A MANAGED DECLINE that's all going ACCORDING TO PLAN.
Bai Dung's ATTACK ON ENERGY was the trigger that started it all. EASILY FIXED but they have NO INTENTION of fixing it.
Nasdaq: 10,785.178
MARKET OPEN • AS OF NOV 3, 11:14 AM EDT
-121.17 (-1.11%)
But remember ber folks, it’s not a recession.
Nanzi and Jo Jo’s plan. Nobody working while all liberal socialists are on perpetual vacations and cruises paid for with taxpayer dollars. College grads killing themselves falling off of high places while taking selfies to post on the internet for millions of other braindead internettes on TikTok. Amerika is nothing but one big party and all foreign “refugee” freeloaders are welcome to come along for the ride. Make sure to “bring the kids”. (Wink! wink!)
Well, the guy whose son got killed in Iraq says we’re “building better back butter” and he knows what’s going on when he’s sleeping or chowing down on an industrial size ice cream cone.
Understand, tax revenue for the year is estimated to be $3.82 Trillion. That kind of spending cannot be sustained. The consequences are going further into debt at much higher interest rates, thus requiring more short term spending because our debt is primarily financed with short-term treasures. Why point this out? There is no productivity in interest payments. That’s on top of no productivity in government. Government doesn’t make a damn thing other than a mess. Shove that up your dead arse, John Maynard Keynes.
Productivity is key to battling inflation. Yes, there is a role the American worker plays. It sucks to be you, because of those two lazy asses working next to you, they are going to be unemployed in the next year. You get stuck doing your job and the aggregate of what little they did. It is the only way to produce more goods and services for lower labor costs. That increases supply, while demand will decrease due to unemployment. It helps reduce inflation. You have two choices, unemployment or work more.
Meanwhile, every lazy government employee who never built a damn thing, is still employed and receiving their union contract guaranteed pay raises. Keep that in mind. It is the government and government employees that are responsible for inflation. They create it. Now go back to the spending and revenue figures from above. That seeds the inflation cycle. The Fed will have further interest rate hikes, which in turn requires more government spending on interest. Those are unproductive dollars.
The cycle needs to be broken. That is accomplished by massive shuttering of government. Make those lazy ass government employees be productive in the private sector. Balance the budget. Pay down the debt. Enjoy freedom and prosperity.
Alarm my butt. The alarm sounded long ago, the FED was late to the plate, that’s all. Nothing unexpected is happening now, just the dreary required actions to slow inflation.
It does take a little time to undo this level of stupidity, as most people know.