The Bureau of Economic Analysis (BEA) released their first quarter estimate of economic growth [DATA HERE] and the result of 1.1% growth shows how the U.S. economy has become dependent on government spending money we don’t have. The Gross Domestic Product (GDP) calculation is a valuation of all goods and services created within the U.S. economy, minus the value of goods and services imported.
Keep in mind that all calculations are in dollar terms. Personal consumption expenditure (PCE) prices increased 4.2% in the first quarter after increasing 3.7% in the fourth quarter. Excluding food and energy, the PCE “core” price index increased 4.9% after increasing 4.4%. Two-thirds of the increased spending on goods was driven by higher prices, only one third by consumers purchasing more stuff.
Looking at Table 2 (the percentage change by sector) the increase in prices provided 2.48% lift to the GDP but the actual purchasing of goods only delivered 1.45%. Meanwhile the decline in inventories subtracted 2.26% from the GDP, a major factor, and domestic investment has dropped subtracting 2.34%.
Government expenditures (+0.81) drove more than 70% of the total GDP growth as national defense spending (Ukraine War) was a major federal component. The local and state government spending increase was driven by higher wage rates. Don’t forget there’s $2.2 trillion in Inflation Reduction Act (Green New Deal) spending that is also within the economy.
Overall, this is a dark picture. Inflation is still raging. Inventories are dropping as consumer purchasing is squeezed, and replacements goods are not being manufactured. Companies are tightening their belts. The federal government is spending to try and assist the economy, but the private sector is contracting economic activity.
When households evaluate their checkbooks, a Biden administration claim of a growing economy falls flat – because the only part of the economy that is growing is the part that fuels the energy and security needs of Europe. Main Street USA is suffering through the massive inflation that Joe Biden has created, and purchases of anything other than necessities have come to a near halt.
Its all ugly, but I just keep on keepin on. Our time is coming!
Our time for what is coming?
To SPARKLE 😉🇺🇸
For whatever we decide.
for picking through garbage for a few morsels
That is a possibility if people refuse to wake up and start to push back.
Green New Grift
Or. . .
Green New Steal
6uild 6ack 6etter…
The FED will not see that it is mostly government spending and feel the need for another rate increase
Oh…the FED sees that it’s mostly government spending, but any rate increase will be intentionally done to further tank our economy…it’s all by design.
Speaking of the FED..
https://www.zerohedge.com/geopolitical/two-more-hikes-powell-makes-stunning-admissions-during-prank-call-fake-zelensky
Genius Powell sez: …And it can be painful, but we don’t know of any painless way for inflation to come down.“
Well, genius, how about drill, baby, drill?
an abolition of the capital gains tax would help; by increasing the reward to risk taking, it would entice at least some of the money sitting on the sidelines to come out to play. Successful ventures would be handsomely rewarded, failed ventures would extinguish that money.
So long as Fink controls the monopoly of investment funds, and Blackrock Vanguard whatever IS effectively ONE entity, and they rigidly enforce ESG, etc. restrictions/requirements on lendingw will see more corporations forced to commit suicide, like AB and FOX.
PDJT hasn’t talked about it, but we are gonna need some MAJOR “Trust Busting” like this country hasn’t seen in many years.
Fortunately, MSM can be broken up, using existing laws regarding media ownership, by forcing the FCC to change regulations to conform with the spirit of the law, instead of going the opposite way.
And removing the 230 protections would destroy the monopoly of big tech.
Like 1000 Globalists, at the bottom of the ocean with lead galoshes,…thats “a good start.”
This is a great point that nobody mentions nearly enough
The level of consolidation in every sector of our economy is staggering – there is not one single sector that has been untouched
Nobody mentions this, unfortunately neither did Trump (even though it played RIGHT about his alley)
Add State Street and few other unnamed, but you are correct. And yet even they answer to WEF and central bank ‘owners.’
As far as I am concerned, they are enemies of the State and global terrorists.
Too obvious.
One of the talking heads in England said recently that the population should just get used to being poor. I guess inflation there is around 17%.
Abolish the socialist democrat party and watch the rebound. Then abolish the Republican Party and then we can maintain the growth. The system is doing exactly what it was designed to do…fail. But only after some elites walk away with the spoils.
I believe (IMHO) you have it bass-aquard.
Abolish the REPUBLICAN party, which I believe the election will accomplish.
Without their Republicon comrades, the Dems are weak, powerless permanent minority.
