Regulations jack up the price of everything. It's why a part for an HVAC system in the federal government costs 5 times as much as the same part being sold to a technician working on the civilian economy. But then again Obama jacked up the price of sugary drinks and foods along with anything that contained transfats to the point where the price of a Hostess Apple pie went from 50 cents in 2008 to $1.50 in a couple of months. The price of cigarettes skyrocketed under Obama. And the fact that he banned the sale of flavored cigarettes jacked up the price of flavored cigars.No..........our economy was doing fine, till Democrats started raising interest rates at the Fed.You try to be optimistic but it's looking like there's a bad moon on the rise.
Financial writer Bill Holter and renowned gold and financial expert Jim Sinclair say the financial crash is here now. Holter says, “I think President Trump is going to preside over a bankruptcy. He’s gone through bankruptcies with his own companies and understands the process. That’s what this is. It’s the bankruptcy of the corporation of the United States.”
In closing, Sinclair says, “The dollar standard is over. We were on a gold standard, and then poof, Nixon, and out. What has happened to the petro dollar? Poof, it’s out in comparison to what it was. What system is next? The marbles standard? Gold is going back . . . to a store house of value.”
We’re Flash Crashing to Hell – Jim Sinclair & Bill Holter
Our economy is suffering because working class Americans aren't making enough money.
The reason wages are low is because wherever there are illegals, wages are low. This was the case in CA.
And why is everything so expensive?
Because Obama spent years writing regulation after regulation designed to raise the costs of everything.
My economy (rich and wealthy) is doing great. Your economy (middle class now poor with credit) is going south, and has been since the mid-seventies.
The reason wages are low is because employers can get away with it. If you want to blame it on illegals, you only need to look at who's POTUS today. The guy who hires illegals.
Deregulation, not regulation, is what has caused higher prices. Deregulating the HMO act is a great example how Republicans screwed you.
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