I have not written as much about the economic analysis coming from the official institutions of government because, well, quite frankly, none of it has made sense for several months. In this era of great pretending, I am reminded of the official catchphrase which began in 2021, “managing the transition.”
When you contemplate that “managing the transition” can also equate to controlling public opinion, and when you overlap the dynamic of large U.S. institutions manipulating information in order to control that opinion, then suddenly the trust in the data evaporates. When the reality of the economic situation you can measure, gauge, and sense on Main Street is increasingly detached from the government data about what’s happening on Main Street, things get weird.
EXAMPLE TODAY – Bureau of Labor and Statistics: “Total nonfarm payroll employment increased by 150,000 in October, and the unemployment rate changed little at 3.9 percent.” That’s the topline as announced.
Then you drop to the adjustments on the same report: “The change in total nonfarm payroll employment for August was revised down by 62,000, from +227,000 to +165,000, and the change for September was revised down by 39,000, from +336,000 to +297,000. With these revisions, employment in August and September combined is 101,000 lower than previously reported.”
September and October are generally significant upticks in labor, as the process for holiday preparation (shipping, transport, etc.) are underway. However, that historic pattern is no longer applicable. We see consumer trends in a downward direction, general uneasiness of the economic situation is relayed by businesses and consumers who are the key to reality, and yet the official reporting reflects something entirely different. Thus, you must ask yourself if this is part of the aforementioned “managing the transition.”
Additionally, staying with the bigger (non-pretending) picture, the U.S. government intentionally imports 7.5 million illegal aliens. Where are they in the data of employment conditions? Is there a metric that can evaluate the impact of a non-skilled labor influx that takes place simultaneous to a negative economic reality of inflation and diminished wages felt by those traditionally measured.
When you look carefully at the data provided by the Bureau of Economic Analysis (BEA), the Dept of Labor (DoL) and the Bureau of Labor and Statistics (BLS), what you come away with is the data-driven impression of something that you cannot actually see in the reality of the economic world around you. Quite simply, none of it makes sense.
If you begin talking about the disconnect, you enter a sphere of sounding like a conspiracy theorist. Would the official institutions of economic analysis actually manipulate data as an outcome of the larger goal to “manage the transition”? For me the answer is an emphatic, yes. However, how do you quantify that disconnect when the people with a vested interest in hiding any conflict are the same people who control the release of the data?
It is a reality that 75% of the American people feel their economic situation has worsened and continues to be worse. Many people are increasingly incapable of staying ahead of increases in cost of living. Govt institutions say inflation has come under control, yet the prices continue skyrocketing and everyone can feel it. Financial insecurity is the new normal amid a growing population, while the managers of the transition say, ‘all is well.’
The only thing that brings a person back from the world of crazy speak, is a review of actual ground reports on Main Street from people who are living their daily lives and trying to cope with the costs of maintaining that standard. Almost everyone expresses having more difficulty keeping their financial head above water. Yet the data released by government paints a different picture. The distance between reality and ‘official data’ has never been wider than it is today.
Fewer goods are being manufactured. Fewer goods are being shipped. Fewer sales are taking place. In a naturally contracting cycle this would mean less jobs. However, the data shows job growth.
♦Health care added 58,000 jobs in October, in line with the average monthly gain of 53,000 over the prior 12 months. Over the month, employment continued to trend up in ambulatory health care services (+32,000), hospitals (+18,000), and nursing and residential care facilities (+8,000).
♦Employment in government increased by 51,000 in October and has returned to its pre-pandemic February 2020 level. Monthly job growth in government had averaged 50,000 in the prior 12 months. In October, employment continued to trend up in local government (+38,000).
♦Social assistance added 19,000 jobs in October, compared with the average monthly gain of 23,000 over the prior 12 months.
♦In October, construction employment continued to trend up (+23,000), about in line with the average monthly gain of 18,000 over the prior 12 months. Employment continued to trend up over the month in specialty trade contractors (+14,000) and construction of buildings (+6,000).
♦Employment in manufacturing decreased by 35,000 in October, reflecting a decline of 33,000 in motor vehicles and parts that was largely due to strike activity.
♦In October, employment in leisure and hospitality changed little (+19,000). The industry had added an average of 52,000 jobs per month over the prior 12 months.
♦Employment in professional and business services was little changed in October (+15,000) and has shown little net change since May. Employment in temporary help services changed little over the month (+7,000) but is 229,000 below its peak in March 2022.
♦In October, employment in transportation and warehousing was little changed (-12,000) and has shown little net change over the year. Over the month, warehousing and storage lost 11,000 jobs, while air transportation added 4,000 jobs.
♦Information employment changed little in October (-9,000). Employment in motion picture and sound recording continued to trend down (-5,000); the industry has lost 44,000 jobs since May, at least partially reflecting the impact of an ongoing labor dispute.
What do you see happening in/around your area? How are the employment conditions nearest you?