So how are the Bidenites spinning this? I’m not economics savvy, but I know a con job usually when I hear one. I do also kinow that prices have doubled in this past year alone.
I think the consensus is to blame Pres Trump. The grumblings I hear, from folks who stomach speaking to libtards, is just that.
It is illogical and without reason, but that is what they do best.
They make it up as they go. It doesn’t have to be legal.
They are bullies.
I don’t think they feel compelled to spin it any more.
Their perspective/attitude/response is, “Oh, really? So ya don’t like what we’re doin’? Try and stop us.”
Or as mobsters always say, “Wadda ya gonna do aboud it?”
Paul Krugman:
Ugh. 🤮
Holy crap. Krugman simply can’t help himself. He knows 100% that he’s lying through his teeth.
They all do. My neighbor was giddy when he found out that 100 of President Trumps closest friends were being investigated.
That’s why pride goeth before a fall, there won’t be anymore sympathy for these losers.
But…but…Krugman won a Nobel Prize!!!
Which in the 1920’s was a real honor…but…
Which today means – has meant for decades – absolutely nothing, as the prizes are given only to Leftists kowtowing to the Communist agenda, like Krugman.
When was the last time you had ever read a book by a recent Nobel Prize winner in Literature?
Abdulrazak Gurnah? Louise Glück? Patrick Modiano?
Giving a Nobel Prize to a no-talent, drug-bombed, Communist doggerelist like “Bob Dylan” only proves my point.
Nonsense. Dylan was/is one hell of a poet. His words and music are mostly pure genius. He’s far more deserving than most of the other goofy recipients.
Whew !
Thank You , Kenji !
I knew there had to be Someone Here that Shares my Thoughts about Dylan !
Just like the Pulitzer Prize
That is a rather sQewed take.
That’s as asinine as when Bush the 1st said it was easy to run the Country, “you just look at the bottom line” (and he ran it into the ground). What Morons.
True: and nobody – especially a president – should say that they “run America.”
America runs itself: whenever somebody in power thinks they need to “run the country,” then we always have trouble…like now!
is that final demand in nominal or real terms?
This Krugman has been a stone cold, unmitigated loser for his entire miserable “career.”
This turd is on par with John Ketchup Kerry, with regard to making most intelligent, clear thinking Americans physically ill whenever he runs his mouth.
Seriously, Krugman is nothing more than gutter trash “human” being.
And yet gutter trash are what pass for our government today. Never underestimate the ability of the mediocrity to reward themselves.
True, Emperor or Idiot – Ancient Roman Proverb
Agreed, completely!
Krugman will be totally fine… which is why he needs to be roasted on a spit first…
Entrails? He must be acknowledging the proof indicating from whence the report was pulled.
Read the Replies. No one believes him. Ha Ha
So what does he call the inflationary trends we are experiencing now? Oh that’s right he’s “an elite” and it doesn’t affect them, so no matter “water off a duck’s back” (or a duck’s ass I should say).
A lot of people will hear–our economy is growing 👏
Book that 2 week vacation….
buy the newest un-needed gadget, etc. and put it all on their credit card.
Not realizing that the figures do not reflect the truth regarding the state of our economy.
Sad.
I don’t think so…my checkbook says I can’t afford a vacation.
When they are b.s.ing about something on the other side of the World, like the Ukraine war, they CAN, for AWHILE shovel the b.s., since the media won’t call out the truth.
But, when you TELL them the economy is GREAT, and their $ buys less and less, eventually they start to believe “their lieing eyes”.
And, once they realise the Govt has lied to them about THAT, they start to wonder “What ELSE have they lied to me about? Ukraine? Covid? OMG,…Trump?”
So, let them spew their lies, and dig their own graves.
Credit card debt is at a RECORD $976 BILLION. So how much of the last 2 years has been financed by the smoes that have been believing the garbage dished out by Joe and his band of idiots? Tack on a lot of the increase is due to having no choice.
Reckoning is around the corner.
Acknowledge things for what they are…
Albert Einstein — ‘Two things are infinite: the universe and human stupidity; and I’m not sure about the universe.’
At least 90% of the population has no idea how anything works, especially money & inflation. Therefore, for each person proactively planning for the guaranteed economic collapse, there are at least 9 other people buying a new gadget/vacation/etc. JoeBama has them all addicted like crackheads to the next round of “equity stimulus” & bailouts – so why should they worry?
