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Started By
Message
re: The average 30-year fixed mortgage rate jumps to 7.50%
Posted on 4/16/24 at 1:45 pm to stout
Posted on 4/16/24 at 1:45 pm to stout
It's going higher. Think Carter and Reagan eras ...
Feel for the cats born into this shitshow... but the genx /gen z/ miillineals who continue to vote for these policies ... not so much
Feel for the cats born into this shitshow... but the genx /gen z/ miillineals who continue to vote for these policies ... not so much
7
Posted on 4/16/24 at 2:54 pm to AmishSamurai
quote:
It's going higher. Think Carter and Reagan eras .
I can't dispute that circa '82 was when Reagan was in office, but it's a bit misleading to place Reagan in the same sentence with Carter vis-a-vis High mortgage rates. Carter's was self inflicted, Reagan and Volcker was by necessity having to clean up the Redneck's mess.
Posted on 4/16/24 at 3:00 pm to AmishSamurai
quote:
Feel for the cats born into this shitshow... but the genx /gen z/ miillineals who continue to vote for these policies ... not so much
We lived in a used mobile home for the first two years, then a plain jane house for the next two, then started building. No one does that anymore.
Posted on 4/16/24 at 3:04 pm to AmishSamurai
quote:
It's going higher. Think Carter and Reagan eras ...
If we were calculating CPI the same way we were in 1980, the inflation we saw last year would have topped the inflation from back then. With that, we're still likely closer to 5% than 2%
Posted on 4/16/24 at 3:21 pm to AmishSamurai
quote:
but the genx /gen z/ miillineals who continue to vote for these policies ... not so much
Who exactly voted for PPP loans and wild government spending during Covid? Who was president during Covid? This isn’t one person’s fault or one party’s fault. This is a result of 40 years of shitty policy from BOTH parties.
Posted on 4/16/24 at 5:15 pm to AmishSamurai
quote:
It's going higher. Think Carter and Reagan eras ... Feel for the cats born into this shitshow... but the genx /gen z/ miillineals who continue to vote for these policies ... not so much
These young Wokesters under 25-30 are gonna shite the bed if the US gets into a war and the government calls for a military draft.....they wanted this shite and they'll likely get to serve the country, but hey, they got some student loan forgiveness so it's all good.
Posted on 4/17/24 at 9:57 am to AmishSamurai
quote:
but the genx /gen z/ miillineals who continue to vote for these policies
I blame the boomers in congress who are actually creating the policies
Posted on 4/18/24 at 6:35 am to AmishSamurai
quote:
but the genx
Screw you...don't blame me.
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