Health & Fitness
An improving economy is what we say it its!
The economy is improving because we say it is! Don't let little things like unemployment, inflation, and rising interest rates ruin the narrative. We said the economy is improving so it is improving!
- Unemployment: Last week the Federal Unemployment report was released and the headline was the number of jobs created [woopie]. Again no context in the Progressive / Collectivist dominated mainstream media. The U-6 rate jumped from 13.8 percent in May to 14.3 percent in June — a 3.6 percent increase. Yes more jobs were created but with less hours [nothing to do with the imminent implementation of Obama Care - oops imminent plus a year, can't disrupt the 2014 elections]. So it's a great economy if you are looking for part time work or multiple part-time non-benefited jobs.
- Inflation: There is no inflation. Let me say it again THERE IS NO INFLATION. QE I, II, III, Operation Twist I & II, the FED purchasing $61% of all US Federal Debt in 2012 [not China, the Gulf States, or Japan - the FED who just "printed" the money needed to make the purchases] and in 2013 in addition to its continued purchases of federal debt [but at an increased rate], the FED is purchasing an additional $85 billion a month in "mortgage" backed securities. All of the aforementioned actions have NOTHING TO DO WITH INFLATION! NOTHING AT ALL. So if prices are going up it is a sign that the economy is recovering. After all last week a Kaiser Roll at the Stop and Shop in Unionville CT cost $0.69 and today it only costs $0.79 what's a 15% increase in cost - you got it in one - AN IMPROVING ECONOMY!
- Rising Interest Rate: Last week, interest rates for a 30-year, fixed-rate loan rose to about 4.75 percent — up more than a full percentage point from mid-May. In percentage terms that is over a 27% increase in about 30 days! THERE IS NO INFLATION - IT'S AN IMPROVING ECONOMY!
- Federal Discretionary Spending: Consider what is going to happen to the federal budget especially to discretionary spending if interest rates on new federal debt increases? It would decline, well that would not be "Socially Just" so can you say Increase Federal [and probably state] Taxes?
- Velocity of the M2 Money Stock (M2V): And don't forget, we are having this improving economy with virtually no Velocity! M2V is 1.53, the lowest rate in history [since 1959 when the FED first started tracking the measure]. For those of you schooled in Union dominated public schools, allow me to translate. Money is not changing hands, people, banks, companies are sitting on their cash!
- Money Supply: It only took a 50% increase in the TMS2 over the past 39 months to achieve this IMPROVING ECONOMY and to plant the seeds for the final destruction of the current monetary system and the dollar's place as the world's reserve currency [and them will we see an improving economy]. Not that it is ever going to happen but consider what would ocur if the FED began to contract the money supply?
So what if your Kaiser roll went up 15%, your dog license still only costs $8.00. But what I found interesting is that according to the kind ladies at the town, the town gets to keep only $1.00 of the $8.00 [and pay for the tags]. The other $7.00 goes to the state as yet another stealth tax. See, it is an improving economy if you can afford to own a dog, check out Athenes, Greece where packs of dogs roam wild after being abandoned by owners who can't afford to care for them, NOW THAT'S AN IMPROVING ECONOMY.
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