Kevin O’Leary: Sorry, but this is just reality
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- เผยแพร่เมื่อ 14 พ.ค. 2024
- 'Shark Tank' investor Kevin O'Leary weighs in on the Fed's upcoming meeting amid higher-than-expected inflation on 'The Evening Edit.' #foxbusiness #theeveningedit
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Concerns about a potential recession and the current hyperinflation have left me uneasy. I'm unsure about my $440K portfolio strategy, considering the uncertainty of a recession and the possibility that interest rates may not rise significantly
I completely understand your concerns. But In this current unstable markets, It is advisable to diversify while retaining 70-80% in secure investments. looking at your budget, you should consider financial advisory.
I agree. This is why having the right plan is invaluable, my $510k portfolio is well-matched for every season of the market and recently hit 100% rise from early last year. I and my CFP are working on a more figures ballpark goal this 2024
I’ve been down a ton, I’m only holding on so I can recoup, I really need help, who is this investment-adviser that guides you
I personally work with ''Kathleen Cheryl Constantz''. she covers areas such as brokerage, financial advisory services, insurance, making sure retirement is well funded, going over tax benefits, ways to have a volatility buffer for investment risk. She is well known so it shouldn't be hard to find her webpage on the net.
Kathleen Cheryl Constantz is the CFP I use. Look up the name on the web.
I'm mostly in cash and waiting for this market to re-level on the reality of our situation. Or are there any ways I can avoid a crunch and maximize my savings of $350k?
from my study, 90% of the time in an election year, the stock market stays positive for quite a long time. 2024 is no exemption, but it is better to be guided, ideally by a well experienced and licensed advisor
Agreed, I just use TH-cam for research purposes, I run all my major investment through an investment adviser, the market is just too unstable to handle things on your own. I have consistently restructure and diversify my portfolio/expenses and I’ve made over $3million in gains in close to a decade of having one
How do I reach out to a financial advisor, my portfolio has been struggling since 2022 and I’ve been holding on by the skin of my teeth.
How do I reach out to a financial advisor, my portfolio has been struggling since 2022 and I’ve been holding on by the skin of my teeth.
*Sharon Lynne Hart* is the licensed advisor I use. Just research the name. You’d find necessary details to work with to set up an appointment
Biggest lesson i learnt in 2023 in the stock market is that nobody knows what is going to happen next, so practice some humility and follow a strategy with a long term edge.
Nobody knows anything; You need to create your own process, manage risk, and stick to the plan, through thick or thin, While also continuously learning from mistakes and improving.
Uncertainty... it took me 5 years to stop trying to predict what bout to happen in market based on charts studying, cause you never know. not having a mentor cost me 5 years of pain I learn to go we’re the market is wanting to go and keep it simple with discipline.
Could you kindly elaborate on the advisor's background and qualifications?
Kristin Amber Landis. She's well established in that area. Look name up
I looked up her name online and found her page. I emailed and made an appointment to talk with her. Thanks for the tip
I just want my money to keep outgrowing the inflation rate. That’s why I'm looking for companies now to put in $80k for a start. Just don't know strategies to employ in buying stocks to invest in
The rules are simple. Chose quality stocks and follow them up. If you're not one for such complexities, hire a wealth manager to grow your money. I use the latter. Pulled in more than $46k in the last two months alone.
I agree with you. This is what I do too. I'm not cut out for financial reports and industry news, so I use a wealth manager. Profits have been very consistent since 2020. i've pulled in roughly $1M in ROI since then
Hey, I've been thinking about switching but have been hesitant. Could you recommend your financial advisor? I'd appreciate some assistance.
*Jennifer Leigh Hickman* She's been able to gain some reputation with over a decade of experience, so it shouldn't be a hassle to find basic information on the web.
*Jennifer Leigh Hickman* You can easily look her up, she has years of financiaI market experience.
