Politics It's the economy, stupid! Gas, healthcare, & chickens!

Immigration is boosting the U.S. economy and has been ‘really underestimated,’ says JPMorgan research head

 

I agree the immigration has been really underestimated.

 

True. Even illegal immigration is estimated to be a $1 trillion annual benefit to the US economy.

 

My eyes are no longer sharpe, but the red flags in this report are too huge to miss. My nose still works well, and this report smells like rotten 3 day old sun dried fish smoothered in fresh skunk juice.

There is nothing in this report that supports any of the claims made.

Plus, so much info is misrepresented in the report above. The very short version is. No one is saying immigration is bad. It is how Biden is doing it that is bad. And this includes JP Morgans CEO Jamie Dimon..

https://www.newsweek.com/jpmorgan-ceo-calls-out-super-liberal-friends-over-border-1861625

 

I didn't say or imply anything about Biden. I simply posted a more recent statement made by the company you referenced based on newer information about immigration.

 

Yes. We are all seeing the benefits in our personal lives each an every day.

 

Yes, by having a $1 Trillion better economy than if there were no illegal immigration.

We'd have a shrinking population and a much weaker economy without them.

Getting them on the path to citizenship would add around $1.7 trillion more...

 

Inflation is getting out of control. So many examples of sticker shock.

Needed a gallon of windshield wash fluid. Not long ago, on sale for 99 cents, reg $2 tops. Today $6.39.

Do not know who in the Fed govt tracks inflation rates. But they are full of shit.

3.4% yearly inflation rate. Bull shit. 3.4% monthly inflation rate is closer to real life price hikes.

 

Prices have kinda come back down on most things. But as sales. Eggs were like $17 for 5 dozen a few months ago. Now back down to the $12 range. Tillamook cheese was $13 per 2lb block and now perpetually "on sale" for like $7.

So you're right. But they are Definitely conditioning us. The old sale prices will never be back.

 

As deglobalization happens it will continue.

 

I am not well versed on grocery prices. But will take your word for it.

However, this begs the question.

If grocery prices have dropped. Why are restaurant prices still about double two years ago?

 

minimum wages have increased in many places.

 

Restaurants are just stupid expensive. It's not even worth it at all anymore.

I really hesitate to say grocery prices have dropped... Because they have just put the items on sale seemingly to get us acclimated to paying the higher sale prices.

Just something I thought I'd bring up.

 

That! and reduced volume in packaging.

 

Good point.

 

Thanks,

I always use wash good to -20. But this last winter, we had a couple days of -39. The wash frooze, and cracked the wash container. Replacing the container is todays project. But first, i'll need another bucket of coffee to motivate me.

PS, I hate shopping at walmart. Last time we shopped there, we had $250 worth of products. They refused to bag them. Fuck walmart, they lost our business forever.