Do you believe that America is the GREATEST country in the world? Majority of Democrats say US is not World's Greatest Country, poll..
Sep 24, 2022 04:44:44 #
proud republican wrote:
https://nypost.com/2022/09/19/majority-of-democrats-say-us-is-not-worlds-greatest-country-poll/
I still believe that America is the GREATEST country in the World....
I still believe that America is the GREATEST country in the World....
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No matter what happens, I will love the USA, and remain patriotic and loyal, till the Lord calls me home.
Here are the adverse effects of the raising of .75% interest rates the other day. Today is a sad day again for our country. Our country is rapidly in decay. The Stock market, Nasdaq, and S & P 500, have plunged down into the drain. We lost between 30% to 35% of our investments, ytd. I think I lost 40%. I don't want to look at it.
The retirement funds, 401k, and the 403b and all deferred compensation plans were down to the pit hole. At least ytd. 35% , or more of the value lost. I hope by the time GOP and President Trump take over, or Gov. De Santis, we can take it back. But I think when GOP takes over this Nov. 2022, we can still recover in 2023.
The worst I am worried is the economy. I think this 3rd quarter will have a high negative growth. We currently is in a mild recession, but I am afraid, the 3rd quarter will bring us down further to a greater recession. Inflation has gone up higher.
I was right that the increase in interest rate will further derail our economy and it did. Construction slows down. Home sales slows down. Fewer buyer buys homes cause the rate is high and could hardly afford. Production slows down further. Because some businesses reduce employment. Result, inflation goes up.
The massive spending of Joe Biden is one of the factors that adversely affect this recession and inflation. Fact is Biden spending another $22 billion for C***d19? He stated that C***d19 is almost gone, but why is he spending another $22 billion?
His funding for $605 billion to bail out student debts, adversely brings us to recession and inflation. In addition, our National Debts grow higher. Accrued interest to the rate increase will add cost to the National Debts. Why is Biden allowed to spend vast amount of money without Congress approval? Pelosi allows him to.
Companies are slowing down cause it lacks capital due to the high cost of borrowing. But if they take a loan, the cost will be expensive due to higher barrowing rates. They'll raise cost of the products and services. Inflation goes up.
We really need to remove Biden. He is harming this country rapidly. China is almost able to take over us. Economically, and militarily. China is way above the US in terms of the economy, the military, and world expansions.
Sep 26, 2022 00:29:17 #
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