The average person has never been so poor. Millions of families are struggling financially as living expenses hit the highest levels in more than four decades. Over 60% of our country lives paycheck to paycheck and about 40% earns poverty wages. Even after working all their lives, more than a quarter of older people have no savings and many believe they will never be able to retire in dignity, while around 55% of elderly people try to survive on an income of less than 25,000 a year.
Biden is worst thing that happened to us
TRUMP 2024
Given the prevailing market conditions and the potential risks associated with the current economy, I would recommend refraining from investing in stocks for now. Instead, it would be prudent to consider retaining a portion of your assets in gold. Alternatively, seeking advice from a financial advisor could provide valuable guidance in this matter.
Fantastic! Can you share more details?
was guided tho..Julia Hope Marble. walked me through the ropes majestically i'ts my ultimate pleasure.
Our economy struggling with uncertainties, housing issues, foreclosures, global fluctuations, and pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth.
With the US dollar losing value to inflation and other currencies gaining traction, uncertainty looms. Yet, many still trust in the Dollar's perceived safety. Worried about my $420,000 retirement savings losing value, I seek alternative security for my money.
With my demanding job, I lack time for investment analysis. For seven years, a fiduciary has managed my portfolio, adapting to market conditions, enabling successful navigation and informed decisions. Consider a similar approach.
this is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation
Monica Shawn Marti is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.
I appreciate it. After searching her name online and reviewing her credentials, I'm quite impressed. I've contacted her as I could use all the help I can get. A call has been scheduled.
Don't raise taxes.
Cut spending.
Sounds great. We can start to reduce social security and medicare, global policing, and corporate welfare.
@@AmeriGlobal says the 2 month ytube account. No way vlad, you and your 1% er's red party won't be cutting my SS and Medicare that I paid into for over 40 years.
FYI...all those in your cult barely squeak by on SS and Medicare. Too bad their votes can be bought by the rich guys, that then want to cut them out and really force them into vans down by the river.
These moron's tell us SS will go broke! Close the 750 Military Bases around World first & STOP all foreign aid!
@@AmeriGlobalno cuts for the people but cut governments wasteless spending reduce the size of government that will fix the problem
@@markbarsh3107”reduce the size of government”, what do you think Medicare and social security is? It’s the largest expenditure the government has, if you want to cut your bills, you start with the largest bill
Third of all, Google, Apple and other technology companies must be brought to justice for censorship.
WHOM... will do that?.. the entire 'system' is bought and paid for.
They need to be subjected to anti-trust laws.
Microsoft is building 65 new data centers to store our information in Virginia… 🕵️♂️👀
By the same administration that told them to do it, and who to censor? Good luck with that.
@@doreanabland1296think of all the jobs at the offshore server factories!
I agree 100% Kevin. Interest rates not going down. Biden admin no clue on good economics.
kevin spitting facts
We’re screwed. The young generation, ‘Poor Things.’ If I didn’t buy my first house at age 20 in 1996, I’d be in big trouble today. This economy makes it almost impossible for everyone. I’ve been eating rice and beans pretty much my entire life. I guess I can continue to eat more rice and beans. Whatcha gonna do? A whole lot of nothing! 😂😮🎉❤🎉❤🎉❤
They are not 'dumb'.. they know full well what they are doing, they are getting stinky rich driving us into the poor house.
@@mustangracer5124 Hi there, I never thought of it that way. Yes, you are correct. I hope you have a blessed day @mustangracer5124. Bye for now.
The Biden administration is not in charge of interest rates
The upcoming meeting is making investors shiver, especially in the stock market, no one knows for sure what' it will mean for inflation. Honestly, this concerns me and has left me uneasy. Especially this potential depression, no more a recession. I'm unsure about my $130K account strategy, considering the uncertainty of this whole recession mostly.
If you're not well-versed in market investment strategies, it's wise to seek guidance from a financial advisor.
Agreed! this is why I work with one. My $520k portfolio is well-matched for every market season yielding 85% rise from early last year to date. I and my advsor are working on more figures for this year. IMO, financial advisors are the most sought-after professionals after doctors.
