Posted on 07/29/2021 10:33:05 AM PDT by SeekAndFind
Have you been watching economists around the world discussing the American economy? Extremely interesting conversations. One of the things they have in common is that they are unable to arrive at a logical reason why there exists no financially sound basis for the high public spending the government is doing.
This leads us to a bright ray of hope coming our way. For as long as I can remember, the economy has always been the number-one concern of voters, always, and therein is the light.
The influence of the radical left on our government is about to be its downfall. This government is leading us down the path to a financial crisis. Although investors may find an opportunity to profit, the rest of us will see the costs for goods and services higher than we have ever seen. It's already happening.
Well, that's good for government. The bureaucrats still get what they want: investors make money, and we pay the bills.
We have elections coming up. By that time the economy (meaning us) will be struggling, and it will be clear to all how high these bills are that we're paying. This administration has placed itself in a situation where it will lose the House and Senate, at which point the rest of us can begin the healing. In this election, premised as it is on the state of the economy, it is irrelevant to the person voting what party he is in. That's because people will be voting for a standard of living. To achieve that, they need a change in government to improve that standard of living. At that point, we have a united America, all voting together for change.
(Excerpt) Read more at americanthinker.com ...
The Biden Crime Family is doing OK.
His safety net may be the answer to all the cries of help.
That is The Plan.
Wreck the economy so everyone is dependent on government for their sustenance................................
Yes , but not his!
Well, Mr. Lovell, I hope you are correct.
Never underestimate the stupidity of the average American voter.
They broke into the cockpit by stealing the election and have jammed the stick forward at full throttle, however this country has been on the fast-track to financial ruin for several decades now.
Venezuela here we come under Biden's Communism.
One reason why, as bad as Jimmah Carter was, at least some people actually became very wealthy as a result of the malaise of the 70’s. My aunt and uncle ran a housewares store and did interior decorating. Many people who would normally be ready to buy larger houses, because of economic uncertainty opted to remodel their homes instead. Because of the prevailing economic uncertainty my aunt and uncle raked in the big bucks and were able to travel a lot and whenever we visited them they always had a brand new Cadillac in the driveway. Speaking of cars lots of people couldn’t afford new ones, instead kept their old clunkers running. Many repair shops made $$$ hand over fist. I one reason why so many cars like my 64 are still on the road today, by the time Pres Reagan took over cars from the 60’s started becoming collectibles. But now with the doddering old perv with his finger on the button it’s bad for everyone.
Mr Lovell must be living in a pre-November 2020 fantasy land in his own mind. The Democrats that stole the election in 2020 will do it again in 2022.
1. Government retirements in the so called “market”
2. MBS CDOs “banking”
Spending halt
Except for the Chuglites
My 30 yr old Saturn is still running, still has plates and ins on it, grandson drives it, his dad did before him, now has my old Corolla. The Equinox is approaching 8, that I drive.
20 yr old Compressor is going out, so that means a new HVAC system. Roof has storm damage, hopefully enough to replace it. This crap is fast eating into savings.
Yep. Some people over-complicate the analysis but the Dems' strategy is that simple. And sadly, their Plan works ... to get them reelected. Of course, they first had to steal the election before they could wreck the economy - but that was just a minor snag in the process.
Making matters worse, the Dems and their comrades owe the RINOs who helped them steal the election for the Democrats. At present, the RINOs seek to stamp Trumpism out of the Republican Party. So you're seeing Dems and all their comrades helping the RINOs stamp out Trumpism and vilify conservatism now through 2024. Their mutual goal is to have a 2024 Presidential election that's Kamala vs. a RINO such as Kasich, Susan Collins, or Romney, someone like that. That way, no matter who wins the election, the Dems/Soros/RINOs/ChiComs/Corporate America/Antifa/BLM are all happy.
I think his dementia will get him first before the standard of living gets us.
This government is leading us down a path to financial ruin.
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