Retired Magistrate here: Delaware County Ohio was fairly recession proof during the 2007-2008 recession and the same seems to be holding true for this recession. I have noticed that houses are selling slower; however, housing prices are still high and eventually they sell. Food prices have gone up, but some processed foods have now stabilized for the time being.
There are several gas stations selling gas for $2.99 a gallon and fuel oil has come down to $3.60 still high, but better than it was last year at almost $5.00 a gallon.
People continue to buy and I see remodeling trucks everywhere. I think a lot of people are staying put and upgrading rather than selling. Even if you get a good price for your house, it is difficult to find something comparable for the amount you received for the sale and real estate taxes have increased anywhere from 30-40% across Delaware County.
We are staying put. Just finished having new gutters and downspouts installed; ours were at least 30 years old and leaking a lot. My husband attempted to fix them, but he would fix one spot and another would leak. Other than that, we just keep the house in good repair; no fancy upgrades, just take care of what we have.
A conspiracy theorist is a person with a profound distrust of proven serial liars.
Yes. I am.
I’m one too. Quite proud of it because I consider them the people who aren’t afraid to step out of the box and look at the broader picture. Right or wrong in the end isn’t the goal. I think its better to test the water than be afraid to dive.
The BLS is a department of the Democrat Party just like the FBI, DOJ, CIA, EPA, FDA, NIH and National Archives.
Is it the usual decrease in full-time jobs getting outpaced by the increase in part-time jobs?
That was always the next level data drill down on Buraq’s “job gains”.
Bingo. 10 FT job going away netted to 17 PT jobs created. At a lower wage. With fewer benefits.
The magic of job growth for those that care only about the UE %, and not one whit about reality.
Obamacare killed the FT job market. Ever since, the UE% has been worthless. Jobs create has been worthless.
The Labor Depts ever present adjustment down after the fact for a D president and up for Trump reveals the propaganda game.
And Main Street is not the only disconnected American institution.
In fact, disconnected is the order of the day.
I am not at all confident History is repeating OR rhyming,…I think we may be truly in “unchartered waters” and venturing where humanity has never gone before, on so many levels.
I concur. The past three years has shown me things I never ever could have dreamed of. A male swimmer competes against women and dominates them and the feminist cheer? A Supreme Court Justice cannot define what a woman is. Parents concerned about their children’s education and safety at school are deemed domestic terrorist. A man with fake breasts takes his shirt off on the White House lawn. White children are labeled as oppressors. Adults help depressed and anxious kids run away from home so they can go and stay with “queer friendly” adults. Protests worldwide demanding that Jews be eradicated, 8+ million illegal invaders from 150+ countries ushered into the interior of the US, and on and on the craziness goes.
It just grotesque and infuriating.
Agree, at least in my lifetime, in this country. Europe and elsewhere have all had brutal totalitarian governments in their history. The U.S., however, never has seen the federal government this badly corrupted and controlled by unelected entities since the country was established as a sovereign nation under the Constitution and free of rule by the British Crown.
Here in Western PA, when you put up a job posting, you’ll get about (20) resumes.
Of those (20), maybe only (5) will reply to emails or phone calls.
When you set up interviews with those (5) people, (1) person will show up for the interview, (1) person will call to cancel before the interview, and (3) people will just not show up.
Sounds about right.
Is some of that due to the requirement that those collecting unemployment or food stamps, and capable of working be able to demonstrate they are “making an effort”?
Don’t know, long retired but at one time, there WERE such requirements,..and people would ‘game’ the system.
I’m sure that is part of it.
A lady I know who owns one of the larger staffing agencies in Pittsburgh told me that after one’s unemployment compensation runs out, they can apply to the state of PA and get money, ad infinitum.
When someone gets $20K a year to sit at home, how much do you think you have to pay someone to actually work??
If the work is hard, they are gone within a week or two. You can’t pay them enough to stay.
Yes.
The Mon Valley, when I was a youth, was known across our nation as “The Valley Of Work”. Not so much these days.
Yeah, those days are gone!!!
They sure are! I’m not far from there; it is quite depressing, really.
The steel mills are almost gone, thus the term “rust belt!”
Laid off 4 (20%) of our employees today. Sales have been bad for months, couldn’t keep eating the excess wages.
Sad to hear. Best of luck in the future, JT.
The PNW wood products / paper products markets are getting out of balance. The paper mills – paper, cardboard, TP- are slowing down as the consumer spending on that stuff decreases, but the lumber mill producers of paper pulp inputs are still going ok. This is leading to an accumulation of wood chip, sawdust and shaving piles all over Orgone and Warshington.
The construction markets are still going strong enough at the moment in spite of the high interest rates to keep the lumber mills from slowing down much.
It’s possible China will be slowing down on accepting those wood residual also, thereby closing another outlet. That stuff is what get made into melamine for example, furniture, etc other consumer stuff.
There’s good money in sawdust for compost
Ocala FL – there’s help wanted signs everywhere. No one is lacking a job that I’ve noticed. Big farms are selling at about the same rate, there’s a lot of money coming into town primarily due to WEC and Wellington being ridiculously expensive.