I could really use the expertise of this advsors.
MICHELE KATHERINE SINGH is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
Thanks for sharing. I curiously searched for her full name and her website popped up after scrolling a bit. I looked through her credentials and did my due diligence before contacting her. Once again many thanks
This Democratic administration needs to Walk a very short Plank in very deep water.
Well worded cause if you say anything more neg the #%*@$ at youtube will put you in time out. They are a bunch of Democratic #%#^ that work there!! I'll probably get put back into timeout for using #%#$@ to describe them. FJB
Filled with sharks
LOCK HIM UP 😅 LITTLE MUSHROOM
FJB
With higher prices for everything we are also paying higher taxes sounds like the reason for the Revolutionary War since the democrats are not a reflection of most American citizens they are for themselves their Party and the billionaires that support their nonsense, we are heading the way Greece went,the EU bailed them out as we bailed them and the rest of the world out who is going to bail America out...
The only American who won't acknowledge this Administration's failed economic policies is Joe Biden. "Shrink-flation' is the least of our worries compared to rising rents and stagnant wages, but it is an undeniable indicator of how bad our inflation has gotten. I have $100k that i like to invest in a non-retirement account, any advice on that?
I would avoid index funds, mutual funds, and specific stocks for the time being. Right now, the best option is a fixed income of five percent. Put money aside for the times when the market really starts to bounce back.
Investing is not necessarily a rollercoaster if you know your way around the market, there are various opportunities in the present market to accrue good profit, If you are not too savvy with the market, just buy and hold on strong companies with good earnings, or consult with advisors on ETFs and actively managed funds.
I'm intrigued by this. I've searched for financial advisors online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation?
I appreciate this. After curiously searching her name online and reviewing her credentials, I'm quite impressed. I've contacted her as I could use all the help I can get. A call has been scheduled.
Recently a credit union near us advertised a 6% CD for 12 months.
Let’s make federal income tax illegal and let’s make that permanent
Without fedefral income tax, how do we give welfare and subsidies to bilionnaires and trillion-dollar companies?
@@juewang8588 No one gets any including you bottom rung welfare consumers.
@@juewang8588 The same way we fund foreign countries, borrow it from China. Jokes aside, if we stopped taxing the hell out of everyone we wouldn't need to give welfare to big businesses.
WE NEED money for services. I would gladly pay a 10% of my income and believe me if that was spent wisely , it would go much further that all the money we pay now.
@juewang8588
Him a trailer park capitalist
Congress just approved a $95bn foreign aid package to Ukraine, Israel, and Taiwan. That money has to come from somewhere. Don't expect tax cuts any time soon.
That’s how we become communist faster.
The US has been in a recession for a while and we're on our way to a full blown economic collapse. This country has $35 trillion in national debt, there's no way to fix this.
joe you are not that smart are? we are not in a recession. 35 trillion in debt yes 7 trillion added by your dictator wanna be traitor trumps tax cut for the rich. a recession is defined as "a significant decline in economic activity spread across the market, lasting more than a few months, normally visible in real GDP, real income, employment, industrial production, and wholesale-retail sales. Real gross domestic product (GDP) increased at an annual rate of 1.6 percent in the first quarter of 2024, according to the “advance” estimate. In the fourth quarter of 2023, real GDP increased 3.4 percent. So just further evidence of your utter stupidity
👍 very true
That 20 year fling with iraq and afghanistan started by the red party only cost us $3.3 TRILLION, but at least some got rich.
Exactly correct ! Kevin's take on the economy Is smoke and mirrors at best !
As the US has the reserve currency and the USD hasn’t been attached to Gold for decades - the US can print money and not generate the inflation that other countries suffer from as they print money. The amount of QE the US has done if any other country did it - you would need a barrow of cash to buy a coffee
Wonder how people would feel if they were mandatory taught economics in school?
