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The U.S. economy shrank by 3.5 percent in 2020, as the coronavirus pandemic ravaged factories, businesses and households, pushing U.S. economic growth to a low not seen since the United States wound down wartime spending in 1946.
The left didn't shut down the economy.
The left shut down the economy at the direction of their lead scientist, Fauci. You know, the guy who said he is science.
Did you notice that as soon as the democrats no longer had total power, Mr. Science retired?
Guy ought to be on trial by now.
And there is plenty of charge him with. Lying under oath, murder, and animal cruelty.
A lot of this country's problems can be traced right back to the ridiculous open border policy. (Item 1 above). Yet it continues, on and on.
Both major parties at fault and only one guy seems like he wants to do anything about it.
Make that two guys: Old Glory is the other
In our area, prices/demand are holding in the desirable areas.
We've noticed, however, that there are three entities where building remains strong: apartment homes, child care centers, and assisted living facilities.
Apartments to house the influx of illegal aliens and jobless?
Child care centers?
Assisted Living centers?
I highly suspect the government's reimbursements to the above listed is the reason they're proliferating.
Not in Florida, gentrification still going strong.
We’ve given up on trying to get a bathroom renovation done because the remodeling companies don’t want to talk to you unless you’ve got a $50K+ project list and this is not a neighborhood where we’d get the right return on what we want to do when we sell in a couple of years. Instead, it’s get a handyman to do some drywall work and painting and calling it good.
But then the federal government highly distorts the housing market in my part of Florida- the DoD owns 97% of the land south of I-10 where people actually want to live and then gives large housing subsidies to its employees in order to account for the cost of living here. Chatter is that a one striper in the AF now gets a $1800-$2000 monthly housing subsidy if they’re living off base and it only goes up from there. Which, good for them while serving the country and all but it drives up prices for civilian renters pretty significantly as well and it’s hard for civilian businesses to find people who can afford to take jobs at wages offered.
Because of that government distortion, prices here fell a lot less in the 2008 crisis than they did in other parts of the country so we’d actually be in something of a position to take advantage of the next downturn.
Fauci reported into the head of the NIH. The NIH is part of the Department of Health and Human Services (HHS). The HHS reports directly to the President.
You want the highest and most important job there is in the U.S. Government, you have the responsibility for what happens during your term and especially with the agencies that report directly to you. You own the policy, you own the outcome.
The buck stops in one place: the office of the president.
The left shut down the economy at the direction of their lead scientist, Fauci. You know, the guy who said he is science.
Did you notice that as soon as the democrats no longer had total power, Mr. Science retired?
Guy ought to be on trial by now.
And there is plenty of charge him with. Lying under oath, murder, and animal cruelty.
The worldwide economy is coming back, slowly. Did the housing market crash? Doesn't seem that is the case.
I guess we should have just let the virus takes it's course, we could have put more tents up in hospital parking lots and hired more nurses, doctors and refrigerator trucks.
I have news for you, no one wanted to go the moves or a restaurant in 2020.
Besides Fauci only provides guidance, governors control the states, blame them.
Some people love to make dire predictions of impending doom. You can safely say there will be a stock market crash (depending on your definition of crash) because it happens about every 10-20 years.
We have yet to experience the full force of the 2008 housing bubble. The fed bought all those sub-prime mortgages, remember? And when they tried to sell a small amount recently, they had no buyers. At some point they will have to sell those and when they do, the housing market will feel it.
The worldwide economy is coming back, slowly. Did the housing market crash? Doesn't seem that is the case.
I guess we should have just let the virus takes it's course, we could have put more tents up in hospital parking lots and hired more nurses, doctors and refrigerator trucks.
I have news for you, no one wanted to go the moves or a restaurant in 2020.
Besides Fauci only provides guidance, governors control the states, blame them.
You would blame the governors for listening to Fauci?
The governors "believed the science" drooling from Fauci's lips and their residents paid dearly for it. And children paid the most.
The worldwide economy is coming back, slowly. Did the housing market crash? Doesn't seem that is the case.
I guess we should have just let the virus takes it's course, we could have put more tents up in hospital parking lots and hired more nurses, doctors and refrigerator trucks.
I have news for you, no one wanted to go the moves or a restaurant in 2020.
Besides Fauci only provides guidance, governors control the states, blame them.
Guidance my ass. He was the top scientist and he told everyone to lock down.
Do you people live in an alternate reality?
BTW...I got on an airplane in 2020, flew west, and never thought anything of it.
We have yet to experience the full force of the 2008 housing bubble. The fed bought all those sub-prime mortgages, remember? And when they tried to sell a small amount recently, they had no buyers. At some point they will have to sell those and when they do, the housing market will feel it.
They don't have to sell them. Ever. They can let them roll off the H.4.1 when they mature, unpaid, and just alter the line item with a few keystrokes, the exact same way they created the money out of thin air to buy them.
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