imawhosure
Platinum Member
- Apr 25, 2015
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Federal interest rate increases will cause inflation, the car industry already has layoffs scheduled, retail stocks are taking a beating due to flat sales. Face it, Obama has set the stage for a bad economy.
Well we are going to find out how rigged the oligarch's have this economy. Continuing lower interest rates only makes the eventual nuclear bomb that much more catastrophic. Progressives done understand how this works. Sooner or later, massive inflation MUST come and they most definitely will be tied to FED interest rate hikes........even small ones.
Anybody can stop paying their mortgage at any time and these days, be just fine for 5....7 or more years. But eventually, the sheriff is coming to throw your ass out!!![]()
Boomers.
There will be even more retiring...
Unbeknown to us, I think that this is probably why congress critters have allowed all the immigrants in, both legal and illegal.....to help fill this gap of workers they could see coming....
The Trump presidency is guaranteed to increase this number to more than 100 million before he leaves office.
These leftists are lying through their pearly whites, attempting to make excuses for the Obowelmovement participation rate.
Look at what the Government says; that is correct, the leftist government, proving that these leftists have no idea what they are talking about, and are just creating a phony talking point!
https://www.census.gov/prod/2013pubs/acsbr11-09.pdf
My 66 year old neighbor is going to start looking for a job on January 21st. True story.
I believe it, and that is very sad indeed. Although, he may be doing it because after he can collect benefits from S.S. at full retirement age, he pays no penalty no matter how much he makes.
In either case.......I wish him the best. Just think, if he gets a job, maybe we should ask the leftists on here that if he can do it, why can't some of them, lol!