There’s the same in Gainesville, which is almost completely a UF town. The campus, graduate schools and the medical centers dominate the area and keep it hopping.
The help wanted signs are fake. Try applying for a job that pay REAL wages in FL. I know grown men breaking their backs for $12 an hour.
Hmmm, I don’t like minimum wage as many of these people are not worth even that.
Only 20% of the people are worth their salt.
80% are duffers and waters of time and money.
To have monopolies, you must have government.
We have been socialist for a long time. Just go to the minimum wages or other government fascism (control through regulation, which 0bama was the master with his pen and phone treason) of industry and that is a clear sign of treason*!
Central Florida was always slave labor state! I was shocked moving there in 1979 to see adult men married with children working for the minimum wage!
OTOH, when my folks moved to central FL (Winter Haven) in mid-1991, the cost of housing and living was so low they enjoyed it immensely, since my retired dad had only a very small pension plus SSA, and my mom had no income. They could get dinner at a small local restaurant for about $8 total for the two of them (they tipped heavily at those low prices). They bought a brand new beautiful fully-equipped doublewide mobile home that had a big carport and sat on about a quarter acre of ground, for about half of what $$ they had netted after selling a small, 40 year old brick rowhouse in suburban Baltimore.
Do you realize how many pundits within Conservative Inc. would go out of business if there was no more manufactured crisis to sob about? There audience mainly exists out of grievance. You wouldnt have to turn to Tucker Carlson for hopium anymore if our vote still mattered. Therefore, you will not hear much of anything about the hidden dynamic everybody is pretending not to notice. Not good for business.
The people didnt vote for this….How did this happen?
Three Years Later: 10 Things We’ve Learned Since 11/3/2020
https://skeshel.substack.com/p/three-years-later-10-things-weve?publication_id=798984&post_id=138556443&isFreemail=true&r=tkcdu
51000 government jobs which cost taxpayers, just always thought government jobs as a taxpayer expense and their pensions too, way too many people are living in the matrix. the pretending is through the roof, people are stuck in the grip of the lying media.
Doing contract work in East central Florida for 300+ employee mfg. Co. tied to construction. Heavily financed, can’t get above breakeven, financial covenants out of compliance. Lender likely to pull support early new year. Last ditch hope is tariffs on foreign competitors, but probably too late as construction is down.
I heard from a relative in home construction in Florida that companies are having a hard time finding replacements for the illegals that are no longer able to work in that industry since Florida tightened requirements. Have you noticed that as well?
Let me guess. When the “transition” is finished being managed, it will be time to eat zee bugs!
You will be fighting the rats for scraps before that happens.
Just look to Venezuela for what you can expect.
Except OUR treasonous government has imported an illegal army of illegal invaders (aiding and abetting), which did not happen in Venezuela first.
May be one heck of a free for all against all comers.
Burn Loot Murder, antifa, HAMAS, isis, Blackrock, , islam, 5-o jackboots, and the multitude of gangs … yeah, good luck with that when supplies really get scarce.
VIVA MEXICO!
” the U.S. government intentionally imports 7.5 million illegal aliens.” I think this point is generally misunderstood in terms of intent and usefulness. These people instantly become the middle class consumers. The amount of public benefits they are given as “refugees” would blow most people’s mind. Mr and Mrs Americana lose their job and go bankrupt and diet fentanyl poisoning, and they are being replaced by a new consumer that doesn’t require a job to go to every day. That will never have budgeting issues, as all their bills are paid by direct deposit and automatic withdrawal. That will never argue about the price of anything because they are paying it from the wages they earn. The great replacement is much further along than most people realize. Hurry up and die, nativist.
Or, instead of “hurrying up and dieing” if someone has reached the point of “losing everything”, go to the border,…cross the border…turn around and get in line, having thrown away your I.D.
LIE, and give them made up info on name, dob etc. and then take the bennies.
I wonder if this is happening, at all?
I’d be very surprised if it were not.
No longer a fan of Howie Carr, but he was saying years ago “All I want is to be treated like an illegal alien.”
The stats have been ‘revised downward’ in every reporting cycle over the past several years.
They’ll count illegals taking jobs from Americans to claim unemployment hasn’t changed, but ignore the illegals who are here by the millions sucking off welfare from the same stats.
They’ll count government jobs as ’employment’ despite those jobs contribute nothing to economic growth and overshadow free market employment.
They’ll claim jobs are increasing while ignoring it is the same dudes and ladies taking 2-3 jobs to make ends meet.
Their stats are worthless. About as reflective of reality as inflation figures that exclude cars, food, energy and housing.
Rural western Montana. Seeing many retirees coming back into the workforce. Gas and grocery prices continue upward. Local small businesses appear to be surviving thus far.
Its utterly tragic that old folk don’t get to enjoy a rest before dying. Plenty of money for Ukraine/Israel though.
Yep, Good point. Likely we are paying for Ukraine pensions.
