For Europe and America could a slowdown in oil, which makes gas mean higher prices and more economic discomfort? Is the oil producing states giving America and Europe the middle finger by helping Russia make more money on its oil even as it has beat down the … [Read more...] about OPEC and Russia move to cut oil exports…Could that mean Gas price rises? …..
US Economy
It’s that time of the year again…Gas prices will rise again….
Ya KNEW it wouldn't last..... This is gonna pump the inflation UP and could reflect politically on Biden and Democrats.... Nevermind that gas companies are making a TON of money..... The prices are going up for a variety of reasons: a refinery fire in the Midwest, … [Read more...] about It’s that time of the year again…Gas prices will rise again….
Big increase in Social Security monthly benefits coming for 2023….
The bad economy has one benefit foir those receiving monthly Social Security checks abased on the Cost of Living adjusmnet in the program.... The Social Security Administration is getting ready to announce the cost-of-living adjustment (COLA) for Social Security beneficiaries … [Read more...] about Big increase in Social Security monthly benefits coming for 2023….
Two new storms forming in the Atlantic ….
It IS the East Coast fall storm season.... The National Hurricane Center was monitoring two disturbances in the tropics Monday, one of which has a high chance of developing into a tropical depression or storm sometime this week. The NHC said a disturbance located several … [Read more...] about Two new storms forming in the Atlantic ….
The Fed’s effort to tamp down Inflation is NOT working…But it is screwing the world’s economies…
Inflation keeps rising because consumer prices KEEP rising.... Business's haven't stopped charging people MORE.... The Fed's interst raises are just beating up home sales... And? Causing other countries economic problems also.... The pandemic and other factors are … [Read more...] about The Fed’s effort to tamp down Inflation is NOT working…But it is screwing the world’s economies…
Govt. spending dealine pushed back to Dec.16….
The House and Senate jettisoned Sen. Manchin's deal and agreed to a 'stop gap' 'Contiuuing Resolution' budget fix till Dec.16.... Oh, and they added another $12.4 Billion for what maybe come the American 51 state , the Ukraine.... The President does NOT get addtional money … [Read more...] about Govt. spending dealine pushed back to Dec.16….
Covid Aid ends up used for roads, buildings and other capitol projects….
I guess President Biden shouldn't try to get more covid and monkeypox money.... The states simply are NOT gonna spend the money for possible sick people.... The only good thing is capital projects generate pay for workers...'Jobs' money.... Republicans may complain about … [Read more...] about Covid Aid ends up used for roads, buildings and other capitol projects….
Fed Chair Powell admits he don’t know if his moves are gonna work….
Well? At least the guy admits what some of have known.... His efforts to drive down the American inflation is NOT working.... I'm no economist... But? The Fed is bneating down the housing market and the Stock Market with the interst hikes.... But? Consumer … [Read more...] about Fed Chair Powell admits he don’t know if his moves are gonna work….