This is the justification for the position we now find ourselves in.
Let me let you in on a secret WE ARE SCREWED! It's going to get WORSE! There is NO EASY FIX NOW that doesn't involve TONS OF PAIN!
Look at your circle of friends and family because a good % will be losing their jobs soon.
Real Estate all but dead soon rates have already doubled and no end in sight.
A 300K mortgage payment in January around $1400 per month, now it's $1900 per month and climbing. This knocks TONS of young families out of the market. Mortgages will be solidly over 8% by December, maybe higher.
Coming out of the pandemic you walk gently. Measures were already in the pipeline. CONGRESS and Trump had already done relief packages and they needed time to work. There was still nearly 1 Trillion in unspent money left over.
But what did Biden do? He spent with little to no strings attached. Money to families, money to singles, money to people who didn't need money, money to those sitting home on their asses. Money to States who were running supluses, money to shore up poorly run State pension plans, money for health, money for school districts with no rules on how to spend the money, money for businesses who didn't need the money.
In short a BULL IN A CHINA SHOP approach.
All that money out there CHASING FEWER GOODS due to covid. Prices will ALWAYS SOAR when this happens and he was warned.
A complete failure to think things thru ahead of time.
Gas and oil attacks didn't think that thru.
All this spending didn't think that thru.
Baby formula didn't think that thru.
Draining Strategic Reserves not thinking that one thru.
The Border nope.
Defund police nope.
Actions without consideration and I will bet anyone on here that we are in for a WORLD OF PAIN in the coming year.
You youngsters on here you are in for a REAL HARD LESSON in life. !
Let me let you in on a secret WE ARE SCREWED! It's going to get WORSE! There is NO EASY FIX NOW that doesn't involve TONS OF PAIN!
Look at your circle of friends and family because a good % will be losing their jobs soon.
Real Estate all but dead soon rates have already doubled and no end in sight.
A 300K mortgage payment in January around $1400 per month, now it's $1900 per month and climbing. This knocks TONS of young families out of the market. Mortgages will be solidly over 8% by December, maybe higher.
Coming out of the pandemic you walk gently. Measures were already in the pipeline. CONGRESS and Trump had already done relief packages and they needed time to work. There was still nearly 1 Trillion in unspent money left over.
But what did Biden do? He spent with little to no strings attached. Money to families, money to singles, money to people who didn't need money, money to those sitting home on their asses. Money to States who were running supluses, money to shore up poorly run State pension plans, money for health, money for school districts with no rules on how to spend the money, money for businesses who didn't need the money.
In short a BULL IN A CHINA SHOP approach.
All that money out there CHASING FEWER GOODS due to covid. Prices will ALWAYS SOAR when this happens and he was warned.
A complete failure to think things thru ahead of time.
Gas and oil attacks didn't think that thru.
All this spending didn't think that thru.
Baby formula didn't think that thru.
Draining Strategic Reserves not thinking that one thru.
The Border nope.
Defund police nope.
Actions without consideration and I will bet anyone on here that we are in for a WORLD OF PAIN in the coming year.
You youngsters on here you are in for a REAL HARD LESSON in life. !