dajo9 said:
Eastern Oregon Bear said:
My wages are going up 1% next year, but inflation is at least triple that amount. I suspect that wage increases are dwarfed by inflation for most non billionaires.
Have you tried being rich? Our income is up 25% since 2020 and our assets are up even more. Trump economic policy is built around making rich people more rich so you should give that a try. During Biden's Covid recovery, people at the lower end were doing better than people at the top end, but the American people don't want that. They want to help rich people.
Trump has certainly helped wealthy folks such as myself (the Estate Tax comes to mind) while he has screwed his base that VOTED for him and essentially priced their healthcare out of reach.. Can't wait for his new Fed Chair to lower short-term rates and send an 8 oz bag of chips to $8.00 a bag.
Gold and Silver prices are already front-running what is about to happen next.
Can't imagine where the yield on the 10-year Treasury and mortgage rates wind up.
Buying the 2-year and shorting the 10-year against it might wind-up being the best pair-trade in history.
The average MAGA Joe in middle America is going to get CRUSHED.
Just ask the farmer's that voted for him.
Welcome to Dumberica, where people repeatedly vote against themselves!
"Cults don't end well. They really don't."