We’re entering 2006 in my SWFL county. All the signs are in place. In a 5 mile diameter area I can show you at least 20 brand new speculation homes that are not selling. They are at a relatively huge price for a crackerbox built mostly by illegal labor and crap materials. New homes purchased in the last two years are either going up for sale or for rent. And, it takes a long time to rent them. The exact same thing happened in 2006 here and everyone locally forgets.
These local “county people” are just plain delusional if you talk to them.
We’re entering snowbird season now and while last year’s traffic at the grocery stores was heavy in the morning, the opposite is true now. (not complaining at all). You don’t see as many out of state plates here (good). People are driving further and further to either part time jobs or full time jobs. I used to hear nothing on the state road near my house at 5:00am when walking the dogs. The traffic is insane at that time now. It’s about the same level of traffic flow as that which occurs before a hurricane when people are heading inland. Those people driving in the morning aren’t joy riding at that time in the morning or going to stores around here. They’re driving 50-100 miles to work because that’s where the employment is.
It’s changing and this year it has accelerated.
But, is it bad enough yet? Don’t think so.
The jobs add last time (last month) was mostly Government
Yeah, they were touting how good hiring 85,000 IRS agents was going to be for economic growth.
Bidenomics!
They have to shake down a lot of (MAGA) people to add 85k.
Mid Atlantic. Prices are continuing to go up. As an example, the coffee I buy for a 30oz container was $12, when the mob took over the White House, now is $18. Everything else is similar.
I’m in a position where I only buy dairy, coffee, and household cleaning products, but my laundry detergent went up $9, and coffee $7 since Trump’s votes were stolen!
Most items at the stores are up a minimum 100% since the communist regime stole our WH.
That’s what I am finding too. One specific item I had not purchased in a couple years was double. Meat is still ridiculous. East Central Florida. Eggs have come down a lot from earlier this year but still about double when Trump was POTUS. Eating out has become ridiculous, treated my gf of 50 years to a birthday lunch, $50 including tip at Olive Garden. The desert was free because of store membership and we upped to a bottle of wine for $20 because a single glass was 8. Went to a seafood place on the water, one of us had mussels, the other mahi, one had dessert and the other had wine, $90 including tip. I am in sticker shock.
Any report from this administration is meaningless. Their numbers are questionable at best and this administration’s integrity and honesty is non existent.
Because math is RASSSCCCIIIST, doncha know?
As they say.
“Cause, like, when you start learning about systems, everything is sexist, everything is racist, everything is homophobic, and you have to point it all out to everyone all the time.” – Anita Sarkeesian
Make sure to call them out, all the time, for EVERYTHING!!!
Their rules.
And Saul says …
ne atlanta, stolen gwinnett cty, construction of multi-unit housing is at an unbelievable pace for the 33 yrs we’ve been here. not kidding THOUSANDS of apartments built and building within 10 miles. two very large hospital complex expansions and lots of shops. always has been super multi cultural BUT wow!!!! you wouldn’t recognize the walmart crowd now! schools have crashed and continue to fail miserably from previously great success in the 90’s. house prices up but selling much slower in last few months. gas is cheap…..er and food is up like everywhere. finally, as everyone knows, it takes an hour to drive from atlanta to atlanta. it is worse than ever AND you can not believe the crazy crap you see some folks doing on the roads!! oh…world class park system here. soccer field close by, lights on until 10 pm, lots of yelling in the voices of men…not boys. and a new mosque a few miles away. so. tremendous changes since the ‘plan demic’.
Apartments everywhere. A house I own in Massachussetts is wanted by a company that wants to build apartments. They already got the houses on either side. I’m probably going to sell it to them but I want to drive the hardest bargain I can. I’ll do well but its sad too, house is 124 yrs old and gonna get ripped down. The other houses are also real old. And the neighborhood has always been houses. Fundamental change for that neighborhood. Once the apartments go in, the shady element arrives to “enrich” the community with their multiculturalism.
I routinely get postcards and letters from uninvited entities trying to buy my modest-pretty-average ranch house in a blueMA suburb.
And my car dealer is always trying to buy back my 11-year-old Honda Civic.
Not letting go of either…
Last year, I visited one of my children who lived in Alpharetta at the time. It is a very nice area. I noticed all of the apartments going up too, plus the area seemed to have a high Indian population. I speculate they are the visa workers brought here to replace Americans workers.
Monthly job growth in government averages 50,000 …. That right there is our death knell, sounding loud and clear.
At this point the Biden Regime is just pulling money out of their A$$ (the money printing fraud) to pay more govt’ employees. Then we are taxed on top of that to pay them as well.
I do wonder if Joe Biden, insofar as he is still able to comprehend anything, knows the books are cooked and the reported statistics grossly misrepresent reality.
The old fool is probably living in a Potemkin village where he genuinely believes he has made Americans prosperous and happy. It explains his anger and irritation whenever a reporter asks him about the poor economic conditions, beyond the fact Joe Biden has always been an irascible a-hole.
Anyone that believes anything this Government tells them will also believe America needs another Kennedy in the White House.
