Who could have predicted that printing literal billions of unchecked dollars would have disastrous effects on the economy?
In a cynical sense, I almost feel like it was Trump’s (Team’s) idea to give out so much money through PPP knowing that the it would take years for the damage to really set in. Surely by 2020, no one on that admin with a brain actually expected a second consecutive term but maybe they could cause enough unstoppable destruction that the Republican (who historically poll “better” for economic issues) nominee for 2024 could cinch a few points from cornerstone communities campaigning on the financial hardships that were caused though Trump’s 2019-2021 administration.
Lol, it wasn’t a tactic politically. It was just corruption and grafting and grifting. They want their side to win but they don’t sacrifice anything personally to make it happen, so that thought wouldn’t enter their mind. Its a happy side effect.
This headline is misleading Af
The number of homes for sale remains roughly 25% below pre-pandemic levels, according to Redfin.
People not wanting to sell is not anything like a collapse of a market. It is the opposite. It shows the true utility of the good is below the price.
Sales are way down as well as a percentage of home that are for sale on the market.
