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- #61
Declining home prices is GOOD. All the young families who have been priced out of the market have a better chance to start to buy and build equity, genius,Declining home prices is BAD. Building affordable houses is good. We dont want people to lose equity genius. Did any of you go to school?
Inflation is now 3%. We are still feeling the effects of Biden’s 9%.Consumer spending is up BECAUSE inflation is making life difficult AND BORRWING IS UP. Consumers are locked into record debt under Trump using credit cards to buy food and gas. They spiked $44B in just the 4th quarter and that was BEFORE the gas spike. Credit scores FELL last year
We have record low unemployment, a growing GDP, record stock market, income growth outpacing rent increases, and middle-class taxpayers got a nice refund thanks to Trump’s tax cuts.We are in a disastrous death spiral of rising costs, low job growth, credit pinch, and rising inflation. Anyone posting this is a good economy is either ignorant, lying, or a cult member. When right wing rags use "resilience" as the adjective of the economy.. that isnt good. That means it’s stressed and less bad than one would think. LOL You guys crack me up.
Seniors and the working class have especially enjoyed added tax benefits.
Anyone trying to scare people into thinking the economy is bad is a braineashed leftist, seeing the mid-terms approaching.