The Armageddon that Sundance warned over 10 year ago will be be here before the 2024 election. Prepare accordingly
So true, bk. Reminds me of the Twilight Zone episode that ran last night, “The Shelter”. Small town Doc builds a nuclear fallout shelter while his neighbors are having barbeques and laughing at Doc behind his back. When an errant plane or whatever is id’d as a missile the folks go nuts wondering why Doc won’t let them in. Analogous to the flood story in Genesis. (For you new curious Treepers on the young side that’s the first book in the Holy Bible. Get your affairs in order. It will pay dividends twice-first when the economic SHTF, second when the Lord Jesus returns.
)
Since the globalist’s US puppets are lying anyway, why don’t they just say the economy is increasing by 10%? It’s means about as much as the BS numbers they cobble together to lie to the US public with. The only real question is how much longer the house of cards continues to stand and just how devastating things will become for middle Americans?
I commented yesterday on the price increases for pet food, specifically cats. It’s not pretty but I’m betting the state and, in some cases, local governments are enjoying all the sales tax revenue from these increased prices. Mo money, mo money, mo money!!!
I am frustrated with dog food, as the brands I buy have to be purchased on line. I hate being forced to use a credit card. Plus the increased and taxed prices….a double whammy…trifecta actually…higher use of credit…interest rates…higher prices and tax paid.
Yes, what’s with that? I walked down the pet food aisle of my local Publix and there was exactly ONE 31 lb bag of dog food. Of any brand. The 16 lb bags were scarce too, while sections of the shelves were empty.
Stock clerk at Food Lion told me a month ago that their pet food comes in dribs and drabs and she didn’t understand because everything else was well stocked. Truck comes in almost every day but no dog and cat food.
It is my opinion that they want our dogs and cats to die of starvation. Then they want us to die of whatever they arrange for us.
They want us to have to eat our pets to survive.
Hear ya. Food for the boys went from 45 to 60 per bag. Now cost me more to feed the pups than myself – and between the two of them, they eat almost 1000lbs per year.
Went to a pet store a week ago and almost fell on the floor. 60 bucks for a bag of mutt food. And the gravy stuff 3-5 dollars.
If you knew what it was made of you wouldn’t feed it to your pets.
Hint…it’s ALL the stuff left over from butchering cows, chickens and fish. Amalgamated into a slurry, then extruded into a biscuit and cooked.
The raw product is same as above uncooked with peas and carrots thrown it.
If you want to start a business get into pet food, no USDA and it’s printing money.
I am making dog biscuits and cooking for my dogs. Dog food is nasty and ingredients are constantly changing. Tons of stuff in it that should not be.
The prescription diet has to be bought at the vet or online. I just buy everything that way using Chewy and Petflow based on which has the lower price for the same product.
My credit card is paid off so no interest at least. I’m happy my pantry and freezer are stocked so I can eat, too.
$108.99 plus tax for a 17.6 # bag of d/d for dogs.
and before anybody cracks wise (🤭),
if i don’t feed it, i get to clean up the front and back end results of intestinal distress.
and while i was at the grocery store this morning
(thurs. thru fri. being the “sale days”),
noticed it was every bit as bad as the height of the “pandemic”.
all my favorite brands gone, back up items very thinly stocked,
and a vague air of desperation amongst staff.
apparently, they aren’t getting any inventory in again….
I had to change my dogfood as it literally increased $20 for a 35lb bag. I have 5 dogs and that equates to a bag about every 3wks. It’s unconscionable what these crooks are doing to us.
I lie awake at night wondering when do we finally stop taking it, and what do we do when we reach that point.
This is how the Dems do it. Increase prices of necessities and consumables to leverage higher sales tax and whatever ancillary taxes are levied upon those goods. It means they don’t have to to commit to the big No No’s of reducing entitlements or increasing income taxes or instituting other unpopular ideas. Then all they need is a semi-lucid congenital liar like Joe B. to stand up there and tell you how great everything is. “It’s all great see!”
Steve Bannon has Rep Andy Biggs on talking about the illegal aliens amassing at the southern border. Rep. Biggs says between 700,000 to 1M are readying to flood the border next week when Title 42 expires.
Where is the cost of illegals reflected in analysis?
$80B to double the number of IRS Agents? They aren’t going to be able to squeeze any more $$ out of legal, law-abiding citizens, so what are they going to be doing?
Main Street is suffering? Main Street is being pushed to the point we are willing to burn it all to the ground.
