As another Lame Cherry exclusive in matter anti matter.
All of us know how bad the Trump Economy is. Some make lists of the continuing potholes of the American economy which is making the road blocked.
The following are 19 facts about our current economic performance that should deeply disturb all of us…
#1 In April, U.S. auto sales were down 6.1 percent. That was the worst decline in 8 years.
#2 The number of mortgage applications has fallen for four weeks in a row.
#3 We just witnessed the largest crash in luxury home sales in about 9 years.
#4 Existing home sales have now fallen for 13 months in a row.
#5 In March, total residential construction spending was down 8.4 percent from a year ago.
#6 U.S. manufacturing output was down 1.1 percent during the first quarter of this year.
#7 Farm incomes are falling at the fastest pace since 2016.
#8 Wisconsin dairy farmers are going bankrupt “in record numbers”.
#9 Apple iPhone sales are falling at a “record pace”.
#10 Facebook’s profits have declined for the first time since 2015.
#11 We just learned that CVS will be closing 46 stores.
#12 Office Depot has announced that they will be closing 50 locations.
#13 Overall, U.S. retailers have announced more than 6,000 store closings so far in 2019, and that means we have already surpassed the total for all of last year.
#14 A shocking new study has discovered that 137 million Americans have experienced “medical financial hardship in the past year”.
#15 Credit card charge-offs at U.S. banks have risen to the highest level in nearly 7 years.
#16 Credit card delinquencies have risen to the highest level in almost 8 years.
#17 More than half a million Americans are homeless right now.
#18 Homelessness in New York City is the worst that it has ever been.
#19 Nearly 102 million Americans do not have a job right now. That number is worse than it was at any point during the last recession.
There is though something which is is Trump's Achilles Heel, and that is his allowing Energy Rapine of Americans, via HAARP in weather modification and the fact that Trumpflation is now spreading due to the high prices of gasoline and diesel.
Energy is what drives inflation in the cost rising. This is the main reason MAGA died, as you can not raise gas prices, taking money from Citizens and expect them to have the extra money to buy pizza, beer or go to a movies. Those little things are what drive the US economy and Ronald Reagan understood that. That is why his recovery was from the bottom up in fur prices.
Of all things Governor Kristi Noem of South Dakota, allocated a 500,000 dollar bounty on next predators to help wildlife in her state. Each tail from a raccoon, skunk, badger and red fox is worth 10 dollars turned in. That money will be put toward pizza and beer, to new guns and traps for rural people. There is a limit of 590 dollars, but this 500,000 dollars in South Dakota will return to the government at 6% sales tax, or the reality of, 17 times that dollar turns over in the state, will be the entire 500,000 returned.
That is how you generate a recovery, not through Obama or Trump infrastructure money laundering.
The America economy has no self generating wealth, and if anything attempts to generate wealth, the high fuel prices nuke the numerous small people, whose unemployment is rising as Trump's Mexicans flood in, are released, get fake identification, and take more American jobs.
I stated before that you can not have MAGA with high energy prices. It is impossible. The effects of Trump taxes keeping Obama taxes on the books and high energy are now destroying the housing and auto markets.
If you watch your grocery prices, the big corporates are spiking prices, no one is buying soda to Doritos, and they are then force to sell almost expired product at reduced rates. That is what is driving the food industry sales now, in people are buying things on sale, and not when they are at spiked prices.
Toilet paper spiked immensely and now is running the cycle of dumping the product as people stopped purchasing and went to cheaper products.
People can put their faith in ghost pages like Qanon or Sunprancer, where one is mentalist fakery and the other is Kushner fed, but none of their hocus pocus in Trust Trump's Plan or being a Trump Clapper does not change economic reality. When fuel is at 2.80 a gallon, that cost drives up all other prices, just like it eats your paychecks.
Donald Trump can be anointed king with a crown, but his oil economy is going to inflate people into poverty by design. There is something hugely wrong when wage numbers are quoted at 15 to 23 dollars an hour, and 50,000 dollars a year is considered "bottom rung". That is inflation. No one is richer, but all are poorer than people who in 1970, could purchase a Ford LTD for 1,400 dollars, a house cost 8000 dollars and the US Army was paying a Private 200 dollars a month. Buyers could fill 4 sacks of groceries for 20 dollars and those boxes were huge, not this short ration stuff now being marketed to scam people.
All of this looks like someone is gouging everything out of Americans, and then they are moving to a war to hide the cooked books.
Do any of you realize that only Jews in Tel Aviv are the only ones making out like bandits? While America loses Texas, Arizona, California and New Mexico, Donald Trump gave Tel Aviv the Golan and now Jared Kushner is giving the Jews the West Bank, as Jews are marketing former Obama ISIS pirate oil out of Syria to Europe.
Obama's Super Depression had 95 million out of work. Trump now has 102 million out of work as John Kelly was pouring in 1.5 million vermin a year legally and that number appears to be spiking in illegals.
Unless people stop going for the propaganda and the pie in the sky fakery and start making an issue of how bad their lives are, Donald Trump and his associates are not going to be leveraged to handing out the crumbs.
People steal from me for the sins of Trumpflation, when I am not the problem. I give voice to their haggard economics and attempt to gain the crumbs which are missing from this table.
Nuff Said
agtG
