The Real USA Economy | It's Not As Glamorous As You Might Think

With election season just starting to heat up we are getting a glimpse already into what that battle is going to look like. Unfortunately for most people news headlines and stats numbers is all they will look at even though they are spun truths. In this article I'm going to go over what the last 3 years have looked like from just before shutdowns to the shut downs and then where we currently find ourselves today.

This longer viewed data is going to give you a real eye opening wakeup as to how the state of the world is and how the state of the USA economy currently is.

Are we just hanging on by a thread or are things really looking up and up as they would lead us to believe in the headlines?

A big push at the moment is what’s called Bidenomics but let me preference all of this first into being I care more about stats then I do about who’s in office for president. That’s because over the grand vision of all of this what a single president does in 4 years (but really 2 years is all the action they really take) it doesn’t overall affect the economy much if at all and the economy will just do what its always done.

What matters more are the changes the house votes in and those people having jobs for 30+ years that’s where the real change happens overall.

Sentiment

At the moment sentiment about the economy is crazy low. With just 34% of the USA population saying the handling of the economy is going well under the current administration and only 20% feel it’s currently on the right track.

Inflation

This is understandable when you start looking at the recent last few years. It takes the economy roughly 6 months to 1-2 years max to react to changes made by the Fed and other areas. It’s a slow sluggish machine of which many people don’t realize. Remember that final kick back from the government that was a huge paycheck for many and many agreed it wasn’t needed?
Well you felt that in the form of massive inflation. Sure inflation would have still been up but it’s very possible if that last check wasn’t sent inflation would have been lower around the 7% range at the peak instead of 9%.

We are now seeing massive inflation and while all this talk of CPI numbers is down we are seeing people struggle or cut back on everyday products now such as toothpaste, paper towels, toilet paper etc. You know those pretty much normal necessities of modern day life are now being looked at by people to buy cheaper options.

The report we got back that the government wants you to look at came in at 3% however if you take a deeper look and look into the core inflation came in at 4.8% now sure that doesn’t sound high but let me remind you the max this targeted number should get ot is 2% which means it’s still 2.5x higher than what it should be.

Think of it this way, most work paycheck to paycheck or at least get a biweekly or monthly paycheck. Take whatever you make from that paycheck and remove $4.50 PER HOUR from it and that’s your real inflation impact. Making $18 a hour? Well inflation just ate that away to $13.50 a hour. When you start looking at it this way you start to get a picture of why people are struggling now and it’s not over.

Here's the other part no one really seems to understand. Those prices rose and guess what they are NEVER coming back down. Inflation is that thing that comes and never goes away (unless you get negative inflation but that is extremely area and has only happened twice. Once in 2009 which was a massive blow considered the great recession I remember living through that and then 2015 when it was pretty well flat.)

Inflation kicks in raising the prices of everything by double digits in many cases. It then remains at these high levels even though we are showing lower inflation but it's still climbing and it's still climbing at a rate the destroys any interest earned at a bank and a vast majority of stock investments.

Since Biden has taken office prices are up a little over 16% and consumer goods 17%. That goes for your gas, housing etc and a good way to see that is in the car industry. At the moment there are almost NO new cards that can be bought under $30,000. Yep that's right there are almost no cards you can buy brand new that are under $30,000 even those bear bone basic cars.

The Rates

Personal savings are down to all time lows and with record high fed rates it's now harder than ever to get a loan and if you do you're going to be paying for it for many many years to come.

The fed as also issued they would be increasing rates by the end of this year about 50 points. What this looks like is a very bleak outlook for many come the end of this year into election year. It's going to be wild I think some of the BS you see the government throw at you to try and keep their vote only to realize you are going to be paying for it heavily in the coming years.

I really feel more people need to start understanding these things and looking into them. To understand that your government is no longer for the people but instead for the party and to get your vote. To get your vote they will do things that will damage and destroy your earnings, health and wealth.

