re: Economic Update

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What sort of miserable person only wants to talk about the negatives?

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When the negatives far outweigh the positives, or the negatives are far more impactful than the positives, it matters.

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2 wars just started...billions given out we don't have

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The wars have little to do with our economy.

Inflation is due to the Federal spending beginning under Trump and exploding under Biden. Trillions were put into play.

The money went to businesses, state and local governments and directly to citizens and yes illegals.

Jobs were wiped out only to be “recreated” at higher wages and salaries. In a sense people had to be paid to leave home via higher pay.

None of what we are seeing would happen without big brother first destroying the economy and then trying to rebuild it by printing money.

Question,

What does the graph look like going back in time to say 2000.

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Gas is 2.17 at Sam's.
Dow Jones Industrial Average is at a record high (37,305)
Unemployment is at 3.7%
(Unemployment of 5% or lower is often considered full employment in a real-world context.)

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McDonalds Big Mac meal is $12
Interest rates are at 30 yr highs and not coming down yet
Building starts are very low due to surplus of unsold property

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Imagine defending Joe Biden’s energy policies? That’s a special kind of stupid

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Yet no one is doing that

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So funny seeing a liberal brag about that. oil production is up in spite of the Biden administration’s efforts to hurt it, and I guess now they are going to brag about it going up.

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I don't support Biden or his attempts to curtail domestic production

My only point here is it doesn't seem to matter much at all. He is limited in what he can do to stifle production which is driven by the private sector.