Monday, October 24, 2022

The Ross Rant, Joel Ross

10/21/22:  The US economy was doing very well when Trump left office. We were energy independent, the stock market was still high, home prices were high, inflation was 1.4%, and consumers had a lot of money, and credit card use was very low. The Federal deficit was too high, but not completely out of control and unsustainable. We were still in Afghanistan holding off the terrorists and Taliban in most of the country, and the Iranians were struggling under serious sanctions. Russia was not threatening Ukraine and China was not obviously threatening Taiwan. Kim was quiescent. The US was still way ahead of the rest of the world in reducing carbon emissions and switching to gas and alternatives. In short, things in the world were OK as the pandemic was getting under control. Then Joe arrived with his band of social radicals and climate change crazies pulling the strings of the puppet. The decline of the US, and now the world, in under two years is a perfect example of how left-wing policies, and ESG, can destroy the world economy and peace in no time. How anyone can embarrass themselves and vote for Dems this election is beyond me. What is it they do not understand. The R’s will control the senate by 2-4 seats, and more governors. The wave is building again. The September inflation report was a killer for Dems. Bezos, Dimon, Bloomberg, Zandi, Interactive Brokers, and Summers all now say, the economy goes down more from here. Mortgage demand at 25 years low. The worst is yet to come. Get under the desk.

No comments: