Loading ...Less discretionary income. Retail sales and tax receipts (adjusted for inflation) have been dropping for decades. Stores and malls have too many vacancies. Rents are too high. Less sales, less inventory, high retail rents, but CHEAPER industrial rents are now warehousing retail inventory. By the way, $1 out of ever $4 is on line spending. DON’T believe the crap that EVERYBODY is buying on line for the excuse of the empty stores. Its the under paid over worked working people taking them down. If this trend continues, even Amazon (a warehouse) will decline.
Because tax payer wages are too low, (adjusted for inflation) to cover or over ride or pay for the consumer & producer costs of unproductive costly environmental regulation related parts and labor job costs, then tax absorber profits on gov’t vendor contracts, and vendor employees, and gov’t employees themselves, town county state etc are too high, FORCING these communist bozo bankers to create money and Bond debt out of thin air and give it away.
FORCING them to keep rates way too low to keep their bubbles inflated.
FORCING them to over look people that stop paying mortgages for 6 years plus. I personally 4 of them. Encouraged to refinance paid off homes. And the lenders have to pay the insurance and property taxes and eat losses far bigger than the loan itself. They loan out $400k and end up losing $800k on the loan or commie gift?
Imo the working man today is “Rocky Balboa” and he finally had the right guy to vote for, Trump, and he exposed their propaganda press, media and voting system and other anti American rigs are getting exposed.
After what’s been going on, I’m beginning to think ALL the elections were rigged, because they always resulted in 8 year turns each one. Remember when Gore almost got in? A third democrat turn? Not allowed.
It could not be a coincidence every 8 years each gets a turn. Lets face it. It was a UNI-PARTY, nothing ever changed. They are all in the same “club”. We’ve seen photos of Bushs and Clintons all lovey dovey, and others.
Note: Fake unneeded artificially created expensive fake jobs (to over ride loss of manufacturing taxpayer jobs) have obviously turned out counter productive because they were too abundant.
This $26 $28? Trillian national debt I’m sure is causing some Fed Res stress.