Tag: Economics
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That huge sell-off in the markets today is simply a Black Friday discount for buyers of the dip
What’s a 3% dip in the stock market? The news is blaming the latest COVID variant… ooooooo so scary. Nothing to worry about. Nothing to see here. It’s simply a 3% discount on all the stocks you want to buy. Heck… use some of that stimulus money and gamble it away in the market. That’s…
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Bankrupt Chicago to grant guaranteed basic income to 5,000 households
So let me get this straight. The city is burning with violent crime spreading out all over the city and it may get worse with the Little Dictator’s (Mayor Lightfoot) war with the police department over vaccine mandates. Yet they have the gall to waste time and money on a program to pay 5,000 households,…
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Trillion dollar platinum coin to avert debt ceiling issue? Heck print 100 of those puppies!
In the latest round of stupidity and proof our money isn’t worth anything other than what the government says it’s worth, a former director of the U.S. Mint says the United States could just create a trillion dollar coin as a bridge loan to avert a debt ceiling crisis. They should just print 100 of…
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Supermarkets stock up to protect profits from inflation
Nah, inflation isn’t happening. After all Sleepy Joe told us our 4th of July cookout cost us $0.16 less than last year. Sure, he ignored the 8% increase in cost over 2 years ago because it was inconvenient. The nation’s supermarkets also must not be living in reality. They are stocking up at current prices…
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President Biden misleads public on cost of 2021 4th of July cookout
The Whitehouse’s tweet says a cookout in 2021 costs $0.16 less than in 2020. Trying to tamp down inflation fears by saying prices are not rising. If you look at the source of the information used in their misleading video they say the price of that cookout is 8% higher than 2019. Farm Bureau analysis…
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Technology rapidly replacing restaurant staff
Just say no to hiring. Competing against the federal government in hourly pay is a no win situation. Private business can’t compete against an entity that doesn’t have to turn a profit and has the ability to print money at will. High end restaurants might still need a wait staff but places like Cracker Barrel,…