I live in the Southern Tier of NYS, a low-population area on the border with PA. I’m spending twice as much for groceries than I used to. Even McD and BK fast food is expensive. Gas has been up and down and is now at $3.79. Relatives moved up from FL and were shocked at the exorbitant price to rent an apartment. We haven’t dipped into savings yet to pay for essentials, but we’re close
Can’t be very far from you Kitty in NE PA…in “gas” country and our gas prices are absurd! Gas in NY is actually less expensive right now compared to our area of PA so I cross the border to fill up.
Grocery prices are ridiculous. Taxes went up for 2024. Help wanted signs all over but no one is applying. Discussing whether to buy 4 new tires just to have them…heard from our car dealer that several tire companies are looking to downsize and slow production.
The so-called “jobs report” is hogwash…all lies just like everything else coming out of these criminals mouths.
What should we expect from a government who lied about a virus, lied about ivermectin, lied about the shots and lied about a stolen election? Criminals all.
OMG!
Small World!
That is where my husband and I grew up on very large farms!
My husband was a blacksmith and also showed his horses!
My brother was a horseman and worked for Budweiser!
Incredible!!
You may never see my comment Kitty Myers but I always look for yours!
I find you somewhat amusing with your comments and quite on top of the issues at hand.
Pray Tell why would anyone move back to New York State, especially from Florida?
Take care and God Bless YOU Kitty and our old stomping grounds, Southern Tier of NYS!!!
Humidity, biggest bugs in the world, gators, sharks, hurricanes and Florida houses aren’t cheap anymore, plus the traffic, ugh. Ain’t nobody can afford home insurance.
Central Virginia.
Housing is the big deal here.
Practically impossible for a 30-something making what used to be a decent salary just 4 years ago to buy a house. The rates have gone up so fast, the inventory is so low, and a down payment required has doubled.
Add to that rents have doubled and tripled from 2021.
First time buyers are shut out unless they have family resources. My son on a salary of less than $60,000, in 2019, was able to buy a home for the first time. Not possible now.
Even an hour out from the city in rural counties rents and housing prices are impossibly high.
Gas is about 3.15 average. Food prices are stable and some products have come down like bacon.
From the BLS ‘data’, it appears that well over 50% of the jobs added are ‘non-productive’. Government and healthcare are for the most part ‘parasitic’ in nature.
IT jobs are also mostly parasitic in nature. I is one
Two things that come to my mind from a behind the scenes look:
I would love to be a fly on the wall to see a federal grant for hiring nurses and how it is used, by big health care, in determining salaries…and how much they pocket in profit of what is not spent. Meaning its impossible to get a nurse job, or other type like lab or respiratory therapy, for an 8 hour a day work week of 40 hours. Its all 12 hour shifts. 12 hr. shifts have been written about and studied. They are not healthy for staff or patients. Yet the hospitals are allowed to continue with the gimmick. Full time is considered 36 hours a week in a hospital…is someone pocketing a weekly 4 hour surplus for a worker working 12 hour shifts in a ‘full time’ work week? BTW, if they could get away with not paying nenefits to the 12 hr shift workers, they would…they tried it years ago. It is also well lknown they can get by doing the 12 hr. shift gig, with fewer employees…meaning fewer salaries to pay. I think the 12 hr. shift thing is a work around of federal grant money for hiring processes. JMHO, after too many years of 12 hr. shifts.
About two years ago, Sundance also discussed the lower prices we might see on big ticket discernable goods and ensuing lower prices/sales of said items….and lots of sales. I would suggest looking closely to figure out how long an item has been sitting in a warehouse….it may not be the really good deal on a sale.
Buyer Beware.
I recently purchased a spot cleaner for the puppy accidents. The box clearly indicated that the company warranty expired from so many days from the date printed on the box…90 I think. I purchased the item at least a year after that date, hey I was desperate. And declined the extended warranty offered at checkout…now I know why the stores offer that…I have never had an issue but this seems to be an internal protection by corporations….oh…said company of this one product hits your ‘feelings’ making you all warm and fuzzy as their engagement in saving animals is ongoing…while the effectiveness of said older warehoused and newly advertised product, has declined, Bigly.
There is a vicious competition for one’s ‘discernible dollars’ going on (I don’t have any), based on the assumption we have ‘discernible’ dollars to spend. And get ripped off.
While I am ranting…one city is already getting ready to light their Christmas Tree…big boxes are pushing Christmas and have been….since before Halloween, and are already talking about Black Friday…
Local businesses I frequent advertise they are hiring but I see no new employees…what’s up with that?
This really is Obama’s third term. Same old, same old… report stronger numbers initially, and then quietly revise previous numbers down. Obamas numbers were alway revised down. 🤔. I seem to remember Trump’s number’s frequently being revised upward. 🤔.
We can see in real time the Socialist Bookends to TRUMP’s attempt to restore the USA and Make America Great Again.
As soon as 0bama started his third term with Joe Pedo Peter Biden as the figurehead we went right back to the issues and problems which got TRUMP his landslide victory that broke their cheating schemes and treason.