If they taught people economics at school there would be bank runs the next day. Or following week.
But that is less time to know that the mirochondria is the powerhouse of the cell.
Should be taught in school.
but that would cut into the crucial time of teaching how to find the slope of parabolas
Factor in food and fuel. The two things people buy everyday and inflation is closer to 25%
NEWSFLASH: Inflation is caused by COMPANIES RAISING PRICES. Government has nothing to do with it. If it tried to do so you people would be screaming SOCIALISM!
There's already a metric for that. It's called headline inflation
Every single restaurant I go to, my bill is now 100% more than 2022 for the same menu items.
@@kylewatson5133 Shop at a Supermarket that has a rewards/BOGO program, cook and eat at home. We do all the time and have managed to CUT our monthly food bills. At restaurants a LARGE part of the Bill is the staff costs. Be your own "staff". :)
@@kylewatson5133 Eat at home.
Printing TRILLIONS of dollars making our money worth less and less and then raising taxes !
ENSLAVEMENT through INFLATION and TAXATION !
Vote Trump ! This administration is disgusting
Trump is not the answer but a major part of problem we are in. The only thing that save this country is a mandatory balanced budget. Tax cuts with no spending reductions is why we are where we are.
Trump needs to balance the budget or even run a surplus
Please vote for the guy with 81 years of experience behind him and not the guy with 91 felony counts in front of him.
@@TrumpIsGoingToPrisonNo thanks
both are nono
Will people stop saying Biden. Biden doesn’t know how to feed himself, it isn’t Biden.
Sorry but his horrible policies, high taxes, extreme deficit spending, insane illegal immigration & wars are indeed causing serious problems.
Obama....and his retreads
@@dieterhauer8619. What he/she means is that Biden isn’t calling the shots. He’s too mentally incompetent. Someone behind the curtain, probably Obama, is actually doing this.
The clown could stop it in a heartbeat though.
@@mustangracer5124 stop what - he thinks he’s in a bus stop eating ice cream
When the government is overspending $500 billion a month, how can anyone expect lower rates or inflation?
We’re so screwed, most just don’t realize it yet
I agree,too many in this country have no idea of what's coming.May God have Mercy on us.
Should Americans be paying taxes just for the government to hand that money to Criminal invaders?
Corporations moving off shore? Isn't that what Obama wants?
Obama sold America to China.
Why raise taxes ever? Tax restricts growth.
Yes but the gov't uses it to buy votes.
Trump's Tax Cuts jacked the National Debt UP by 20%.
@@TrumpIsGoingToPrison No. Runaway government spending increases the national debt. Your comment makes no sense.
@TrumpIsGoingToPrison That's not true and ignores covid to make a false narrative.
From the heritage foundation.....
"But the numbers tell a different story. Despite the political rhetoric, tax revenues are up.
Adjusting the forecasts to actual 2022 dollars, prior to the tax cuts the government projected $40.7 trillion of income tax, corporate tax, and payroll tax revenues between 2018 and 2027. The latest budget forecasts project $41.3 trillion of revenues for that period. Instead of reducing revenues by $1.5 trillion, the latest forecasts suggest tax revenues will come in $570 billion higher than expected.
What about the corporate tax cuts? Surely cutting the corporate tax rate from 35% to 21% must have dramatically reduced corporate tax revenue?
Not according to the government budget numbers.
The government now expects to bring in $3.8 trillion in corporate tax revenues between 2018 and 2027, almost identical to the $3.9 trillion forecasted prior to the tax cuts. Moreover, since taxes don’t exist in a vacuum-and the corporate tax reform propelled higher income growth and therefore higher income taxes and payroll taxes-the corporate tax reform likely paid for itself."
