Elections have consequences. Trump had us on the right path, even with the economic hits from Covid.
This is insanity defined. Energy is the lifeblood of our economy. Period. Throttling energy crippled our economy and inflating our currency with pork spending and “green energy” crippled our buying power.
Buckle your seatbelt because this is going to become far worse before it gets better. Just a disaster from top to bottom with the cat 5 hurricane of entitlements looming on the horizon as well as interest payments on our astronomical debt.
I am not an economist, but I think it is very possible that we could slip into a depression. The consumer and business debt numbers are staggering, interest rates will crush the housing market, and lagging employment numbers always follow.
Along with their other problems ,small business has to deal with the scum from YELP...Watch the documentary,BILLION DOLLAR BULLY....Yelp has been destroying small businesses for over 10 years now....
Let’s go Brandon!!!
My fuel costs up over 100%
Aluminum up nearly 150%
I haven’t bought steel in a while but I’m sure it is up a lot.
Cutters, sawblades, welding wire, everything needed for a fabrication shop up in the 100% range. Even the software companies have raised their prices 25% to 30% And that’s just my business costs. Everyday living. Easily 100% higher than pre chomo Joe.
There have been a few real estate people pointing this out since the artificial covid boom ended this summer, only to be pooh pooed by kool aid drinkers, like Redfin, Zillow, etc.
Artificial housing prices went up 20 to even 40 percent, for no reason. During this time there was a moratorium on evictions and foreclosures, but those covid rules are going away during a bad economy. Signs showed this summer when late payments and delinquencies on mortgages rose. The next predictor in line was rent payments and here we are.
Not to worry, citing jobs, president Biden says the economy is strong.
Tax money is coming in strong and fast.