Speaking of Ozero …. is he going to play economic and food games with this?👇
https://www.nbcnews.com/politics/white-house/biden-quietly-tapped-obama-help-shape-ai-strategy-rcna123238
Obama is the Foodstamp President…. so yes, I agree. His third term which is illegal.
I still see help wanted signs all over the place and restaurants in Colorado and Nevada seem to be always looking for help. The weekends still seem to be busy, but the weekday trends are slowing from what I can see. Also depends on the restaurant. The middle of the road (Chili’s, Applebees) seem to be closing down, compared to either fast food or some of the upper middle to higher end restaurants, which are thriving. Where are people getting their money to continue to spend? The younger generation is not working or buying homes, but still have money for phones, clothes, eating out and drinking at their favorite bar. People are still going to sporting events and spending $10 on a beer and $150 for tickets! None of it makes sense. Gas is more, food at the grocery store is more, everything is up at least 50% or more from when Trump’s election was stolen from him. Most things are double.
Anything to do with real estate is suffering. 40% fewer closings YOY in Colorado. Don’t get me started on the lending side. Down nearly 90%. People are paying with cash to buy homes. Can’t get a prescription filled without standing in line for 30 minutes, due to lack of employees. Many employers are laying off 20% of their workforce, even in the medical field (traveling nurses).
We’ve never really been in economic conditions before where the goal by the Elite is to destroy the economy! Any explanation would be appreciated.
I keep telling folk that it will eventually go to dark stores. Vast warehouses manned by the military, and all shopping done on Online, but only if you have enough digital dollars, and they allow you to have it!
No more brick and mortar rent, or upkeep. That is what they are aiming for.
It is called Credit Card abuse. Have several cards, only pay the minimum and max them all out. Then file bankruptcy. Everything you bought is FREE.
The Stock Market is heavily manipulated. The biggest manipulators are Black Rock, Vanguard, State Street, US Treasury and Federal Reserve Bank. What they all have in common; they are all run by democrats.
When was the last time you have seen anything run by democrats benefit the People?
They use Bloomberg and WSJ to manipulate stocks with FAKE NEWS hit pieces to knock the share price down.
I’ve seen it a lot with Apple and Amazon lately.
Amazon will survive this unless they jack the annual for Prime up too high. There are things I only buy locally because I need to see it – clothing, food – but if it’s a replacement part, a standard tool, a standard supply, a specialty item – it’s easier on Amazon than driving to all the stores to find it. I am finding Amazon handy or cheaper for even stuff I used to hit the local hardware stores for. Some OTC medicines/supplements I buy from Amazon (in quantity) and some I buy from Walmart depends on which has better prices.
It is the Biden Regime can any of it be true regarding the Labor Dept. reports.
Gas is 2.89 per gal. That is a one dollar reduction in 30 days.
SE Wisconsin area I see more retired persons working to supplement retirement.
Not many essential workers any more, who could not count change, without the register telling them. Or the obvious unkempt workers in the fast food locations. The obvious liberal grocery stores are charging delivery fees of $15. So the elderly and confined are being taken advantage of. Store stock is not very plentiful. An Ad comes out, most of the featured stock is grabbed up. Seasonal produce is good though. Potatoes are selling cheaply right now.
Many people are being gouged for more luxury items. Organic and Health Food items are way over priced. If a person has food allergies and must purchase certain items, the prices are ridiculous.
Bids on roof repairs, furnace, water heaters are outrageously sky high.
Growing organically is really hard to do, and produce good quality, and crop quantity.
Food sold in stores today has up to 80% less nutrient value than 40 years ago.
each generation becomes more sickly. flowers that die before their time. so sad.
The Gig is already up…. lower gas prices are not going to save people now. Most are either in Bankruptcy, or on the Brink of it.
Maybe not most, but enough to make a serious dent. Lower gas prices would support a slow recovery but investment in bringing factories of all types back to the US is needed, a major restructuring of industry and the workforce. That can’t happen until all the illegals leave. Best way to make them depart in a jiffy is deny them employment everywhere and take them off all handouts.
Only thing growing is the fed government and debt.
Glad we were able to pay off our mortgage/vehicles during Trump adm ….
We had Peace and Prosperity w Trump….its Trump2024 or bust.
PS…need a Moratorium on all immigration for atleast 10yrs….they are sending their best!!!!
Full of dx and uneducated, creating more debt and welfare.
NoBorderNoCountry
Note BRICS bottom right
https://www.usdebtclock.org/
Now look at the BRICS nations debt. America is finished.
https://www.usdebtclock.org/world-debt-clock.html
In my little town and surrounding area there are lots and lots of people who cannot make ends meet due to groceries, gas prices, a spike in rent (many have lost their homes or businesses due to rental increases), electricity, etc. Our community regularly canvasses people for needs and people get together and meet those needs through the churches, through “blessing boxes” (wooden boxes throughout the community that people regularly fill with groceries and personal products), and just word of mouth. Young single parents and the elderly seem most affected.
