Richard Deshong
It must be exhausting being so angry all the time. I can understand why some people who choose to only look for bad news and ignore any good news can become so jaded. But when those same people choose to either make up their own facts, or blatantly report false news feed to them by their favorite news sources without the least bit of effort to fact check them, I call b/s.
So, let’s look at what some people are calling bad news:
In the three and a third years since January 20, 2021, Dow Jones has risen 61%, Nasdaq has risen 78% and the S&P 500 has risen 90%, all attaining historic highs. Many analysts are predicting if, and when, the FED begins lowering the prime rate later this year, it just maybe the best four year rise in history. Under Trump the market posted its third largest gains, behind both Clinton’s and Obama’s records.
There have been 27 months of unemployment below 4%, a record. Since January 20, 2021, over 15,000,000 jobs have been created, the most ever in a single presidential term. This followed the first presidential term of office to end with fewer jobs than it began since the Hoover administration. And 780,000 of the new jobs are in manufacturing, the second largest gain since the end of WWII.
According to a report just released by the Congressional Budget Office, an organization both parties quote and deem unbiased, even with inflation, due to the rise in the average income rate, the purchasing power of those in the bottom 20% of the population has risen by 2% and for those in the top 20% it has risen by 6.3%.
After the post Covid-19 record high world-wide inflation rates, the US currently has the second lowest rate of all G-7 countries and the eight lowest rate in the world.
And, as reported here before, violent crime in America has dropped every year since the end of 2020. For those who only wish to believe the FBI, here’s the link to their statistical site:
CDE (cjis.gov)
And before you chime in about immigration, we all agree there is still a lot to be done in that arena. But just think how much progress could be made if both sides choose to set aside their petty differences and decide compromise isn’t a dirty word. Who knows, when the Republican party stops eating their own and finally neuters the Freedom Caucus, maybe saner minds will prevail, and something can finally be accomplished.
In the meantime, those of you who own a second home in another country may want to relocate until after the next election. It may save you from having a coronary.
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