And yet the economy is still booming. Is it just me, or does anybody else not notice a price increase on anything?
Tariffs help American competition, and that helps with job creation. Yet the left never seems to complain when increased minimum wages increase prices, and the left also thinks that when you raise taxes on industry, the consumer doesn't actually pay those taxes.
But no complaints about who pays for that minimum wage or corporate taxes.
The economy is not booming. The Federal Reserve is booming.
Money-Losing Companies Mushroom Even as Stocks Hit New Highs
And yet industry keeps hiring. When have we had a better economy? They revised November job claims up by almost double.
During the tech bubble which was also inflated by the Fed all kinds of places were hirering. They weren't making any money but they sure hired. Until it popped.
Bubbles are different. All bubbles pop. Bubbles are misleading and phony. The tech bubble was phony, and so was the housing bubble. There is no bubble today. We just have a strong steady economy.
During the tech bubble, people were waking up in the morning as millionaires. People were turning over houses making hundreds of thousands of dollars a month. It was clear then, just as it's clear today, that such a party can't last forever. It's making as much money while you can, and getting out before you get slaughtered.
