Tag: Economy
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The more honest way to measure the U.S. job market
There were a couple articles in the Wall Street Journal today that once again sparked my interest in the way employment and unemployment is measured and reported. The way these numbers get reported seems to purposely obfuscate the true state of employment in the United States. Here’s a bit of the first article about adding…
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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…