Dark picture? Hardly. This is Build Back Better to perfection! Inflated government tax spending with fabricated dollars is the majority of all economic activity. Sounds perfect! We’re all Communists now! And our Totalitarian overlords will soon be issuing social credit scores and distributing food ration cards according to your score.
I need to go on a diet anyway.
😣
My social credit score will be forever known as the “Weight Watchers” score
I will just shop at the illegals pushing full carts to thier cars..
No laws goes both ways
In other words, the numbers are worse than they look.
70% public money driving GDP for European need is almost economic Hara kiri.
The plan is going perfectly
I have to constantly remind myself of this. God bless you all.
God Will Reward Every Wrong Endured
watch👇
https://www.desiringgod.org/labs/god-will-reward-every-wrong-endured
.
“Do not repay evil with evil or insult with insult. On the contrary, repay evil (or insult) with blessing, because to this you were called so that you may inherit a blessing.”
1 Peter 3:9
And: “Be not deceived. God is not mocked. Whatsoever a man soweth, that also shall he reap.”
The LORD said: “Thou Fool! This very night shall thy Soul be required of thee!”
Have pity upon “the Soul in the hands of an angry God.”
Some suggest:
The goal is to slowly collapse the US and western alliance, while keeping the people clueless until “the job is finished”.
Why?
Because the new hegemony is rising, the old must be collapsed to a vassal under totalitarian rule and complete surveillance to complete the shift.
Corrupt self-dealing government leaders and globalists are making it happen.
The CCP 100 year Plan is ahead of schedule, modified to add Russia as partner.
It is beyound the CCP – they are a new player on the block in relative terms. The story here is much larger – global yes…
Yes. CCP was funded by the money changers just as they did the Russian Bolsheviks. China is just another tool for them. Started with Opium Wars in the 19th century. 100 year plan started in early 1900s, Russia, Germany (temporarily stiffled), Portugal, Balkans, Italy, infiltration into US. China during and after WWII. Attempted in Spain in 1930s.
I wonder what is the end game here? Why are they doing this 2 hour country.
We could start with getting corporate money out of politics.
End game.
Collapse the economy. Institute World wide communism.
Kill off 3 billion people so the “elite” don’t have to put up with us. The vaccine was step number 1 of this.
Have all of the money and live on the entire planet in an uncrowded state plus have total control over the servants to them that are left.
Collapse the WESTERN “Global economies” i.e. the WEF countries, which have their media lackeys continue to falsly portray as “the GLOBAL econony”.
Use the created crises, to paint a DIRE picture, like they did in 2009 “Its the end of the World, if we don’t act NOW!”
Their “fix” will be to convert, over night, to CBDC, for EVERYONE.
“Your CASH will be worthless after ,..(“x” date) but you CAN “exchange” it NOW, for CBDC.
ALL SS payments, Govt payments, pension payments, paychecks, etc will be in CBDC.
For many, it won’t seem much different; they get their income by direct deposit, pay their bills by automatic payment, and purchases with their card.
And, if we allow them to do this, its OVER. They won’t need to futz around with the soft tyranny we have been seeing, they can go hard core.
Surrender your guns, do whatever we say, or we will cease your ability to engage in Commerce; ANY commerce.
No more worrying about the price of dogfood, we see you frequent a site called “Conservative treehouse”?
Yeah, your account is frozen for 1 week,….THIS time.
Conform, or its PERMANENT!
Very plausible. You can bet they’re thinking these things as we speak.
“Use the created crises, to paint a DIRE picture, like they did in 2009 “Its the end of the World, if we don’t act NOW!””
Just to remind everyone of this being a replay of 08….. Recall Paulson telling W that if the porkulus bill wasn’t passed within 24 hrs, the global financial system would collapse.
Two weeks later…..they continued the fraud by passing the Bill.
It wouldn’t be so bad if Amazon wasn’t posting record profits selling products from China. This in my eyes shows the common American as still dependent on cheap crap.. Many of our neighbors have zero interest in making anything new. This is very bad for the rest of us… The only bright side is the number obscure cancers are off the charts. I’m not trying to be mean but it’s simple really.. The only way out is through and the masses of stupid are blocking the way..
