Also, year over year wages rose 4.5% last year. This ran ahead inflation in 2023. People and corporate media just love to whine and follow the leads of Bartiromo and Larry Kudlow nonsense.
Also, year over year wages rose 4.5% last year. This ran ahead inflation in 2023. People and corporate media just love to whine and follow the leads of Bartiromo and Larry Kudlow nonsense.
I read somewhere yesterday a person was complaining about the price of McDonalds and how inflation is out of control and of course hi prices at McDonald's is Biden's fault. I explained prices are determined by what people are willing to pay. If I think a restaurant is too expensive, I stop going. If a lot of people do, the restaurant lowers the prices. Same with McDonalds. Same with Teslas, if demand goes down, prices go down.
This is what I am getting; He didn't think the bust of 2008-2009 would amount to anything.He didn't think the Dot.com and hosing bubbles would amount to anything.In short, if one went by his advice they would be in awful shape.
Also, year over year wages rose 4.5% last year. This ran ahead inflation in 2023. People and corporate media just love to whine and follow the leads of Bartiromo and Larry Kudlow nonsense.
I read somewhere yesterday a person was complaining about the price of McDonalds and how inflation is out of control and of course hi prices at McDonald's is Biden's fault. I explained prices are determined by what people are willing to pay. If I think a restaurant is too expensive, I stop going. If a lot of people do, the restaurant lowers the prices. Same with McDonalds. Same with Teslas, if demand goes down, prices go down.
Also, people are complaining a lot because they are paying exorbitant amount for Uber eat and door dash post pandemic. Sigh.
Seriously has anybody been as bad in predicting what the economy will do as Larry Kudlow?
He doesn’t predict the economy. If it is a Republican president then it is the best economy and if a Dem then the worst according to Kudlow.
This is what I am getting; He didn't think the bust of 2008-2009 would amount to anything.He didn't think the Dot.com and hosing bubbles would amount to anything.In short, if one went by his advice they would be in awful shape.
He was just a cheerleader for corporate interests (unless you are a woke corporation).