Posted on 06/20/2023 4:46:20 AM PDT by CFW
When you have $6.5T (with $4.3T in revenue though) you can smooth over alot of rough spots in the economy. Government spending creates GDP, too. It’s when the bill comes due that things get wonky.
What great economy ? Try to buy beef under $8/lb. try to buy gasoline or heating oil under $3.60/ga. Walk into an urban drug store and buy something that doesn’t have to be unlocked first.
I own a small business and I have been resisting increasing my prices. I have a little bit, but not enough.
It finally got too much when I was having record sales, but actually showed a loss.
So instead of increases that just covered the increase in cost, I started increasing prices to cover the cost and return us to pre-COVID margins.
My customers haven’t even blinked. Some even commented that they wondered how I kept my prices as low as I did, as long as I did.
Talking to other small business owners, I am not alone. Many tried to absorb as much of the wholesale price increases as they could, but increased labor costs, taxes, and other “hidden” costs (like the new attitude of employees to working) have pushed them to finally raise their prices as well.
There is going to be a second wave of inflation.
I snorted coffee through my nose when I saw the article title.
Nearly everything is double prior to chomo Joe’s regime. I FINALLY got aluminum for a project. It is double from a year ago. I was hoping to get some new property but it is double to triple what it was just a few years ago. The dollar is crap. Food is double. Gasoline and Diesel are still $5 a gallon. Have I been able to double my income??? Oh yeah. What a great economy. That 38% who approve of this damned idiot is a government employee or corporate crony. No one else is doing well in this economy.
Reagan returns to leave warning.
And then the REAL inflation crisis will begin.
Bankruptcies are the highest in ten years. Even the shoe company, Rockport, just declared bankruptcy.
https://footwearnews.com/business/business-news/rockport-files-bankruptcy-ceo-resigns-1203478214/
Bed Bath & Beyond, David’s Bridal, Party City, and more: The biggest retail bankruptcies of the past 15 years
https://news.yahoo.com/bed-bath-beyond-party-city-195906558.html
Did CNN say the economy was great or mostly great?
After all CNN called a riot a mostly peaceful protest.
Have you heard even one time Biden say something simple like "How am I doing?" to a crowd?
You heard DT always mention the things he accomplished, whether your 401K is doing great, etc.
I remember NYC mayor Ed Koch, even though a liberal, would say at gatherings and during election time "How am I doing?", knowing that if things sucked, he would be booed. But he was never booed, because he knew, for whatever it was worth, the state of NYC was not in turmoil.
CNN is just one of the government’s propaganda arms. Anybody with an IQ over 50 can see that. They’re a freakin’ joke.
One business has gone belly up (thanks government!) and the other just has two part time employees.
Wow. THIS is supposed to be a ‘great’ economy?
Flipping Gaslighters.
Ex-CNN producer John Griffin sentenced as victim speaks out about abuse
By Olivia Land
June 21, 2023 9:03am
https://nypost.com/2023/06/21/ex-cnn-producer-john-griffin-sentenced-for-child-sex-abuse/
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