2 Reasons Why It Is Impossible For Any Rational Person To Be Optimistic About The US Economy At This Point

TEC ^ | 10/25/2022 | Michael Snyder

[EvilCapitalist]

Rational Person? I guess that leaves out democrats.

[CatOwner]

... as investors pour money into the stock markets and ratchet them up again ...

[Nextrush]

The temporary moves of Wall Street they figure the GOP wins in two weeks after that SHTF more the reality.

[citizen]

Thanks for all your postings!

You should ask a mod to edit your 2 to read 12 reasons.

[MotorCityBuck]

I’m optimistic. Doesn’t mean I like it, but it is what it is. Buying opportunities everywhere (Stock Market, Real Estate). The more things change the more they remain the same. Not like we haven’t been through this before, and it will happen again.

[Organic Panic]

Trump’s fault. Global warming. COVID. LGBTQWFT!?, people of color, indigenous, and marginalized communities hardest hit. Everyone’s fault but Biden and the democrats.

[The Free Engineer]

The people “in charge” are frantically denying there is a problem, and to the extent the do acknowledge it, they have wrong prescriptions because they don’t understand or won’t see the cause.

So yeah, that’s bad.

And and WWIII threat.

[sauropod]

.

[laplata]

After Nov. 8 and the Red Wave, the Dims will put all the blame on the Republicans.

[citizen]

Whatever you think of the listed 12 reasons, I can’t fault any of them. My realtor’s housing market has gone from red hot to bust in the last months. A huge 450-acre housing development right across the road from me has ground to a halt.

A favorable election can provide a bit of a break and a spark on a recovery.

[citizen]

After Nov. 8 and the Red Wave, the Dims will put all the blame on the Republicans.

---

For sure, they will say the Biden economy was tip top until then and their media lackeys will not just echo it, but trumpet it loudly.

[laplata]

I forgot to mention the Dims will oppose every Republican effort to make the economy better. For instance, they’ll oppose any efforts to get drilling back on track.

[MotorCityBuck]

Agreed. I want nothing more than that. A malaise isn't good for anyone. It does not give one an “optimistic” feeling ;)

[SaxxonWoods]

I’m irrational, I’m very optimistic about our economy. I’ve watched it suffer from the work of idiots and evil ones all my life and it’s been impossible to kill off.

Even Obama couldn’t kill it off in 8 years of trying and now he’s going on 10 years. He too will continue to fail in the end. This economy has given me 73 years of general prosperity and I don’t give up on America.

We are barely into this recession and everyone acts like it’s the end of the world. I guess they will be suicidal when reaches typical recession levels, 8-10% unemployment, etc. After that we’ll see how things go.

[ifinnegan]

I think the totalitarianism being implemented is a bigger problem.

[griswold3]

Exactly! 100% chance of Recession in 2023 already baked in the cake. But Dems will not waste an opportunity to regain power in 2024 by laying the cause of our decline at the feet of the Republicans.
Wash, Rinse, Repeat

[EEGator]

I don’t think it will.

A rail worker strike in the US is coming, which will hinder logistics even more.

I think a global dumpster fire is coming.

Credit Suisse, Deutsche Bank, Bank of England, Bank of China, REITs, etc. are in trouble.

China hasn’t released GDP numbers for three straight quarters.

Thrown in potential expansions of wars...

[metmom]

Ping

[citizen]

Yes, and diesel fuel, which was mentioned in the article.