Existing home sales drop for ninth straight month in October

that about sizes up things. A leader would look at the layoffs, inflation, energy prices and say to themselves...............maybe I should zig rather than zagging.

But nope, it's party line vs prosperity of the country

 

You’re not aware americans can own oil or stock in oil/energy companies?
What percent of people have to profit off something for you to want to see it’s cost go up?

 

Why is there inflation in other countries that don’t even have democrats?

 

How many of y’all watched 3000 america die every day of Covid and didn’t change how you voted?

 

The drop in gas prices are temporary and the drop in gas causes the price of other goods to go down. They have no long term plan that is viable. They emptied the reserves before the election to achieve this. Now that the election is over, they will be emboldened. They don't really care about high gas prices outside of the election. In fact, high gas prices help encourage people to transition to other things like solar and electric cars. They want to keep the prices up as high as possible without crippling the economy and they are willing to risk walking that line to the teetering edge.

 

no vaccinations and then what happened when vaccinations and plentiful masks???? Lot more deaths under full Democrat control yet the media is silent..............why?

nice try but you should have chosen a different tact.

 

I'm not sure where you've been but the economy is crippled

Personal debt level has increased
retirement account values plummeted
savings plummeted
inflation
home prices cratering
layoffs

try and find a silver lining

 

At levels that are small compared to what's ahead, in my opinion. Maybe inflation will stagnate but only when everything becomes unfordable.

 

I doubt Americans give a damn about the inflation In Turkey.

 

Why would a leader look at a kook blog source called layoffs.fyi? LOL

 

You mean you hope they’re too stupid to know it’s not so easily pinned on one party

 

You are aware that prices, especially for large ticket items like houses, go up and go down.
But long term the trend has always been up.
Very few people buy a home and sell with in a few years.
Remember the housing crash in 2008? Prices fell a lot. We are way past those house prices from then.

 

What part of the economy are you referring to?
And what are the main causes you are concerned about?

 

https://dqydj.com/historical-home-prices/


Let's look at 1 of your chicken little claims, home prices. this is what you call cratering?
What has there been? 2% drop, maybe?

 

But it’s caused by one party. Biden was warned many times about the coming inflation more than a year ago. Instead of looking at the data, CNBC polished turd for this administration and that’s why we are where we are today.

 

Democrats did not cause worldwide inflation

 

Caused - no
Negatively impacted it - yes

 

Huh? How does one "push the inflation" and increase the price of homes?

 

Quote; This economic issue was uncontrollable and not the result of Dems, Right?

Both right and wrong…..

I’m a honest independent, and I know the issues that were unforeseeable and/or uncontrollable, whereas partisan people only see/only want to see the wrong or right.

 

There is no right to cheap gas.

 

Sure they have left leaning politicians whom implore liberal policies.

I'm not saying ALL the inflation is because of Biden, obviously there was a global pandemic that cause the supply issues.

But I won't ignore that both printing dollars and shutting down or hampering key resource production and generation didn't lead to extended or increased inflation.

Policies are not void of repercussions when the outcomes don't go your way.

 

So, what policy printed more $$$?
What resources were shut down in 2021 and 2022?

 

They can. And they do. And it is managed by faceless fund managers who don't have anyone but their own self interest in it. But you know that already. Deflecting to change the subject from affordable energy sure was sudden. One hopes you neck is ok from the whiplash...

 

I think you missed the point. Inflation isn't pushing up the price of homes. Mortgage cost is what is inflating, as in the cost of a typical conforming 30y is up 60%. Not because the prices of the homes went up, but because cost of money went up because of the inflation democrats are whipping.

 

I didn't miss any point, "Dr.". There was no "point".

The price of homes decreases when interest rates are high. The Fed sets the interest rate, not the President and not a political party.

So, where's your "point" in there? Are you trying to establish that you have no idea what you're posting about? Point made.