2008/2009 the bottom fell out of the American Economy.... The Federal Reserve IS raising interest rates to combat Inflation.... Their actions haven't stopped consumer high prices despite the gas price's dropping..... But the home ownership market HAS slowed.... The … [Read more...] about Mortgage rates up to 2008 level….
Biden Economy /Inflation/Pandemic
US add’s almost a 1/2 milliuon jobs in April 2022….
Ask anyone on a street corner if the economy is as good as the 'expert's' say it is.... You'll a completely different answer.... April produced another solid month of job growth, the Labor Department reported Friday, reflecting the economy’s resilient rebound from the … [Read more...] about US add’s almost a 1/2 milliuon jobs in April 2022….
The US Economy declined the first 3 months of 2022….
Again? The bean counters keep saying the American economy is solidly good.... But? When those 'experts' go home? They spend more for gas, more on goods and might not buy that house right now with rising interst rates.... The Fed and consumers where woerried about … [Read more...] about The US Economy declined the first 3 months of 2022….
US Inflation level keep creeping UP…..
It's the Economy Stupid! The economists can keep saying we have a Great Economy.... Consumers and voters REALLY DO NOT see things that way.... They see themselves paying higher prices for just about everything.... Worst? Interest rates are climbing … [Read more...] about US Inflation level keep creeping UP…..
Inflation leading to a Recession?
Huh? Prices ARE HIGHER..... Some consumer goods are simply not on the shelves.... Businesses charging HIGHER prices Higher gas prices (That ARE coimning down slowly) Inflation... Ok? The Fed is going after that by raising interest rates.... THAT has some … [Read more...] about Inflation leading to a Recession?
Inflation just keeps rising….Open Thread for 1/12/22……
Prices KEEP rising.... And... RISING.... All this good Economy stuff don't mean a thing.... New poll has people more worried about this than ANYTHING else.... And? The Fed is gonna raise interest rates.... We can't win..... Prices rose at the fastest … [Read more...] about Inflation just keeps rising….Open Thread for 1/12/22……
Again…People ARE tired of the virus pounding….The Politics…..
We are continuing to be subjected to media 'Hair on Fire' headlines and stories about the new variant.... The Omicron mutation... On the health side? The experts are saying we have to wait for more scientific evidence on the effect of this strain of virus.... The … [Read more...] about Again…People ARE tired of the virus pounding….The Politics…..