I have a friend who sells real estate in Pennsylvania. He said he has never been so busy. He sent me these listings:
Listed 3 days…gone $840k
https://www.zillow.com/homedetails/257-Willow-Dr-Newtown-PA-18940/102755044_zpid/
Listed 6 days…gone. $694,900
https://www.zillow.com/homedetails/2624-N-Sugan-Rd-New-Hope-PA-18938/9095689_zpid/
Listed 14 days…gone. $899k
https://www.zillow.com/homedetails/328-Conshohocken-State-Rd-Penn-Valley-PA-19072/9967362_zpid/
Listed 11 days…gone. 1.4 million
https://www.zillow.com/homedetails/3819-Church-School-Rd-Doylestown-PA-18902/10986826_zpid/
What is his reasoning for why?
He thinks it is baby boomers who have retired and wished to spent their money now. These people are paying cash using proceeds for the sale of homes they lived in all their lives
Truth is.. homes are one of the best investments.. Yes they go up, yes they go down, but over the span of 30 years they usually double at least twice. If you’re really lucky like boomers were it’s more like 10x since 1980.. At least here it has been.
No, they DO NOT “Double in VALUE, they merely double in price, because the purchasing power of the dollar has gone down.
Don’t fall for the steer manure, and don’t repeat it.
What was the VALUE of this house, 20 years ago?
Uh, it provided a family with a place to live.
And what is its VALUE, today? Uh, it provides a family a place to live.
VALUE hasn’t CHANGED, unless the house is poorly maintained, or the neighborhood goes “down hill” to become a slum.
So many, many people pay exhorbitant surcharges, for mere ILLUSIONS, that they embrace as if they were reality.
The ILLUSION of prosperity, mostly to impress others.
The ILLUSION of Security, lol.
The ILLUSION of Convenience.
A 1000 to 5000 percent “markup” or “surcharge” for something that doesn’t actually EXIST.
Fortunately, “hard times” cause people to make “tough choices” and once they start seeing the illusions as unaffordable luxuries, and so shed them, they will realise they are better off without them.
Exactly, Dutch!
While you are not wrong that buying power stays relative across most of the board. Yes Gold/Silver spikes but not for very long. I put in 60K 14 years ago and I have close to 700K atm while its unrealized. I made decent choices so far. Will is fall.. maybe. Could it be better.. yes… Could inflation not drive it higher via devaluation… yes. But everything is relative. They are not making more land and nature has a way of taking what we fabricate and moving it back into nothing so as usual “On a long enough time line, the survival rate for everyone drops to zero.” But that day is not today and tomorrow doesn’t look any better or worse. It just is what it is. I play the long game.
It doesn’t matter it’s worth 100x if you don’t plan to sell; or, what you sell it for won’t replace the size and quality you have. Quit thinking in terms of nominal dollars. Also, I’m a tail end boomer. And I got news for you, it hasn’t been as easy of a ride for us as you think.
The last generation that got the benefits of what their fathers and brothers fought for was the Silent Generation that fell asleep while we, their children, tried to tell them something wasn’t right and they chose not to believe, get involved, etc.and ‘we’ were not in a position at that time to do anything. Many of the commenters here are boomers or first batch of X.
Never heard of them? Didn’t think so. That’s why they’re called SILENT!
Oh I agree with that to some degree. They worked hard though.. much harder than we have. They labored far more than we have and suffered far more than we do. Was it in vain.. yes. Did they fall into a trap. yes. I lecture my boomer father about it all the damn time.
I’m the last of X and I see what you see but I also see the end. I wait for it patiently.
You’re correct about the labor and suffering. But it was because they were children of the Great Depression and had to dig their way out of what they saw happen to their parenta and anything they accumulated was better than what they had as children.
However, the signs were there when they got to be adults and got put in leadership positions in the family, religious institutions, academia, media, business and government and they refused to believe what they saw or how it would impact their progeny; or to even question it. They fell asleep!!!!!
My father is an elderly Silent Generation member and no matter how much info and evidence I put in front of him, and he is by all accounts a smart man, he refuses to acknowledge even the possibility of what we are all seeing and discussing.
All of his living siblings and friends to the last one are of the same mindset.
No, I’m talking about how much my father literally worked. How much effort he put into everything he did.. Everything that was expected of him.. Everything he felt he had to do to live up to expectation.
He avoided management because he cared for his family and any time he tried he was cucked by race..
He spent his time investing for himself and his family. He built what he could and has enough to never have to work for the last couple decades by playing the long game.
The silent Generation nothing more than an example of the 4 stages of turning. It’s nothing more, nothing less.. it is what it is. I do not hate my father for what he didn’t do to save us from what is here today.
It’s was not his place.. it wasn’t your fathers either.. It’s ours… wakie-wakie my friend.
I get it and I agree. Same with me growing up. Don’t hate him. Just can’t understand why they still can’t see it.
