1ºSo all of you can’t see the issue. Schools first, we allow men dressed in sexually explicit clothing to do book readings to our kids then turn around and say don’t force your beliefs and on me.
Will of the people, the majority of this country believes in some form of Christianity, but if they speak they are bigots. Not to mention the fact that this a republic and built on the fact not everyone is equal but has the same opportunities as anyone else.
Small business, the over reach of the government trying to (protect us) has caused many small business to close, or go into large debt.
2ºJessie Lopez : Ms. Lopez, I do not know how single family house prices got this idea. A 20% down deposit in the Bay Area became $200,000 for 1500 square feet in an area where the median annual income is $150,000. I cannot account mathematically for the number of house sales. It seems like about 10-11 years ago the federal government was in a condition, according to the Bipartisan Policy Center, in which all federal tax revenue was going to pay for Social Security, Medicare, Medicaid, and interest on the debt, then at $16 trillion.The budget for the entire executive branch had to be borrowed, and half was coming from foreign governments. The federal government is the largest organization in America with a labor force that is 9 to 10 times the size of the largest public corporation. But the news media and government leaders report the American economy growing robustly during that time period, maybe 2%-3% per year. When raising the debt ceiling in 2021, government leaders and most economic commentators insisted if the federal debt ceiling had not been raised, the American economy would have fallen into depression. Is it the case that we have had a robust economy growing side by side with a federal government essentially operating in bankruptcy mostly funded by debt? The rule of thumb is that the federal government needs to keep borrowing money to keep the rest of the economy from declining into depression. It seems quite weird. Marc Zandi and Larry Summers will be blessed with not experiencing any recession. I see many emoticons people deliberately choose which are not happy faces. It is not entirely clear what they mean, like an open mouth showing blackness. Being in the middle of conversations with relatives feels like psychological terrorism in which I am always supposed to feel pitiful and guilty. Unfortunately, I felt safer and more comfortable in my job in China.
3ºKelly Cordes Schneider A little bit is on this administration for the 1.85 Trillion spending bill that help many out during the peak of the pandemic. The former President actual spent over 3.2 trillion in major spending bills much more than the current administration. Economically speaking inflation has historically been the fault of monetary policy. The Fed reserve increased their balance sheet by trillions putting a huge amount of liquidity into the market. They have since raised rates ( which caused the mortgage rates to increase). They have reduced their holdings by many billions which will slow the economy. Another really big factor is the war in Ukraine that caused the rapid raise in oil. It has fallen a lot lately to under $100 a barrel. Gas prices will follow soon. The supply chain issue and the shipping companies tripling there rates is another big reason. Maybe the biggest. Then there is everyone of us. The US families in average has had an increase in disposable income and are spending regardless the price. This is starting to change which will reduce prices. There you go a short explanation of who is really responsible for inflation.
4ºMarsha Kay it was at 4.07% in 2018 during the last presidential administration. My point being… although we may want to blame stuff like this on who is presidents to fit into our pwn political beliefs, there isn’t really a lot of correlation to that. Rates move around based on a many number of reasons… most importantly the bond market. The fed has the biggest influence on the wider rate environment and they are not supposed to bend to political pressure. Current fed chair Jerome Powell was named chair by President Trump. But i understand the desire to want to assign quick blame
5ºThe townhouse near DC just year ago cost 500k and with rate at about 2.9, so, all the payments were about 2550$. Now the same townhouse proposed with price decrease of 30k, but even with that it costs now 580 with rate about 5.5. Payments for the same townhouse will be 3700!!!
This is 45% more. How it could be affordable for an average family with average salary??? And this is not a house, a townhome, and in about 40 miles from DC.
To make it the same affordable as in previous year it should cost 380k for payments to be the same. Which is just unreal. Nobody will sell a home with such a price decrease
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7ºAndrew Evans when you start a war on your own energy independence the price of crude and all other energy skyrockets. Expensive energy causes the economy to slow down, along with pointless lockdowns (because no measurable positive effect can be proven) created the perfect storm for what is going on right now. And everything ameica does affects the entire world. Germany for example has their first negative growth since 1991 (stricter lockdowns than the US and their energy went up 300% in a year). Europe is about to fold. It's really not that hard to understand if you're not a moron. The day Biden took office crude spiked significantly. Coincidence?
8ºPaul Ban if your so intelligent why don’t you understand cause and effect? So if we took your info and focus on the fact that this happened “the day Biden took office” this means NO legislation he did could have created this issue if we use your reasoning right? Did you see how you just walked right into the point and you still didn’t see it? Jesus Christ . I can’t stand Biden either they are all crooks just can’t put the blame on one person or administration this is a greed complex this is why total capitalism doesn’t work.
9ºJohn Daru ok. So I am liberal… this administration sucks… it absolutely does, but if vote it back in to protect my rights.. regardless… here is an honest question for you…. Gas is up, and we want the White House to fix it…. Inflation is up.. we want the White House to fix it… no baby formula… White House fix it… people are charging too much for houses.. White House fix it…. I honestly thought the Republican Party was one that wanted to keep the government out of businesses and out of citizen’s lives as much as possible… so what gives?