There is 1.5% more jobs today than in 2019. Yet gas is 50% more, can you explain? Maybe it’s because there is more money in everyone’s pockets, even the college students in debt, that are spending more because the Biden administration and the Democrats have indicated that they don’t have to pay back their loans and don’t have to make monthly payments.
45MM people owe roughly $220 each month. That’s $9.9B/month of stimulus that has happened over the last 2+ years.
when people have more money, the spend more and tend to work less…adds to the demand side of the curve and takes away from the supply side of the curve.
but have no fear, retirees are coming out of retirement because of the Biden inflation to help on the supply side of the curve.
Those retired Republicans (because everyone over 60 is a Republican right? 🤦♂️) to the rescue and help pay for the college debt that Biden is about to forgive.
Rising costs caused by inflation, the pandemic and other factors are forcing retirees to head to back to work.
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