And the part about not working the last couple of decades, same with mine. But the opportunities for me at the same time in life to retire comfortably are not there as it was for him. And I’ve worked all my life, am ‘better educated’ and have not spent frivolously.
What I’m saying is these younger generations think all the Boomers have just had it made easy for them. And it’s just not the case.
Like your father and mine, I know of multitudes still living that had regular blue collar jobs and retired very comfortably, most early. That type of opportunity has been lost for that class of people. Hell, most classes now.
I do feel sorry for the younger generations and their opportunities though. I get it. I just think they misplace their anger and perceived faults with my generation. I hear it all the time.
As far as awake, many on here can attest that I saw this way back in the 80’s and have commented on that many times.
Or is he selling to Blackrock/Vanguard/CCP/State Street….?
spend the money on something real, tangible, and own it outright before inflation simply evaporates that money.
That was actually part of the design of Keyesian (demand side) economics. By having a stead erosion of the value of money, people would have an incentive to spend, ie, increase demand.
The fun part is asking Keyesians about their public works spending on things like stadiums; if one stadium will boost the economy that much, why not build two?
In a similar vein, if a $20 minimum wage is good, why not $100?
I’m counting on us winning but their plan is to take all the homes and property away from people. That’s why I asked the question.
I’m sure Ronnas botox and fact check site will get the word out since our media….including Fox…..won’t analyze the data.
The Biden admin continues to put lipstick on that pig. That pig is toothless, has only 3 legs, and is ready for the scrap heap.
Sadly, this is just part of the plan.
Otherwise, the energy policy would have changed ages ago and the rate hikes would never have started. This is fed and energy policy induced. They know it, but assume too many people don’t know enough to create an uprising.
If there IS an uprising, it will occur when the unwashed masses, as a direct result of the elites actions, truly accept that there are no rules, no laws and its ONLY the law of the jungle.
And believe it or not, that is NOT the goal of the elites, and if they step too far, and bring that awareness/acceptance out, the elites are toast.
They are playing with fire, riding a tiger, whatever metaphore you want,…and the 2024 election IS going to bring a resolution, one way or another.
Correct. They are in the middle of trying to finish the brainwashing and poisoning us by various means (depopulation that WILL get worse soon). What’s left will have access to food, energy and money curtailed to try and bring the final control.
I’m starting to think it may well indeed need to come sooner than later just due to current numerical superiority. But as I said before, it will have to come from the Youth.
Doubled income and no movement of economic situation dur to inflation. FJB.
There you go folks. The REAL reason for the continued promotion of this war. All, so that our government can get a little blip on the GDP. What a disgrace. Human life means nothing to these people.
Prices on common goods has gotten to the point of ridiculousness. When on sale I can buy choice cuts of beef for almost the same price as ground beef. Toilet paper is crazy. Want to cook out? Paper plates are $.10 to $.15 each! Chicken is $4 to $6 a pound (that used to be cheap eating).
My local Wally World had enormous frozen turkeys on sale, probably didn’t sell because they were so big. $1.17 per pound for 24 pound birds. I got two.
Ours had them for .50/lb.! Huge. Tough. I’m glad I only bought two.
For those with exotic pets, food and accessory prices have gone up too. Small packets of chinchilla treats used to be in the $5.00 – 6 (Cdn) range. Now $8.50 and up.. Also the contents seem less. I just came out of the pet store spending close to $30. (Including bloated taxes) on three little bags of goodies for the girl!
We’re still in the early stages.
Lets just say I read that in N. Korea, dishes using catmeat are considered a “delicacy” because during famines, they ate all of their pets, to keep from starving,..
And we all have heard about Zoo animals being harvested by starving hoards.
Early days yet,…
Let me now introduce into this picture a stupendously(!) amazing(!!) national security concept:
“Make America Great Again.”
No, this actually never was “a slogan to perch upon your red hat.” It was a very fundamental thing. It was the realization that no successful nation can ever depend on any other nation.
“If you do not put [your_nation] first, absolutely no one else on this planet ever will.” (And, why on earth should they?)
If you do not – yourself(!) – possess the capacity to produce – yourself(!!) – every single thing that you may require to win a war … then you cannot win a war.
If today you’re talking about “restocking in two or three years,” then: you are a loser. If “actual(!) warfare” ever happens to you, you simply don’t have a chance. And the rest of the world knows it.