I’m constantly seeing people looking for that extra, odd, job just to make ends meet on top of their regular job. Personally, I’ve done the hard math on the Farm costs and I’m downsizing due to feed costs.
I’ve been trying for many years to “be prepared”, so I’m better off than most, but it breaks my heart watching my adult children and their families struggling with simple things, like the cost of a doctor’s visit because their deductible is extremely high, trying to shop for groceries that have doubled and tripled in price, etc.
Things are much worse. The numbers are lies.
A very strong trend I’m noticing due to the extremely high costs of healthcare, is people are looking and finding alternative ways of attending to their health. I like this trend. Obamacare wrecked healthcare and created an enormous burden on people. They avoid going to the doctor now. My family has been studying up on holistic methods.
holistic health is the bright light, as you say. look for that to be yanked and stomped upon…
People need to understand that we have socialized medicine in the US. Everyone needs to take responsibility to learn and practice healthy living, eating, exercise, etc.
Get off your never-ending cycle of daily meds and the next great vaccine. Most are sold to you as propaganda like cholesterol and acid reflux., HPV & the flu shot.
The medical community expects to make 80% of their money off you in the last 20% of your life.
My property taxes in Cook County, IL went from $6,800 to $9,800 per year. – 3-bedroom ranch
Neighbors across the street went from $4,500 to $9,800. 2-bedroom ranch
Groceries are insane…. every time I go shopping the prices continue to go up. And these Communists in the Biden regime have the gall to claim these really low single digit inflation numbers, LMAO. More like 100%+ I’ve seen online videos with the receipts showing some items have gone up 200% in the Grocery stores, most items I buy are up minimum 100%, with some prices jumping 50-60% in a single week at times.
Gas prices are down and I believe due to less demand. The roads I travel on daily are also less traveled. No traffic jams unless there is an accident. This is actual proof of less consumer and commuter activity.
Bucks County, PA.
SE Arizona
Went to Walmart early this am.
Before 8 and there was not the usual busy crowd. Pretty quiet for a Friday morning.
Walmart is starting their Black Friday sales on 11/10.
Seems like they are getting creative in trying to bring people in.
Cheapest gas is 3.50. One gas station.
The rest are 3.73-3.75.
What I have been noticing…
An uptick in the number of people ” carrying “.
Barf!
That’s unreal….
Had to re-read that to make sure I wasn’t hallucinating. She is a moron.
Yeah, She is doing a heck of a job helping others go Bankrupt and soon to be starving, or on foodstamps.
Don’t worry though, she says they (her Colleagues) don’t need to worry about money, they’ll just print more of it for themselves, or steal it from you, or I….. LOL.
Steal from us.
Last night went to the local Ace Hardware, to shop for batteries. four pack of nine volt $19.99. On sale.
That is insane
Report from South Bay area of Los Angeles County.
Fuel prices and food prices are insane. Am seeing $6 to $7/gallon and I am probably paying 2X what I paid for groceries compared to 2 or 3 years ago.
I work in Aerospace. We are chronically understaffed and people are quitting without notice, due to being overworked. I rarely get a day off. This coming weekend will be my first real days off work in about 4 months. Reason: myself and a coworker threatened to quit. Management probably took it seriously this time, because 3 people have quit with no notice in the last 2 months.
I work with 2 shifts every day, and sometimes 3rd shift too, in the manufacturing area. I am on call 24/7 and ever since covid, nothing runs smoothly, so I frequently get calls midnight to 3 am.
Manufacturers don’t know how to make parts anymore. Suppliers frequently don’t make negotiated delivery dates.
The people who do get hired, don’t like to work hard and often have bad attitudes.
Young professionals are quitting and relocating, because they are realizing that they will never be able to purchase a home and raise a family in LA. Hourly workers need to drive insane distances to work, in order to find affordable rents.
If you own a home in CA, cash out and move out from that state. You can find a job in aerospace in another state with a much less cost of living and higher standard of living.
Good aerospace jobs in Texas. No state income tax. You’ll still prolly be working your butt off, but you get to keep more of it. And you get reverse sticker shock on houses, you wont beleive how cheap compared to where you are. Just a thought.
It costs a lot of money to drive to work, maintain a vehicle, packing food, etc. Sometimes people are better off not working…. I know because the idiots (Dem-ocrat communists) taxed me practically to death on top of my normal expenses.
When your government lies about Ivermectin and then doesn’t tell you the whole truth about a vaccine then why would that same group tell you the truth about economic stats?
The thing with lying is once you start it it becomes habitual.
The American people have had nothing but mostly lies for 1,020 days now.
Add several zeros to that figure and it would be closer to reality.
The lies go back much further than that.
The Consumer Price Index (CPI) numbers by themselves have been cooked for decades.
And so have the unemployment numbers, with inaccurate metrics.
My employer, a large government contractor has been pretending for 2 years now that there is no inflation. At a rate of 8-9% per year over the past 2 years, I am down 16-18%.
