While inflation was still around five percent, the most important sectors of the US economy were in recession, economist Dr Jack Rasmus said, belying the Biden administration’s claims that the country was thriving.
🗣 "That number in retail sales really punctures a hole in that whole argument," Rasmus stressed. "The economy and retail sales is about one fourth of all consumer spending. And consumer spending is like two-thirds of the economy."
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British man attacked for entering a ‘no-go zone’ in London.
A horde of Islamists surrounded him and questioned why he was in ‘their’ neighborhood.
They threatened him and began chanting ‘Allahu Akbar’ as they kicked him out.
A 65-year-old couple retiring in 2025 with average earnings will receive an estimated $1.34 million in lifetime benefits, while contributing only $720,000 in today’s dollars.
That shortfall—more than $600,000 per couple—is being made up by younger workers.
“Most of the growth in spending has gone to retirement and healthcare, while programs that promote upward mobility... have been left behind”
https://www.newsweek.com/social-security-medicare-young-workers-cost-10477619