US prices increased in December while consumer spending surged, suggesting that the Federal Reserve could delay cutting interest rates for some time this year https://reut.rs/3PXPQPP
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Great so I’m never gonna get to refi my shit 7.75% loan huh?
Clever girl capitalism, clever girl…
@titusnation.bsky.social
@realtexaspaul.com
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@mcuban.bsky.social
This might be a good time to remind people that inflation caused by supply restraints or tariffs can’t be solved by higher interest rates. The interest rates only serve to increase unemployment and lower the bargaining power of workers
And this is pre-tariffs and the effects of deportation-threats on farm workers. The economy is about to get a lot worse for people who aren't already extremely wealthy.
My family (big extended, too) and I spent way less this Christmas-We don't have confidence in the administration. I'd like them to straighten up and fly right and they could, but nothing they are doing is inspiring my confidence. I'm dissappointed, we'd like to retire someday.
I am also sick of paying for socialist programs like Medicare to keep you kind around. I am sure you exhausted any money into the system long ago and are taking other peoples
Margaret Thatcher: 'The problem with socialism is that you eventually run out of other peoples' money.'
I worked for 40 years. We paid off our home and saved money for retirement. We retired early and have to pay dearly for insurance because we don’t qualify for state insurance. We have taken care of ourselves and our children. We I turn 62 I will be eligible for early retirement from SS.
Take all the money you put in to the system just don't take any other peoples money. Pull your self up by the bootstraps pack a lunch and a thermos of coffee don't buy it from Starbucks. In short don't touch my Medicare
Musk is listed as the ceo of 4 or 5 businesses how much involvement can he have in running them. Also in amercia every problem is attributed to the current president
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Clever girl capitalism, clever girl…
@titusnation.bsky.social
@realtexaspaul.com
@chasingoz.bsky.social
@mcuban.bsky.social
Margaret Thatcher: 'The problem with socialism is that you eventually run out of other peoples' money.'
https://bsky.app/profile/stellinagp.bsky.social/post/3lh2kwbfzo22m