Votar Roja
Diamond Member
- Sep 11, 2023
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- #121
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336,000 NEW JOBS!!!
Gonna need that extra job to pay your grocery bill and mortgage.
Why would the mortgage go up, as long as it isn’t adjustable? Getting one these days would be ridiculous, because where are rates going to go but up? Besides inflation is settling down. Lots of MAGA propaganda is just Chicken Little “the sky is falling” stuff!Gonna need that extra job to pay your grocery bill and mortgage.
Why would the mortgage go up, as long as it isn’t adjustable? Getting one these days would be ridiculous, because where are rates going to go but up? Besides inflation is settling down. Lots of MAGA propaganda is just Chicken Little “the sky is falling” stuff!
Inflation happens all the time. There is no long term damage, if it isn’t a runaway. It’s just an adjustment of the business climate and can’t be avoided in capitalism, without extensive government regulation and price/wage freezes that usually backfire.For many today, it's high to start and housing is not adjusting to interest rates.
That's not propaganda............just facts
The rate of inflation is settling down. The damage is done. Or have you NOT been to the grocery store lately. I can't point at several products that have gone up 50% in the last year and have not reduced one peyy.
The sad fact that most democrats will not or cannot accept is that you can't raise taxes on the wealthy enough to erase the deficits. The current 2023 deficit is approx $1.7 trillion and the current federal revenue is approx $4 trillion. So even if you raised everybody's taxes by 40%, you still wouldn't erase this year's deficits. Obviously we ain't going to do that, so the debt is going to continue to go up and that generally means interest rates will climb and you find yourself in a debt spiral with only one inevitable result. And it ain't pretty.
We are going to have to face the fact that we do not have a revenue problem, we have a spending problem.