The experts say Yes.... THAT could be a Good thing for us the consumer and Kamala Harris and Tim Walz..... A central issue has plagued the Biden administration for most of its term: the steep rise in grocery prices. Polls have consistently found that inflation remains a … [Read more...] about Are Food Prices Leveling Off?
American inflation
American consumer prices keep rising …..
Joe Biden IS swimming against this..... Fed Chair Poweell is probably NOT gonna cut interest rates anytime soon.... We ain't happy with this.... Biden can't control this much... But he gets hurt by it.... A closely watched measure of inflation remained stronger than … [Read more...] about American consumer prices keep rising …..
Inflation news drives Stock prices down…..
Investor's are jittery .... Why? Because things ain't what has been selling in the media about a 'Good Economy'.... Consumer prices have NOT dropped..... Inflation IS NOT abating due to ole' Jerome's interst rate hikes..... Even after stripping out food and fuel … [Read more...] about Inflation news drives Stock prices down…..
Biden hit’s a homerun with talk about cutting ‘junk fee’s’……
I seriously doubt he'll be able to do much except 'jaw bone' the issue... Republicans are strongly AGAINST the government limiting anything but abortion... Without Congress ? Biden will have to talk/campaign this thru..... Democrats and Republicans don’t agree on many … [Read more...] about Biden hit’s a homerun with talk about cutting ‘junk fee’s’……
The Recession is here…..Layoff’s climb….
Forget all the noise you hear from the politicans.... America, and other places have a Recession ALREADY running along side a Inflation problem... And? Things ARE gonna get worst as the Fed digs the hole deeper.... Higher interest rates lead to lower inflation because … [Read more...] about The Recession is here…..Layoff’s climb….
Folks?….A Recession IS starting already…..
The American economy continues to be under attack.... A pandemic causing shutdowns in production and buying..... A slowdown in manufacturing also.... Business resuming with price increases to try to get back profits.... Changes in work habits for … [Read more...] about Folks?….A Recession IS starting already…..
US Inflation…Rich Get Richer…The Poor Cut Back….
With the support for middle and lower class American's dried up in what some think is the 'Post Covid' world? Spending IS dropping while retailers seem to continue to try and claw back lost profits from consumers .... Americans at the low end of the income rung are once again … [Read more...] about US Inflation…Rich Get Richer…The Poor Cut Back….
Biden lists 3 things he’ll do to fight Inflation…..
The American President has a lead political ball attached to his ankle... The Economy..... He and his ahndlers seem to be getting ready to make a last hard push to get some better numbers for him and the party lawmakers across the country who are scared shitlless that medi … [Read more...] about Biden lists 3 things he’ll do to fight Inflation…..