To: ChicagoConservative27
Supply and demand.
Real income (adjusted for inflation) is dropping so budgets get tight. That COVID stimulus money is long gone...
Discretionary income is first to be cut. We'll make do with that old car rather than buy a new one. A vacation would be nice but scale it back or forego it..
Money is tight, spending drops and the economy contracts. Demand is down so if you charge more for goods they won't sell at all. We seem to be out of "other people's money" at the moment.
31 posted on
04/12/2023 12:35:00 PM PDT by
ZOOKER
(Until further notice the /s is implied...)
To: ZOOKER
“We seem to be out of “other people’s money” at the moment.”
Hah! Federal debt is only $34 trillion and going up $6 billion every day. There’s plenty of money. Just ask the reparations crowd.
34 posted on
04/12/2023 12:38:06 PM PDT by
ProtectOurFreedom
(I don’t like to think before I say something...I want to be just as surprised as everyone els)
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