Category Archives: Inflation

2025…Count Your Blessings

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I hear from time to time about the so-called lack of progress by the Trump administration.  The power brokers are trying to paint PDJT as just another sleazeball DC politician.  They are hoping to sow enough doubt among the citizenry so that they can return to power in November elections.  One must be reminded that the major media outlets are all in on this scam.

Let’s look at a few of the accomplishments of this administration less than a year in.

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EU…More Control Coming

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The European Union is imposing a flat fee of 3 euros on small packages sent within the bloc, a measure that will come into force in July.  This will directly affect millions of consumers and small businesses. This is Brussels taking yet another step in its efforts at increasing control over trade and the daily lives of its citizens.

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Obamacare

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Obamacare and health care premiums are going to be front and center again very soon.  Obamacare which was supposed to lower premiums instead has seen skyrocketing costs particularly for those forced into the government plan for ACA.  This was all part of the plan by the Democrats to make people more dependent on the government.

As can be seen in the above graph, employer premiums have risen much faster than inflation.  However, those increases pale in comparison to the premiums for Obamacare government healthcare exchanges. ... 

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Winning

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Secretary of State, Marco Rubio, delivers a passionate series of remarks in support of President Trump’s foreign policy.  I am really beginning to like this guy.

Outlining the impact of federal policy under President Trump from the perspective of what is in America’s best interest, Rubio notes how foreign policy meshes with domestic policy and is specifically the combination of national security interests that secures prosperity for all American people.

“For the first time in four decades American foreign policy is based on what is in our interests,” Rubio notes.

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Upheaval

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Back in 2008 Barack Obama ran on a platform to “fundamentally transform” America.  Of course, most people did not realize that Obama wanted to transform America from a country of freedom and liberty into one that would be managed by government elites from the top down.  Marxism, socialism and communism were the trademarks of the Obama regime.  The idea of individual freedoms was at the bottom of Obama’s list.

Today, 17 years later, we are seeing the most dramatic shift in the perceptions of our government and the government of other countries in hundreds of years.

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Odds & Ends

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Gas prices to rise.

April 8 (Reuters) – Mexico’s state energy company, Pemex, is planning to cut at least 330,000 barrels per day (bpd) of crude exports in May, leaving customers in the United States, Europe and Asia with a third less supply from Mexico.

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Odds & Ends

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Bidenomics also known as Obamanomics, at work.  Homebuyers need to earn 80% more than in 2020 to afford a house in this market. It’s not just due to high mortgage rates. Factors beyond high mortgage rates are affecting housing affordability for many Americans, according to experts.

Almost four years ago, a household earning $59,000 annually could afford a new mortgage without spending more than 30% of their monthly income and with a 10% down payment, according to a recent report by Zillow Group. That is no longer the case today.

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$34 Trillion In Debt    

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America is on a path to fiscal ruin.  America owes almost $34 trillion in debt. We have record tax revenues but we have a government that believes it can spend money we do not have.  The annual interest to service the debt is approaching $1 trillion.  It will only get worse from here.

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