stop spending money they no longer have (well they never had it in the first place- just home equity that no longer exists).
If your kid is sick and he feels better one day than the next do you automatically assume he is over it? No, you wait for repetitive signs they have tackled the issue and are back to normal
So Let's ignore the fact that he lost the fucking race and give every one a participation award for just signing up.
Pit Row
Control the Language
Manipulative Narrative
Indoctrination
Allllllll based on non-reality and completely without reason.
Bring on November. We’re gonna have an all new “Whataboutism” era from The Narrative Following Minions; and, I’ll still be shaking my head and wondering why they can’t think for themselves…for just a second…
Why can’t they reason or draw their own conclusions?
Why can’t they see thru The Narrative?
Have they always been “followers”?
Would I -ever- take one of them into The Never-Never of Baja & trust that they could find their way out? (Uh, no)
Would I -ever- “be in theater” with them? (Hell, no!)
Do I trust someone that’s spent 5 years telling me I’m a racist, bigot, that there are “so many genders”, that a man is a woman, that criminals don’t need to be punished, that their riots are “peaceful protests”…and Black Lives Matter; but, anything from the right side of the aisle is racist or whatever, that thinks it’s ok to harass SCOTUS Justices, that think it’s alright to kill a Gulf Vet because she was part of the wrong riot/protest, that fuel themselves with pure unadulterated hate, that presume they’re “the smart guy in the room”, that want to tell me how the 2nd Amendment is BS …yet, they don’t even know jack shit about the Constitution nor its intent, that do nothing more than “cut-n-paste” their way thru the day…
Do I trust these same people that Justify the Epic Fail that is Joe Biden & STILL try to tell us he was “the better alternative”?
Hell NO!
So, as I almost always say, we’ll see them in November when they’re losing their shit over the “pendulum swing” that they brought on as they followed CNN down the Orwellian rabbit hole.
Revolution Calling
by changing the meanings of words, you are there by changing the meaning of laws without actually changing the laws.
this is what is happening.
GDP numbers have been skewed hence the recession argument. Even by todays "standards" we are in a recession, but if you went by the 80's and normal standards we are DEEPLY in a recession. Furthermore, it will continue to get worse.... Watch for Christmas and early next year how bad things get.
Unfortunately I am not well versed enough to debate economics too deep tbh.
https://twitter.com/RNCResearch/status/1553009093165686790?ref_src=twsr…
So why was War so important for the economy and why have we continuously been in some form? Production... Providing jobs that pay which recycles back into the economy. It essentially is killing two birds with one stone by creating supply by demand. When the world advanced war no longer has production of tanks, trucks, weapons, planes, choppers, jeeps, equipment etc. The US started turning to the private sector (large rich companies like oil, hedge funds, private security and asked for loans from them) Fast forward to when the banks got greedy with credit default swaps and the housing market 2008. Banks over leveraged and the US gov printed money to bail them out. Today we have a new concerning issue with macro economics.
More debt(housing), more printed money(inflationary gasoline), less goods(wood pellets), high demand(kerosine), and no workers(empty fire extinguisher). We do not have a way out of this mess that has not only been created, expanded upon, and kicked down the road. We are producing less, production costs are high due to wages and slow supply for demand correlation, and we continue to spend more money. If you take this simple economical issue and then add in the housing that will have many homes turn from assets to debt, banks will be on the hook for further foreclosures, 401k getting wrecked, bonds getting wrecked, high energy costs with zero actual relief in sight, PCI being high. We have endless major issues. The average american needs to wake the hell up and understand just how bad things are, the sham the WH is putting on and how it pushes the wealth gap further apart, and the lies being told daly.
DISGUSTING
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