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More economic woes befall American workers

September 23, 2022 by Robert Jordan

Fox News host Sean Hannity said that approximately 2/3 of America live paycheck to paycheck. President Joseph Biden has signed almost 200 bills, most of them resulting in the shutdown of millions of jobs, which exacerbates the problem. Now the the Dow Jones, NASDAQ, and S&P 500 are way down, with the DOW finishing well below 30,000 and still dropping.

The Federal Reserve today announced another 3/4 point interest hike but they should have raised the interest rate hike 7 full points, not 3/4 of a point to stop this inflation. Let me explain to the normal person reading my site. With this 3/4 of a point hike the cost to borrow money just got higher but a 30 year loan may now cost approximately 800 dollars more a month on your mortgage if you borrowed 500k and you put down 20% on a new home. Just ask a mortgage lender on about this fact on Monday.

As a personal note, I plan on submitting a new form to register to run for President of the United States, effective once the Federal Election Commission approves my submission. I will release more information once that occurs. I appreciate your support!

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