Tag: Economy
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Biden job numbers were all fake
Anyone with a pulse could have told you things were not all roses under the Biden Administration. Now it’s come out that Biden’s job numbers were fake, especially during 2023-2024. Antoni breaks it down further: “Under Biden, these revisions were abnormal in magnitude and direction, being revised down with unusual frequency.” No kidding. In fact,…
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Democrats should be loving Trump and Republicans should be ashamed
Democrats loathe Trump, but the shouldn’t because his policies are pure old-school Democrat. He’s more Bill Clinton than Ronald Reagan. Meanwhile, Republicans backing all these big government policies should be ashamed of themselves. They so easily betray their principles (It’s clear they never had them) to play to a base that is also clearly not…
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Trump is trying to shove the globalism toothpaste back in the tube and it’s making a mess
What a mess! To protect your sanity, and in the interest of keeping a cool head, I recommend you just don’t look at your portfolio this week… or maybe this month… heck maybe this year. The point is, don’t panic, don’t lose your cool, and if you have an investment strategy that plans for downturns…
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Trump’s tariffs and the rest of the world
I’m in Paris right now and decided to tune into some news channels in Paris. The coverage of the tariffs Trump announced yesterday is hilarious. The world is in panic and talking about economic collapse. What this should tell you, as an American, is the rest of the world not only is dependent on the…
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Biden’s Housing Bubble Worse than Obama’s
Why didn’t we hear a peep about the massive housing bubble President Biden’s policies quietly inflated? The Federal Housing Administration (FHA) has been handing out guaranteed loans like candy, letting borrowers take on mortgages they can barely afford, often with debt-to-income ratios topping 43%, sometimes even 64% in recent years. It started with loosened underwriting…
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Wall Street Journal reports food inflation of 36.6% since 2019
I don’t know why they used 2019 as the base line when most of the price hikes came in 2021 shortly after Biden took office. Prices started accelerating in 2020 during the government created pandemic but didn’t really take off until 2021. Now, that same $100 basket of goods you were buying in 2019 takes…