Is this merely an economic cycle playing itself out; or is it the beginning of our seeing the natural consequences of Biden/ Harris policies and the economic catastrophe we have been courting over the last 17 years or so?
Category: Economics
Yes, We Have Been In Recession
The classical indicator to determine a recession has been two consecutive quarters in which there is a drop in gross domestic product (GDP). In fact, that happened a couple of years ago. In response, the Biden White House said this indicator cannot be used to define a recession. They were […]
Single Family Homes No Longer Affordable For Most
Charlie Bilello: A US homebuyer now needs to earn $114k to afford the median priced home for sale. The problem: that’s 35% more than the median household income… The monthly mortgage payment needed to buy the median-priced home in the US has increased 80% over the last 4 years, moving […]
Cost of Living
HT: NC Renegade @fmsmith319 Great depression vs silent depression ♬ original sound – Freddie Smith