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I looked as census borough and others but no question that more people are living day-to-day, month-to-month, household expenses exceed income. i don t think it is a calamity yet. labor markets are still okay. i m not sure how long that will last because there is a lot of bad indicators out there that are pointing to a down economy. so this is just another sign. this living expenses exceed income and that s another cautionary tale. you have consumer spending but a lot of time government put the money in their pocket and running low is what the stories are telling us. that s bill: the fed is meeting this week. i don t know if you favor a quarter bump. some are arguing for half a point. what would you do? ....
Pink slips. for all the work to help joe biden s and the last go around big tech is in seeing big dividends, they re getting creamed more layoffs. and huge loss of stock value. look at these declines. naturally because of the crates spawned by democrats supported lockdowns commercial real estate is in crisis. so unless something changes for the city s gonna do? well, it s anyone s guess. then, there s big media. the corporate press that rallied to shield joe biden from scrutiny in 2020 into the midterms wow, that means bad news. a down economy means advertising cuts which means job cuts. she jumped by nearly 20% for media and 2022. evening for government workers who are perhaps the staunchest biden supporters out there at the feature not looking bright. ....
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You don t raise taxes in a down economy. i now, i know it s a lot of discussion can about whether it s a recession, but we ve had two negative quarters. in that s a slowdown. you just don t raise taxes in a slowdown, do you? you don t raise taxes, you certainly don t implement what is called a tax inflation reduction bill which effectively is going to, as your previous guest mentioned, do exactly the opposite. the u.s. economy is at a crossroads, and the important thing here is inflation and the consumer. the consumer is hurting, the consumer is facing double-digit inflation rates on food and gas. so, certainly, what you don t want to do is increase taxes, decrease incentives for investing and throw the economy into further into with contraction. david: and, steve, we know what works and what doesn t because we have history to guide us. i mean, we have two presidents who came into a recession and ....
It s really important we implement the existing mandates. the best tool we have is vaccination and for those who are fully vaccinated to get boosted and take their protection level to the highest level yet. laura: senator lee, vaccine mandates have forced thousands of americans out of their jobs in a down economy, so how is this a success and is it a success? why in places like michigan where they have pushed these vaccines on their people, have had some of the biggest upticks in infections and hospitalizations? not only have they seen upticks but you also see in many instances a lot of the same people who might otherwise be persuadable to get the vaccine at some point are now more reluctant to get them and ever. why? because the government says you have to get it. if the government has so little confidence in their ability to make clear that people ought to get this that they have to force ....