Posted on 04/05/2024 10:47:36 AM PDT by Kaiser8408a
All aboard the crazy train!
Today’s jobs report was terrible despite the sheer number of jobs added. Why? They were all part-time jobs.
And on that “all part-time jobs” report, the US 10-year Treasury yield rose to 4.38%.
Which means that mortgage rate will follow upwards. All based on part-time job growth.
Bizarro World! Unfortunately, the Federal government and Federal Reserve think they are Superman. But only in Bizarro World.
(Excerpt) Read more at confoundedinterest.net ...
BizarroWorld is a good description of 2024 America
Bit by bit, the government is ruining the economy. The poeple won’t repent and turn to God, so God let’s them do it.
American workers used to have only one job, under Biden they now have two.
Yet the stock market is absolutely BOOOMING! Go figure.
In this jobs report, as always, the number of government jobs continues it relentless growth.
(is ruining the economy)
That’s for certain
2024 is going to be ..... interesting, I think 🤔🤔🤔
Bit by bit, the government is ruining the economy.
———-
By jacking with numbers and statistics. Lies and ommisions everywhere. From inflation numbers to employment numbers, to the Covid scam to the Ukie war. This administration is evil, pure evil.
The worst part is how many believe them.
“Yet the stock market is absolutely BOOOMING! Go figure.”
Earnings keep hitting or exceeding predictions, Productivity is improving. The predicters were too conservative about earnings so the market is catching up to reality. I think it’s about there now.
The problem for consumers is inflation made worse by idiotic energy policy. Since energy affects the price of virtually everything we buy, we are all getting hurt by that.
Interest rates need to stay where they are. Folks just need to adjust their spending habits and move to lower cost of living areas. High single digit rates are more the norm. Near zero rates are ridiculous.
USA Government is 100% funded by USA government.
USA Health Care is at least 50% funded by government, which includes Health Care education and Research & Development.
The rest of the economy is being artificially stimulated by millions of illegal immigrants who have fraudulently claimed asylum, but still receive billions of dollars every month from government programs.
Stocks are all pumped up by and valued in FED deficit money printing. Not on the value of the companies & corporations.
That can only serve to help Biden’s re-election chances. Big sigh.....
Coming up next,,,,
87,000 new IRS agents and 20,000 new Climate Corps hires coming up!
“Let’s see....what can I do to make Jimmy Carter look good by comparison...?” ~ pedojoe
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