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….
US Recession
Sure the US Economy IS starting a Recession….
Come ON!.... Let's stop Bull Shitting.... Anyone on the ball could see the US Recession beginning already..... Prices going thru the roof.... Consumer's beginning to slow spending... Middle Class tax burden higher since GOP 2017 tax increase.... Higher interst … [Read more...] about Sure the US Economy IS starting a Recession….
US Inflation climbs to the highest in 40 years…
Gas and Food prices KEEP climbing for the American consumer as do prices for other things... All this does NOT make Americans 'happy' about the economy.... Inflation in May reached a new peak of 8.6 percent, compared with the year earlier, remaining at the fastest pace in … [Read more...] about US Inflation climbs to the highest in 40 years…
U.S. retail sales drop 8.7% in March…The country drops into a Recession…
People where at home... People where laid off and lost their jobs... Businesses closed... Lot's of people lost their pay checks... The America economy is in a tailspin... And some feel could shrink by up to 40% depending on how long virus restrictions are in effect … [Read more...] about U.S. retail sales drop 8.7% in March…The country drops into a Recession…
Stock Market closes up, 1,049 points with the news that Trump is looking bail companies out…
Trump and Republicans seem to be balking at helping people... But are trying to muscle ANOTHER tax cut and more giveaways to corporation under the guise of helping stabilise things because of the virus ... Remember ? Donald Trump IS a serial liar... You have been … [Read more...] about Stock Market closes up, 1,049 points with the news that Trump is looking bail companies out…
The US is ALREADY in a recession…Economist…
Told ya so..... Lot of people home because of the virus ain't gonna have jobs to go back to soon, if ever... Forget all that Trump Labor Dept. horse shit about how rosey this is/was... Heck, even the Fed pushing Trillions into the economy did NOT do a darn thing … [Read more...] about The US is ALREADY in a recession…Economist…
Employers added only 75,000 jobs in May….
THAT is 100,000 jobs OFF of what was expected..... The government also knocked down the hiring numbers for March and April... While the jobless rare remains at 3.6%? People gotta stop talking about a 'robust' economy.... There isn't one here in America... And with … [Read more...] about Employers added only 75,000 jobs in May….