These corporations are so large, that there is no discussion of topics such as inflation and wages within the organization. They have adopted the information ‘push’ mentality and wonder why the results of the yearly employee survey show employees are generally dissatisfied and many planning to leave in the next year or two.
And..bureaucrats are earning 6 figures salary with pensions and bureau are infested with all kind of nepotism.
Linked by our friends at Liberty Daily:
https://wwmt.com/amp/news/local/pfizer-layoff-workers-hundreds-kalamazoo-portage-global-manufacturing-facility-factory-covid19-covid-19-coronavirus-pill-medicine-paxlovid-comirnaty-low-demand
Salaries and jobs…and corporate survival. Forget the little guy. Like I said earlier…are companies really hiring?
https://www.shadowstats.com/alternate_data/unemployment-charts
People do not believe what they are being told, except the absolute morons that infect our society which is a small percentage.
Always Always to remember ‘ They Lie About Everything ‘.
If young women keep voting for democrats this country is finished.
If it were just young women, they would not be running the country. My turkey day is regularly spent with a senior couple, she’s GOP and he’s Democrat, nobody talks politics at the table and this year there will be 9 grandchildren.
A pay freeze at my employer is holding up offsetting inflation that one would hope for, was promised to me, and budgeted long term a couple years ago.
The inflation #’s I’m experiencing are greater than what is reported in many cases. Maintenance costs of owning a home and a car for myself and my wife are great examples.
One specific example is a consumable component of the pool vacuum. Last year was $6 vs. the $26 I just paid.
Sounds like first world problems, but believe me when I say, we do not live large! Selling the house soon because we cannot keep up, and moving into a manufactured home so we mitigate the outflow from what little is left of our savings.
Praying for Trump’s return to office. I know that won’t solve everything, but hopefully that puts us on a better track than the past 3 years. I dread the thought of 5 more like the last 3!!!
All our government does is lie and they do it because the idiots believe them. Reality bites and it’s just around the corner for the fools.
I was laid off in June. In April the company had an all hands “kick off”, where one of the major themes was the slowing economy. Between that and a merger, no bueno.
The real kicker is, I’ve not been able to find anything that I am qualified for since. I apply for positions at least 3 times a week. No calls and the rare email is always “sorry, not at this time.” From 2019 and earlier, I had employers constantly reaching out to me to see if I wanted to come work for them. Its all crickets now.
LinkedIn is interesting… on a few levels. Some jobs you can see how many applicants have applied. Its not uncommon for 500+ resumes to be sent in via that particular avenue alone; sometimes over a thousand. As a Senior Manager, when I opened a requisition for a manager, consultant, or architect, the most amount of applications I would get would be about 40. On average it was closer to 10.
Crazy times. yeah globalism. [fjb]
The data suggests that those employed have taken 2-3 jobs.
Obviously that could be true but more likely it’s illegals that make it appear that way.
Also it’s ridiculous to make a distinction between teaching / social worker jobs and govt jobs.
Tuscarawas County, Ohio. Food prices still going up. We’ve cut back on buying extra stuff as it’s just too expensive. I’d get ice cream through the summer but not this past summer. Even on sale, it’s too much money. Gasoline has been leveling off a bit, but still higher then Trump years. Looking at the housing market and it looks barren compared to years ago. Fast food prices have skyrocketed. I can eat at a decent sit down for the price of fast food now. We support local restaurants when we do go out to eat, which is not as often anymore. Utilities have shot up 25-50% this year. It’s crazy.
Central Texas here. My hubby’s law firm has seen a huge decrease in clients. People just don’t want to spend money on legal and are losing trust in the system. They are totally cutting the insurance plan, bonuses, and phone service. Our groceries have gone up and up. Gas is up and so are heating costs. Local tax rate went up, too. Plus, real estate prices are through the roof. The places that are hiring are only minimum wage, like retail and fast food.
Growth in population and industry in upstate SC seems to have peaked but that won’t stop the chamber of comedy that controls our local politicians from pushing building more houses and giving away the farm, fee in lieu of taxes, to anyone who wants to come build or promises jobs in SC. Don’t need to necessarily achieve your commitments, it’s the thought that counts. County council trying to push more taxes to fix the roads that are 3rd world quality. Haven’t figured out what they did with the money from previous bills they passed but they aint fixin roads. Housing market was scorching hot but has stalled now. We’ll see if prices start to drop at all. Inflation is everywhere else. But it’s surprising that so many people are still buying new vehicles, especially expensive pickups. Not going for less expensive vehicles.
Perhaps buying pickups are a good investment since roads are so bad. Other cars may fall apart on some roads, but the pickups may outlast the cars.
My ground report comes from talking with my daughter who’s trying to make a living in delivering to people. Did really well until all these people started coming in. Evidently the government has given them cell phones with the ability to grab jobs before anyone else has a chance to look them over. Also, some companies that were paying good money has lowered their wages expecting everyone to make up the difference in tips. She’s finding it hard to get good runs now. The tips have lowered too.