I know some people (Biden Admin and Market) are selling a Great US Economy.... People out there do NOT 'feel' that..... We now get a look back at last month and see that the US Economy IS slowing into a recession.... Ole Jerome at the Fed is gonna be … [Read more...] about US early 2023 Economy IS slowing…..
American Recession/Inflation
What is the status of the American Economy Right Now?
I don't care about what the bean counters say? Prices ARE HIGH.... But the numbers in their computers say something different.... There are two starkly different ways of looking at the U.S. economy right now: what the data says has happened in the past few months, and what … [Read more...] about What is the status of the American Economy Right Now?
President Biden does the ‘Right’ thing for the Banks……
Yes.... The Biden admin IS bailing out two banks.... (Signature Bank is actually doing better as I type this) Don't think anything else.... And? It's the right thing to do.... The bank stocks are alright as of today .... The market people are still focused on … [Read more...] about President Biden does the ‘Right’ thing for the Banks……
With Covid benefits ending…So is food assistance….
An American 2023 safety net ends..... The secret part of the pandemic is the support it enabled the government help it's citizens pay for food... Republican lawmakers have fought money for the poor for ever.... That affects people that the media does NOT focus … [Read more...] about With Covid benefits ending…So is food assistance….
The US Economy did NOT grow as much as the Government said last quarter…..
A secret the media does not report.... The monthly economic figuires dumped to the media are ALWAYS 'ajusted' a month later.... Most Americans do NOT believe blaring headliones that the economy is getting 'better'.... It isn't to them... They have to still spend more … [Read more...] about The US Economy did NOT grow as much as the Government said last quarter…..
Inflation stubbornly holds on….
While the annual rate has declined from last Summer.... In the last few months it is NOT dropping.... Ole' Jerome at the Fed keeps raising rates but THAT is NOT stopping business from continuing to raise their prices for good's and services.... This ain't helping … [Read more...] about Inflation stubbornly holds on….
Gas prices climb again……
I'm tired of these media stories that the economy is getting better.... It ISN'T...... Food prices haven't dropped..... Other consumer perices haven't dropped..... Natural oil prices are up for home heating, cooking and dryers... The guys taking about this should … [Read more...] about Gas prices climb again……
Google parent company laying off almost 12,000….Better Economy???
Google’s parent company Alphabet is making the cuts in jobs joining other big name Tech, Wall Street and Service companies in shedding jobs as the pandemic subsides... Common Sense..... The American economy is NOT getting better no matter what you read if thosands of … [Read more...] about Google parent company laying off almost 12,000….Better Economy???