“Wunderwaffen,” and “tactical nuclear weapons,” just don’t cut it. Sorry.
I hope that the ghost of “Ike” Eisenhower is not today in the position to see what has happened. Because, if he was, I’d expect him to dig himself up from his Abeline grave and kick ass!
Why would we trust any of the numbers in this report? We know they have been spun, reworked, homogenized and spun again. All numbers on these reports are political.
The only thing they show is, that despite their best efforts to show positive numbers, the economy is in the crapper.
Price Fixing Report
Illegal-Corporate-Price-Fixing-in-the-U.S.-Economy.pdf (goodjobsfirst.org)
This Report was found at: Violation Tracker (goodjobsfirst.org)
Don’t worry. Business will boom just as soon as the Pentagon can convince the ‘semi lobotomized quasi retarded population’ of the US that direct participation in the war in Ukraine is good 👍!
All those jobs making weapons, munitions, supplies, selling war bonds, insurance, etc will be just great for ‘their’ economy.
If you resist, you are a fascist, unpatriotic and a deplorable troublemaker.
The economy is firing on all three cylinders Jack.
Butt butt butt I’m making more money [nominally] than ever before in my life! I’m rich!
My grandfather, who was born in 1896, told me that in the 80’s , (because of social security). My father, born in 1935, told me that after he retired with a union pension, 3 rental properties, and social security. They were and are a product of their generation.
The hayride peaked around the Jimmy Carter period.
Remember it is not the economy in total that is growing, it is the politically connected parts of the economy are growing, making devices to kill. While the unconnected economy is contracting.
Yes, I don’t even know how they can include government malfeasance spending as a contributor to economic growth.
At some point here, they are driving for a collapse of our financial system. What then, who knows? There’s likely an end-game, but I won’t pretend to understand what it is.
I do know this: if you are going to finish this country off, you must take away the wealth of the middle-class. You could confiscate it like Mao or you could devalue assets to the point of being worthless.
There’s something like $30T (yes trillion) dollars in private retirement accounts in America. This includes everything except government pension systems. The left has been eyeing that for decades. Someday you might log-in to check your 401K and realize it’s been transferred to the government and no longer yours.
Who’s gonna stop them? the GOPee, the courts….LOL.
Saw a youtube video saying the USPS is way overstaffed, they’re sending their people home 5-6 hrs early every day, due to the lack of package deliveries, calling it a “unconcealable” economic indicator. Amazon also laid of 10k. Haven’t heard anything about UPS, etc.
I’d say some is due to upstaffing during the buy-by-click life during the lockdowns, but apparently volumes are now well below pre-china virus. Not saying its true, its youtube after all, but citizen journalists have proven themselves accurate over ‘officials’ and MSM more than enough times for me to give the citizen reports credence.
The gov fudges every number to keep up the fiction the economy is moving, but the actual stuff of the economy isn’t moving.
UPS also had an earnings miss today, but the Teamsters still want to strike.
They aren’t trying to assist the economy, they are trying to drive the debt to GDP ratio down by inflating away the debt through profligate spending. They want the private sector to contract, for climate change goals and when they make enough people uncomfortable with a lower standard of living, they can say look over here we have this shiny new digital currency. Powell stubbornly maintains that the rate hikes will continue until the economy “cools down”. The Bank of London is saying piss off you punters, you all will be happy with less.
We are the carbon that they want to reduce.
MNN BREAKING BUSINESS NEWS…
FOX NEWS TO REPLACE TUCKER CARLSON WITH NEWCOMER DYLAN MULVANEY.
SPONSORED BY BUD LIGHT.
Could this all be part of a purge?
Deagel Population Forecast of Nearly 70 Percent Fewer Americans by 2025 is Starting to Look Prophetic
by Joe Hoft Apr. 22, 2023
So, the COVID Blog says it is confident in declaring that the global population has dropped from 7.8 billion in January 2020 to approximately 6.8 billion today – about a 13% drop in 28 months.
“The powers-that-be will never report the truth on this, and will do everything to conceal, manipulate and distort the real numbers. So all we can do is crunch everything we know to determine the progress of their goal – 500 million humans left on Earth by 2030. Former Malaysia Prime Minister Mahathir Mohamad fearlessly blew the whistle on the depopulation agenda in 2015.”
https://www.thegatewaypundit.com/2023/04/deagel-population-forecast-of-nearly-70-percent-fewer-americans-by-2025-is-starting-to-look-prophetic/
—
So what is a 70% reduction in the American population by 2025 mean. 330 million Americans currently times .70 or 231 million dead by 2025.