@@inboxnews Yeah...terrible. Highest EMPLOYMENT RATE in 60 years. Inflation at 3.3%. The U.S. has been the LARGEST PRODUCER of Oil in the world for almost TWO YEARS. Trump' Tax Cuts RAISED the National Debt by 20%
FJB
Fdonthecon
jb is trying to F us over...stop the tax and spend
@@wa210 the real actual con is joe biden telling us the economy is great while taxing and spending like a wild man (don is not the con joe biden is the con)
Trump 2024, drill baby drill. My neighbors who are democrats are no longer going to borrow my ladder or my garden hose or my lawn mower...I'm over this mess that the current administration has caused.I thought at 65 years old and retired I could finally start to relax and not have to worry about my economic future.
You really don't have a clue do you? The USA is still one of the top energy producers in the world. Big oil is holding down going hog wild with drilling, and far cheaper to drill in places like Guyana and ship it back to US than drill here. Plus we are saving our oil supplies, and using up other countries oil.
As for lacking the funds to retire, your fault, not any Presidents fault including don the CON.
@@wa210shut up clown
The U.S. has been the LARGEST PRODUCER of Oil in the world for almost TWO YEARS.
@@wa210the oil you are referring to is not as high a quality. In fact it takes more energy to refine it to our standards. Most of our supply has been lessened due to this regime!!
We’re already drilling idiot.
Second of all, Government lies must stop. Our economy is currently in horrible shape. Millions of retail jobs have disappeared.
Wake up. Problem is the USA became a retail economy years ago, because red party politicians allowed corporate Anerica to ship our manufacturing jobs overseas.
Break up Amazon
@@mikenadeau4576Why?
Yeah...terrible. Highest EMPLOYMENT RATE in 60 years. Inflation at 3.3%. The U.S. has been the LARGEST PRODUCER of Oil in the world for almost TWO YEARS.
@@TrumpIsGoingToPrison Only brainwashed people believe propaganda. Keep spreading disinformation.
Interest rates are more likely to go up vs down at this point.
Exactly 😂 why did anyone think differently?
What has the federal government done for the American People lately? NOTHING..
I don’t care what the American government does for Americans, we need to keep giving money to Israel.
@@pete5691 How much of that 35 trillion is Israel going to repay?
What are you talking about??? Who brought hundred of 999,999,999 illegal lethal gang members from South America to run your cities. Who canceled police protection and criminalized gun ownership??? Who imported Muslims in never before seen numbers knowing what will happen by example of Europe. And you say your president has done nothing for you. How dare you????
Mr Wonderful tells it like it is. More pain in store for the middle class.
America needs a balanced budget and to amortize the national debt.
If anything they should raise rates 3 more times this year.
We're not in the middle when it comes to tax rates.
We are too high now!
The FED only cuts rate when inflation drops to 2%, OR something BREAKS
Or a Great Depression.
The man knows what he's talking about. We need him in our government influencing policy. Much respect.
No thanks
No we don’t
We should make federal income tax illegal
How do you pay for Infrastructure, the Military, etc.?
@@TrumpIsGoingToPrison Prior to the 16th amendment to the constitution in 1913 there was no income tax. the US federal government funded itself primarily through excise taxes, tariffs and various customs duties. Public land sales also acted as a source of funding.
@@kaspar_1982 And then we had a World War to be financed.
@@TrumpIsGoingToPrison This is like, well if my uncle didn't come in and touch me at night then how would I ever get laid? Absolute brain washed response to taxation.
Or at least reduce it, and cut spending and proclaim that US are not responsible for Ukraine, Europe, Israel and Taiwan. In this way America could become #1 again in
Just what we need is higher taxes on top of the 20% inflation of food, rent, housing, etc.
Rates should be higher
You can send more money in , no problem. 😂
@@kenp247talking about interest rates dummy. 🤡
Never apologize for pointing out reality.
Only the media and people drinking the kool aid ever thought there would be rate cuts…
Can you imagine Kevin as VP? 2 successful business men to make America great again! 🇺🇸🇺🇸🇺🇸
More taxes is better for an election? How???
Tax the rich rhetoric.
Usually before an election, they talk of ways to put money into the voters pocket, not take it out. Each to their own and political suicide.
