Today’s GDP report paints a bleak picture. GDP for the first quarter was revised down to 0.8%. The second quarter of 2016 came out at 1.2%, and will likely be revised lower.
Here is what they also released, but are not talking about:
Corporate profits before and after taxes have also been revised back to the first quarter of 2013. And it is bleak.
Remember that businesses do not go into business just to sell you goods and services. They do so to sell you goods and services to generate profits.
Would you trudge off to work every day to earn less than you did last year? And less than you did two years ago? Or would you make some changes? Continue reading
I could have supported Cruz in the beginning. I am a firm believer in the US Constitution and believe 99% of or social and economic problems disappear by strictly following it.
Cruz had the opportunity to show his true character and the more I heard the more frazzled his belief seemed to me.
I am not fooled. Trump is not the answer to what ails us. But he is the best hope for a connecting road to the right path. Because you have to destroy the power structure that has been in the Republican Party for all these decades that have sold us out left and right.
With a clear and consistent set of principles, the Democrats would fade off into history. They have no principles other than calling everything hate and enabling class warfare.
So I do not expect Trump to the Promised Land.
That is up to you. If you continue to support the Congressmen and Senators you always have, then NOTHING changes.
Vote out Ryan for starters.
Vote against the rest of those that compromised us to where we are today. Even if they do not lose this election they need to be scared as hell that they will lose the next. And for Representatives, that is just 2 years and six months away.
Send a clear message. The frustration does not just rest ay 1600 Pennsylvania Avenue.
It’s the whole damn lot of them.