Note: I have noway of knowing if the prediction above is correct
Looks like Aunt Clara is loosing her powers again.
I had to look twice. LOL
Also keep in mind that any ‘growth’ is based on offical inflation numbers.
I don’t see how growth is possible with rising real energy costs.
Energy + Labor + Resources + Capital required for growth.
Under the international US dollar system the US has been able to alter this equation domestic but not globally.
I was just talking to a few folks and someone suggested you do a live cable show, Sundance. I don’t know what your feelings are, but I know you would reach a lot of people that way…
I remember as a kid we had three national and one local news channel. All deliver via TV and at specific time.
Fast forward 40 years.
This is why the kleptocracy wants to ban ideas that circulate on the internet or the equivalent.
Too many zombies are waking up to the reality of there lies that cover their fraud.
I want Sundance’s ideas and work to spread everywhere.
I want Sundance the man to be utterly anonymous.
Anonymous and well bunkered.
(Lack of…) Integrity of the numbers notwithstanding, I’m surprised it’s not worse.
Have no comment on this report. Need to see GO(Gross output) number for the March quarter to make any useful conclusion about the Economy. Business to Business spending accounts for 60% of economy. The 4th Quarter 2022 GO was approximately 1%. When that number was reported we knew 1st quarter 2023 GDP would be very weak. With debt at current levels, government spending has a negative impact on the private sector. Expect that most of these malinvestments will be written off over time.
My son drives tractor-trailers for UPS as an “on-call” driver.
He was working about 60 hours per week, prior to the beginning of March.
Now, he’s lucky to get 12 hours per week.
He said that his supervisors told him that the economy put a lot of their commercial customers out of business and shipping is way down.
They told him that the outlook is bleak for the foreseeable future and they’ve been cutting routes and laying off people.
It’s all in line with the data showing that consumers are spending on services rather than goods.
😲
Isn’t Joe Biden a Professor Emeritus of Economics at the Wharton School?
In Texas and the grocery price increases are becoming relentless.
The official stats ARE A LIE.
I just bought a gallon of Clorox for $8 at Walmart today!!! It isn’t even a full gallon in size since they downsized it.
What if the current administration is seeking to complete depopulation by any means?
War Room yesterday…
“Harnwell: RED ALERT! The BRICS trading zone’s GDP is larger than G7 countries’ GDPs put together.”
https://rumble.com/v2kn98o-harnwell-red-alert-the-brics-trading-zones-gdp-is-larger-than-g7-countries-.html
Referenced article:
https://foreignpolicy.com/2023/04/24/brics-currency-end-dollar-dominance-united-states-russia-china/
Pee Wee Herman can’t afford popcorn at the theater.
Times are really bad.
Pat McAfee’s 4th Annual Draft Spectacular | April 27th, 2023 – Live Stream
https://commoncts.blogspot.com/2023/04/pat-mcafees-4th-annual-draft.html
“1.5 billion to plant tree’s”
more tree’s less carbon so they can claim their idiotic carbon capture scam is working
And! they will be China owned Monsanto’s GMO Tree’s so they don’t die from the chemtrails like normal tree’s are.
Once again China is Joe Biden’s benefactor
“Overall, this is a dark picture. Inflation is still raging. Inventories are dropping…”
A solution to avoid dealing with real problems like this article outlines is Tic Toc of course. I was about to enter a search for a video on You Tube’s main page and I was greeted by the Top rated Tic Toc videos as suggestions. They all had 10, 20 or more million viewers. Tucker’s ratings (probably too low) were just over 3 million. Of course there are many other similar tech etc. diversions that don’t challenge the mind or inform about reality.
If we add the power of political propaganda to the minds of a large portion of people that do care “somewhat” or a lot about some issues, the future does look bleak. PDJT is the best possible solution but it will be a serious challenge for him in 2024. What will be the jury vote on the rape trial in NY? The judge has already excoriated PT for criticizing her.
I had a decent conversation with a friend I hadn’t seen for years until he mentioned that both PT and DS want to pass legislation allowing men to marry 12 year old girls. I won’t continue. The poisoning of minds is far more destructive than even the horrible number of Fentanyl deaths. The poisoning of minds leads to Fentanyl across open borders and countless other societal evils.
The fact that the pentagon would make a statement regarding a cable news show speaks volumes!
We are in Hunger Games, 1984, totalitarian turf. ☹️😩🤐