How gullible can Americans be? Polls say a majority of Americans think the economy is in trouble. It is not! It is booming and because of the infrastructure and chips bills it will just increase. Unemployment is at historical lows of less than 4% with hundreds of thousands of jobs available. Inflation is under 2.5% with the Federal Reserve promising three rate cuts. Remember inflation was started by a lack of supply and transportation shortages.
Some people think prices would go back down if Former President Donald Trump was in office but that isn’t going to happen. In fact, he wants to put high tariffs on products we buy to maintain our standard of living. Climate change and viruses have caused meat prices to go up plus the cost of animal food, labor to process, and transportation. Do not expect meat prices to go down until viruses and climate impact are greatly reduced.
Trump says energy prices will go down if he is elected. He says more wells will be drilled where the Biden Administration won’t lease the land. The truth is companies producing natural gas are closing off wells since the prices have dropped so much. Oversupply from over drilling caused this. We are the largest producer of petroleum and actually export about two million barrels per day that our refineries can’t refine. The government is supporting the cost by buying oil in 70 dollar range to replace oil it sold in the 90 dollar range.
Trump seldom talks about the deficit which skyrocketed during his term. Of course, facts have never been a basic for his gibberish when talking to his duped followers. Those gullible people live in a dream world that didn’t exist and never will.
What is in danger is Democracy and electing someone who thinks he can be like Putin and never leave office again.