In trouble.
The economy is in big trouble. Numbers out today. PPI up when predicted to be down. Only a portion of the cost story that affects business. Labor is the biggest cost. Inflation up year over year. Housing starts down about 14% after the idiots in the Biden administration told us they would be up. If you take out all the government stimulus (tax payer dollars) real GDP growth is between 1 and 1.5%. Now idiot Joe, wanting to buy votes says he will give billions in forgiveness in student loans. Besides being morally wrong this would only fuel inflation. Six rate cuts advertised as a possibility? Election year. Try again. I've harped on this before. This administration has no pro-growth economic policies. Worst economic administration since Carter.
Someone tell pegw that prices are still way up so she can quit promoting Bidenomics.
JFlorio wrote:
The economy is in big trouble. Numbers out today. PPI up when predicted to be down. Only a portion of the cost story that affects business. Labor is the biggest cost. Inflation up year over year. Housing starts down about 14% after the idiots in the Biden administration told us they would be up. If you take out all the government stimulus (tax payer dollars) real GDP growth is between 1 and 1.5%. Now idiot Joe, wanting to buy votes says he will give billions in forgiveness in student loans. Besides being morally wrong this would only fuel inflation. Six rate cuts advertised as a possibility? Election year. Try again. I've harped on this before. This administration has no pro-growth economic policies. Worst economic administration since Carter.
Someone tell pegw that prices are still way up so she can quit promoting Bidenomics.
The economy is in big trouble. Numbers out today. ... (
show quote)
All the talk about jobs, inflation, etc. boil down to 2 BIG things: Government spending and the national debt.
Unless those are substantially addressed.......
American Vet wrote:
All the talk about jobs, inflation, etc. boil down to 2 BIG things: Government spending and the national debt.
Unless those are substantially addressed.......
You are 100% correct. The rest of the political talk is just cover.
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