It’s easier for when the communist take over.
0% tax bracket for $0-$25,000 .... not that difficult to help out those who could use it most with extra $1250 of money they earned.
LOOK UP THE TAX TABLE FOOL
We are in a Depression. Get your houses in order!
Yeah...terrible. Highest EMPLOYMENT RATE in 60 years. Inflation at 3.3%. The U.S. has been the LARGEST PRODUCER of Oil in the world for almost TWO YEARS.
No one can afford a house to get in order.
@@kylewatson5133 -This statement means get your priorities right..
Thanks Sir O'Leary, you made me realize how important is a smile.
It's extremely troubling that half of this country doesn't seem to know what life in a dictatorship would be like. Even more terrifying to think that they do and still want it.
Shut up Watch Boy !
We Haven’t forgotten about FTX .
Mr Wonderful is the only man on MSM who talks financial sense.
Since when is "raising taxes" good rhetoric when going into an election? WTF
there's a hell of a lot more taxes than just the income tax. many hidden taxes built into the products and services.
Always Well Said. What are growth numbers? Our Orders are down 75 percent.
some basic management and finance classes for these folks. clean up the waste, and debt.
Speaking of privilege
The NY judge has given Trump the day off to go to Barron's graduation.
Barron is appealing the decision
Kevin is right and the small businesses of 500 people need to be protected. Their profits and price gouging need to continue for people like him so they can keep bleeding their customers dry while making millions personally.
So it's the small business doing the "gouging" while the corporations aren't? Have you been smoking crack? Of course you have
So why doesn't the Administration have this information ??
I'm surrounded by idiots.
Kevin is smart, he should run for president someday. We need business people in office like Trump or O'Leary, not career politicians.
Lol...the two clowns you mention haven't a clue how to run businesses.
He’s Canadian,can’t run!
Your guy literly did nothing in office never built the wall never put HRC in Jail spent more time on vacation then any other Presisdent but WOOOOOOOOO he did some stuff right?.... No more like he just makes you feel good but you have no idea about what your talking about or anything he did.
@@deerhunter7482Obama did and he was born in Kenya
Trump's Tax Cuts jacked the National Debt UP by 20%.
WERE GETTIN BENT OVER WITH PINEAPPLE JUICE.
Do away with the Federal reserve
And out of control spending
Maga trump 2024
Fdonthecon and so called mr. Wonderful.
@@wa210 and you.
Mr. O'Leary brings a very pragmatic and objective viewpoint to the show. He is correct in that we're about to face some very serious consequences for the missteps of these past few years.
I'm favoured, $60k every week! I can now give back to the locals in my community and also support God's work and the church. God bless America.
Hello how do you make such weekly??I'm a born Christian and sometimes I feel so down 🤦 of myself because of low finance but I still believe in God.
Thanks to my co-worker(Alex) who suggested mrs Elizabeth Ann Graney
She's a licenced broker in the States 🇺🇸
Wow! Kind of in shock you mentioned expert, elizabeth ann graney.What a coincidence!!!😲
Elizabeth Ann has really set the standard for others to follow, we love her here in the UK as she has been really helpful and changed lots of life's
Why is this guy on tv still after scamming people promoting SBFs coin scam
Sam fried the real criminal Mr wonderful got played
He is a human after all
Why are people still going silly for digital currencies anyway...
Gov IS the scam.
We've missed a recession? OMG WRONG!
Yeah...terrible. Highest EMPLOYMENT RATE in 60 years. Inflation at 3.3%. The U.S. has been the LARGEST PRODUCER of Oil in the world for almost TWO YEARS.
We are not in a recession based on the historical definition of it. If you want to change what indicators we use to measure the economy, then we can be in whatever you want.
Truth through light 💡
Is FTX still paying O'Leary millions for his 'opinion'?
How about bitcoin ETF sellers?
This guy has no credibility left after his sellout on FTX. Find someone who can't be bought!
