Bidenomics: 18 Months of Down-Signals

The "Inflation Reduction" act produces 16-25% inflation in only 2.5 years.  A chunk of that inflation is due to Biden's decision to halt oil exploration in the US and to shut down the pipeline.

The "deficit reduction" is........whoops!!.........a deficit increase.

Those events made interest rates jump; a prime 30 year mortgage is now around 7.5%.

So when this sort of report emerges, no one can be surprised.

The leading economic index sank again in September, the 18th consecutive month of declines for the gauge thought to predict future economic conditions.

The Conference Board said its index of leading indicators fell 0.7 percent in the month. The index is made up of ten components that are thought to indicate the future direction of the economy....

No wonder Trump is at 60% nationally.

The Motive for Stabbing Jordan

Interesting rumor here.

...14 Republican HOLDOUTS including Steve Scalise attempting to stop JIM JORDAN purportedly implicated in FTX AND VOTER MULE donations.. Steve Scalise (R-LA), who is opposing Jim Jordan's bid for House Speaker, received financial contributions from Sam Bankman-Fried's illegal FTX campaign finance operation. Thirteen of the 22 RINO holdouts also received donations from the same source. ...

Surprised?

There was no way in Hell they were going to allow an investigation of SBF's donations to go too far.

But at the same time.......the Fed and the NY Banks (read:  Dimon & Co.) are the ones who brought down Sam Bankman-Fried/FTX.  And they're not done yet.

Not Satire.. It's Krugman, the Moron

 Krugman actually put this out to the public.  It was not meant to be satire.  It was meant to praise Biden.  And it's correct!!  

But most Americans prefer to live in a house, feed their children, and drive places.