Loading ...We shouldn’t have to create inflation in the dollar to keep jobs by lowering the value of the dollar to equal the yuan. It would be counter productive anyway because it would drive cost up to consumers across the board to everything. People are already struggling now.
In fact I believe it’s behind people especially young wanting socialism because they think it’s going to help costs.
The older know it won’t and will make things worse along with destroying any chance of getting ahead and changing things for the better along losing sovereignty and open borders.
However we’re heading that way anyways which has something similar in common, the rich get richer the poor get poorer while the middle class get pushed on the poor side eliminating most of them to just the rich and the poor.
When wages improved with Trump both by lowering tax of payroll and raises in many jobs everything went up with it taking it right back by greedy I don’t have a equal description sobs.
Housing cost rising by the month.
One told me on a few years her rent went from 700 to 1200.
Another told me in just a few years a town house apt she rented before for 1200 went to over 2000. My daughter in law told me that there places in the better part of Oakland that are 4000 a month. Meanwhile a Asian friend told me that her daughter who moved from that better part of Oakland leaving the Bay Area was robbed by gun point by a black male while going to her car to work as a computer person. My friend said it changed her mind about BLM and were coming from the bad part of town to rob people. I’m just glad she wasn’t injured. I worked in a town near a bad part of town and almost got hijacked in a hospital parking lot by a BLM lol I wasn’t gonna take him anywhere and only defense was some keys between my fingers and me. Luckily he was being chased and took off just when I knew we were gonna fight cuz I found out that he had a gun and just robbed a store.
Creating poverty creates even more crime even though there’s crazies and losers who do it anyways.
Yes it’s a demo state eliminating the middle class but heard other states things are going up too. Maybe because of all the people from demo states moving out.
I know a nurse divorced who was living with her mother who just died who lived in a 500,000 house with a house she lived in the back. Besides losing her mother yesterday she will have to move and apparently fast because her mother could no longer live on her income and had to get a reverse mortgage where the payment had already stopped.
People used to inherit in the US and was basically planned from one generation to the next but that is going too. The place she is accustomed to living is no longer affordable.
Inflation should just make all this worse.
As far as houses I don’t know why anyone would be happy. One it might be harder to sell, two taxes go up and unless they leave the state if they sold the next place will be expensive too.
Trump has been working his bottom off getting jobs back and well as medical and medicine cost down while the left is priming riots and trying to impeach. He stayed a bunch of jobs at a energy plant recently that were being forced to train their replacements. Surprisingly except those mostly coming from India replacements were coming from Canada, and Europe. They asked for Trumps help and got it. Would Hilary or Biden or should I say Kamila do that? Even if they weren’t corrupt they wouldn’t have the brain power.
Now just heard he’s bringing back jobs to Puerto Rico in drug manufacturing bringing it back home after corruption taxation drove them out.
A big part of the problem now is the cost of living. Yet the states that make it worse they still vote for them and you can see how it benefits those getting rich off it like corporate housing groups buying property up everywhere driving prices up and democrats outsourcing or insourcing for multi nationals or wanna be multi nationals doing it here.
Even if the dollar was on par with China the tax and regulation system mostly by demos and demand for higher wages because their drowning in debt due to higher cost of living would drive them off.
Plus they would just then look at another country.
Deflation as you know would bring another set of problems. Wasn’t that what was going on when Roosevelt confiscated gold to bring up the dollar during the depression?