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Preparing for the Storm that Lies Ahead
Responding to the rate hikes this week and recession deniers, I tell people that if the leadership wanted to do Americans a good service they would prepare them for the tough times that lie ahead rather than try to tell people that everything is wonderful and there are no problems.
0.5% rate hike on 12/14.
$31.4 trillion dollars in national debt as of 12/15/22.
Millions of people are still quitting their jobs and not only quitting their jobs. As long as the rates continue to increase, there will be less people gainfully employed and we go into a full blown great recession or depression. If the rates go lower, then we run the risk of hyperinflation.
People aren't quitting their employers, they are quitting the economic situation that Democratic leadership put us into.
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