When the fed started to jack up rates it was 16 months ago and it takes the economy 12 - 18 months to feel the effects of that. That means we are only right now starting to feel the pressure of a crushing and fast acting Fed interest rate and we have at least another year + of feeling it.

What this does is crushes small businesses while large businesses in the S&P 500 wouldn't really feel it as much as their capital and generated cash flows are so massive that they can weather such storms. However a company with 100 employees might be forced to layoff, shut it's doors for good or have to take drastic measures.

This drives away small business and instead drives more and more power into large corporations once again. Exactly what we don't want to be happening but exactly what corps want because honestly at some point here soon maybe in my lifetime we will see less and less government action and more and more corporates actions on running the world. The only way to combat that is if mass people make changes and start holding the current government accountable for their actions. To request LESS oversight from government and return the tax money and power back to the people.

The above is why I feel crypto is going to be a massive powerhouse over the next 5 years as people lose faith in their government crypto becomes a stronger store of value worldwide.

The Real Jobs Number

I legit hate the news and I don't watch it or read it. It's become a divided front where each news agency has taken sides and fabricates and twists the truth just to get viewer numbers. Its come to the point where real news no longer matters so if you want to do yourself a favor and you're watching and sucking up news STOP and save yourself the dumbness and start thinking and learning yourself.

Numbers are currently flooding in saying things like 497,000 jobs added in the last quarter. Sure this all sounds great but once again I highly encourage you to do some research and the below graph is going to speak wonders about the real state of the jobs market and economy.

The current number is being shown at 13.2 million jobs have been created under Biden and while yes this is true let's take a look at this beautiful graph.

90% of the jobs created during this time are post-pandemic return to work.

If we look at this chart there are two things I want to highlight. The first being in Nov 2020 there were 142 million employed. Moving to today we see that number is now 156 million employed.

If you backtrack however to right before the pandemic there were 152 million employed meaning that from Feb 2020 to today only 4 million jobs have been added.

This actully puts us well below normal growth that we have been seeing since 2010 as I've show here on the chart. Instead of 13 million they keep throwing around it's really sub 4 million which is lower than what it should be showing once again the economy growth and stability are being increasingly artificially propped up and will eventually implode of which many are now talking about happening by 2025 to 2030.

Median Income

We often hear about median income and how that affects your area, what you can afford etc. Well guess what there's a chart for that as well which shows real data and not the BS party officials keep throwing in peoples faces. Once again STOP watching this garbage and start to learn the truth for yourself.

If we take a look at the chart above we can see that median income is down when taking inflation into account. That means people have far less buying power than they once did.

Open Boarders

The USA is supposed to be a closed boarder system however legit millions of illegals are coming across right now and setting up shop in America. They have no background checks, no real details are known of them and the backlog for when they finally get reviewed is something like 7 years. While this massive issue is taking place we are also seeing a HUGE uptick in violence, the cartel and drugs in particular fentanyl that are starting to create havoc and destroy America.

You have to at some point ask yourself what's the threshold the united states can manage? Because right now with current policies it's turning into a mess of which can never be repaired. I would encourage you to watch this Youtube video it will seriously wake you up regardless of political party you want to say your with and realize that shiz just doesn't matter and there's a real issue at hand here.

That was a lot to take in I know. But if you know where to find the real data instead of listening to fake truths you'll be in a much better place and have the ability to start making others critical think. Overall it honestly doesn't matter what party is in power at the time. Overall they have little to no affect in the overall economy. We need to remember that the power is in it's people and not the few at the top which is what's been shaping. Higher taxes, forgiveness to get your vote while screwing over a older generation, illegal immigration, high inflation of which we all have to pay for and seeing that the shift in power yet again is being taken away from every day people and put into the hands of mega corporations while the government plays with you as a puppet. If that doesn't make you upset and to take action that I don't know what will.

Posted Using LeoFinance Alpha