I am ALWAYS amused by the DIRE predictions we now hear from certain "economists". The ones that have said, ever since THE BLACK MAN was elected President -- even though he's a Kenyan/Muslim/Indonesian/Gay/Communist/Socialist/Illegal Alien/BOOGEY MAN/"illegal President" -- that RAMPANT INFLATION is "just around the corner". The USA is, to these "economists", Greece/The Weimer Republic/Argentina/ etc., etc., etc.
Back when the soon to be "Sainted" George W. Bush was President, I once suggested that our unfunded war expenses would, eventually, be funded by inflation -- the very same way everything else has ever been. I was shouted, yes SHOUTED, down by "The Republican Faithful"/"the base"/some supposed "economists".
I guess that's simply because he was a WHITE, alcoholic, druggie, REPUBLICAN -- and, as such, was anointed with the title "Fiscal Conservative". The last WHITE DEMOCRATIC President, though a skirt chasing, saxophone playing, ex-hippie, was also economically suspect -- even though he presided over a genuine "boom".
After the "tech boom" imploded, I once had the temerity to call THAT slowdown a "recession" (this during GWB's Presidency) and was told I was misguided/stupid/ignorant/uneducated/ a "wild eyed Commie hippie freak"/etc., etc., etc.
Once again -- does any one still wonder why I think most of the VSP's are evil morons, totally in THEIR "bubble", both unaware and uncaring of the problems faced by the former "American Middle Class" ("the backbone of our society" - just ask ANY politico either running for office or giving a PUBLIC speech. In private it's about "the 47%" and crap like that).
It's all a total crock of shit. Remember children, in the future, if you want to live to a "ripe old age" --- it's good to be rich.
Monday: New Home Sales
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Weekend:
• Schedule for Week of December 22, 2024
• Ten Economic Questions for 2025
Monday:
• At 8:30 AM ET,*Chicago Fed National Activity Index* for Novem...
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