Some changes in America's economy

[Travel memoir21]

What is happening? The rise of inflation I assume.

 

[CornbreadFed]

The US economy was showing signs of decline pre-Covid. Covid just paused and then accelerated the problem.

 

[BaronOfHair]

What is happening? The rise of inflation I assume.

Chili's, Red Lobster, and the like never really served "food" in the way any reasonably intelligent person defines that term. The chickens are now finally coming home to roost

 

[BackInTheGame78]

What is happening? The rise of inflation I assume.

Why would a trucker who is an owner/operator bother having a home when they are constantly on the road?

Just an added expense that they get very little value from and have to spend money to maintain.

Not sure what exactly that has to do with the economy weakening.

Also, there are things called economic cycles that most people seem oblivious too.

People act as if these are "bad" things. No, they aren't, because they act as a reset button for the economy so it can move up again.

These idiots have talked about how we are 'on the brink of recession" for like 5 years now and still hasn't happened. When it inevitably does, they will be the first ones jumping up and down about how they called it.

They fail to understand that saying there will be a recession doesn't mean sh!t in the grand scheme of things. It would be like saying at some point today it will be 5 O'clock twice and then saying how they called it when it hit 5 O'clock.

Well no sh!t, every day there is a time when it's 5 O'clock twice. It's all about timing and how accurate you are with that. Saying there is going to be a recession with no time table is meaningless since of course you will be right at some point. It's the very nature of the economy...there will be ups and downs. Saying there will be a time when it's a down point and then acting like you are Merlin the Magician is idiotic since any kid who took basic economics in grade school could tell you that.

The skill in all of it is being accurate with the timing, which most of these bozos are not and are basically just talking out of their ass.

 

[HaleyBaron]

Destroy this. Get results.

 

[EyeBRollin]

The US economy was showing signs of decline pre-Covid. Covid just paused and then accelerated the problem.

How can the economy be on the decline if the airports, trains, and freeways are full and they are building new apartments and plazas on every fvcking corner?

 

[BaronOfHair]

How can the economy be on the decline if the airports, trains, and freeways are full and they are building new apartments and plazas on every fvcking corner?

And in The US, economic highs and woes are always more pronounced or negligible, depending on what region we're referring to

Ex. The 1970s were dark days for New York City financially, but if one drove out to Appleton, life remained relatively unchanged

 

[EyeBRollin]

And in The US, economic highs and woes are always more pronounced or negligible, depending on what region we're referring to

The economy right now is good.

Need to build more houses though.