Housing and working wages won’t be under control unless Trump massively reverses and goes for the promised mass deportations that won him the election.
My former neighbor Earl said he could have gotten $50,000 more for his house if he had sold last year.
China has falling housing prices.
Why debate an economist? Trump has enough on his plate. May as well waste his time having lunch with Pelosi.
Only solution is to go back to a Gold based Dollar and will be a lot of pain involved like not seen since the Great Depression, otherwise this nation will self destruct no matter what.
People don’t understand Trump...he often responds to criticism without having researched the person he’s responding to. In this case, besides Schiff, myself, and the Big Short guy, there was NO ONE in the United States who accurately predicated the 2008 housing crash.
By they way, there are also Zeepers here who do the crap to myself and others on Ukraine, Trump, and other issues, so I can see why Schiff is annoyed.
gasoline prices are coming down substantially, 15 % + around here in last 2 weeks.
Presidents don’t have time to debate a talking heads.
Biden and the Democrats have caused the affordability crisis.
By talking as though it is all better, is denying the above reality.
People are hurting and they were probably hoping for miracles fast. They aren’t getting them. As usual, RATs cause the problem, the GOP guy gets their mess, and the RATs campaign and assign the blame for the mess they caused on the GOP guy.
Many things aren’t improving. Like Medicare. It is worse. Drug prices are not better. Except a big deal was made out of saying Ozempic would be cheaper because Medicare and Medicaid would pay for it. How is that a help to anyone who isn’t fat? Nice for Big Pharma though.
People on Part D are getting a one time fat copay at the first of the year when they go to the pharmacy.
I see rewards for Pharma and Insurance companies.
Until the average person starts to see some relief, selling the notion this is the golden age is lame. Golden age for who?
When taking economic advice, I'm going to ignore the JV team.
It's wrestling with a pig.
President Joe Biden for creating the affordability crisis.
He increased inflation to a peak of 9.2% and some wonder why theirs a affordability crisis it take time to get things right Trump is on the right track for it.
The first thing that needs to be determined, that’s what’s causing the affordability issues.
I believe that this is a nexus of multiple causes. 1. A generation that believed that they should be given things instead of earning them. 2. The Biden administration squander the treasury to try to bring in new voters from other countries. 3. Corruption, unchecked, in government run by a shadowy few is destroying the value of currency. 4. Congress that refuses to balance, the budget. 5. Enormous trade deficits compounded by poor trade agreements and failure to respond to other nations predatory economic policies. 6. Clinging to Keynesian economic models of printing money without production. 7. Endless wars. 8. Attempting to transition to a ‘nanny state’ of guaranteed income, subsidies, EBT cards, ect, ect. 9. Fake government jobs to employ people with fake degrees. 10. Government intervention into healthcare. 11. The blocking of energy production, especially BTU efficient and cheap forms. 12. Drugs and the destruction of people and cost to society. 13. Civil legal system that allows people to do Lawfare without repercussions. 14. Failure to support blue collar workers and farmers. 15. The CIA and CCP release of COVID-19 for political purposes. 16. Replacing Americans with HB-1 visa people and foreign trained workers. These vectors combine to cause devaluation of currency, cause prices to soar, making things unaffordable.
The reality of the above crisis is real. The root causes HAVE BEEN and CONTINUE TO BE democrats core policies:
1. Unfettered immigration and open borders. 2. Obamacare and its insurance and insurance executives bailouts.. 3. Obama and continuous wars 4. Green movement and CO2 hoax (watermelons). 5. NGO and financial spending. 5. Democrat administrations and Janet Yellen presiding over 2/3rd of the debt. 6. No Jobs and direct attack on entrepreneurship 7. Destroying small business (see Obama/Biden). 8. Destroying Tariffs, and promoting horrible trade agreements. 9. Morally bankrupt generation that supported all the policies that led to affordability problems, and blames the ‘rich’ and hates Trump, and attacks entrepreneurs. 10. Supporting, grifting, and enabling theft from government programs and ‘Government Unions’ that exist to grift. 11. Failure to hold Congress to account and failure to push for Balanced budget Amendment with teeth. 12. Federal support of biological weapons research out of the US. 13. Lawfare and legal system abuse. 14. Idiotic environmental policies that are neither environmental or helpful.
Affordability crisis is real, and it’s absolutely the result of nearly 34 years of ‘big government’ politicians Democrats and those that voted for them hold a huge portion of the responsibility. The clinging to failed Keynesian economic policies, in an attempt to bring socialism and destroy the United States, is a big part of it. Everybody should be talking about cause and effect, on every channel, until it sinks in to the public.
” don’t have time for a grudge match with every poser in a parka!” - Dr Horrible
Of course there is an affordability crisis and it stems from the democrat management of the economy during Biden’s term. Trump cannot turn this ship around on a dime if he were to do the exact right thing at the exact right time at all times. It takes time to change an economy, especially with the number of giant holes in it left by the democrats.
Schiff should not go on TV attacking Trump’s management without mentioning the difficulties caused by the democrats with Biden.
Gas prices in our area are at about $2.68 down from $3.05 but nowhere near $1.99. Prices at the grocery are still inching up except for cheese and eggs.My coffee pods just inched up another 20 cents.
If you had any courage you’d discuss the lies amplified by your boy Rand, and shared by you regarding Secretary Hegseth and the narco boat strikes.
But I get it, your TDS doesn’t allow for any mea culpas. You’re the same as the Legacy Media. You just ignore one lie and move on to a new squirrel.
Bwahahaha. Publicity hounds never change.
Go ahead and have a debate about the US economy. But with it has to be a debate on its relationship with the world and how to handle the foreign diplomacy involved with the interaction of what other countries bring to and take away from us and how to negotiate it. Zeroing in on one piece of a puzzle is not determining anything but what that part needs. Not why and how to get it.
wy69
Schiff sells gold.
Simple as that.