4 ms·
Its frustrating to get incomplete propaganda pieces from news outlets. * alot of media and govt sources are reporting the US has a k shaped economy. The peopl
by the_real_cher 2y ago
Its frustrating to get incomplete propaganda pieces from news outlets.
* alot of media and govt sources are reporting the US has a k shaped economy.
The people who are doing well are doing really well.
The people who aren't doing well are doing really bad, and there's a lot of people who aren't doing well.
* The reason immigrants account for so much post-pandemic growth is because immigrants appear to be replacing native born people in job growth.
Lower paid immigrants taking jobs is ultimately an assault on the working class yet the left spins it like it's a good thing.
https://fred.stlouisfed.org/graph/?g=1oPUl https://fred.stlouisfed.org/graph/?g=1oPUl
* Gov't spending is out of control and THE INTEREST on our National Debt just surpassed military spending. Which means the fed will have to print money or issue treasury bonds to cover the U.S. massive defecit every year, which will increase inflation continuously.
Lessons to be learned:
1. Inflation is never going down
2. House prices are never going down
3. There is not a healthy job market if you are a native born citizen as there's a war on wages
4. Historically massive inflation has led to war