🎯🎯🎯🎯🎯
Yes it's a bit insane how sociopaths can just shrug off destroying other people. Any normal person would retire in shame but not O'Leary.
MISSED A RECESSION KEVIN????….WE ARE IN A SILENT DEPRESSION….WAKE UP
Cry harder, because the stock market says we are not
Yeah...terrible. Highest EMPLOYMENT RATE in 60 years. Inflation at 3.3%. The U.S. has been the LARGEST PRODUCER of Oil in the world for almost TWO YEARS.
If you learn a little bit about economics, you would learn that we are not in either.
The reason small business got nothing - they are not union targets.
We need to get a real president back in the white house to get inflation under control
Inflation is caused by COMPANIES RAISING PRICES.
Here's a noble idea everybody quit playing their freaking taxes that might get their attention
35 trillion and counting 😂
That's not funny man
Kevin tells the truth
Inflation has averaged 2.4% annually since 1995 so what cost $20 back then costs $38.41 in 2022 so what is really needed is 2% deflation for 5-6 consecutive years and not a Fed target rate of 2% inflation. N'est pas vrai ?
The similarities between American and Canadian fiscal policy is uncanny. Something’s up here. They’re destroying the way of life we worked so hard for.
Tax cut for the rich or the poor. Choose your meal during the election.
Inflation is a tax.
The same old liberal BS. OMG, please wake up.
Tax cuts across the board. At current rates of taxation and spending higher taxes just make the economy worse. They don't actually pay for anything. The only fix is reduced spending and lower taxes.
The forgotten year
In 2023, Republicans kept asking, “Are you better off now, than you were four years ago.” You know, back in 2019.
Now, in 2024, the renowned Republican economist, Larry Kudlow, is asking, “Are you better off now than you were five years ago.” Again, that would be 2019. Well, what happened to 2020?
Trump was President in 2020. So why do Republicans keep avoiding mentioning that year? Several reasons: It was the year of the Pandemic. And it was the year 8,000,000 people lost their jobs in the US. It was also the year that the seeds of inflation were planted.
So, I ask you, were you better off in 2020 than you are now? The Republicans certainly don’t think so.
Correct we don’t think you are worse off now then you were during a black swan event largely outside of our control
the only thing that made the pandemic so bad was Democrat states' and cities" reaction to it, shutting down small and medium business while letting big business continue to operate. Hope you got your Trump vaccine.
@@mfine6726 just a friendly reminder for those that don't know. China is where the virus originated. China is the #2 world economy looking to upend America. China does have global domination ambitions.
Not at all suprising why republicans don't point to 2020. We're still recovering from 2008 and years of 'leading from behind' when a pandemic came from out of nowhere. It wasn't a regional thing like Ebola largely was, this was global.
@@mfine6726 Who is "we" and "our"? Also, what is the "black swan event" you are referring to?
@ davidbross, You got Trump Derangement Syndrome
Thank you Kevin... Thank goodness for higher for longer...
I remember a certain GOP president who said "Read my lips, no new taxes". He ran for re-election. What happened to him?
Horrible admin
Yeah tRump's admin was disastrous.
@@wa210🤡🤡🤡
@@wa210 maybe you will like his second one better.
Yeah...terrible. Highest EMPLOYMENT RATE in 60 years. Inflation at 3.3%. The U.S. has been the LARGEST PRODUCER of Oil in the world for almost TWO YEARS.
@@paulmoss7940 That crook will be destroyed in Nov. Plus jail awaits the conald.
Trump please hurry
To Prison
Question for Trump and the right If, TRUMP does have immunity Then how can he go after Biden? We don't know We have not thought that far out
Kevin ftx scammer
🤣 well he was scammed, but that is not any better.
TRUMP 2024 !!! 💪💪
lol
Kevin O’Leary is the Best!
"When you ain't got nothing, you got nothing to lose"
-Bob Dylan
It's beyond me why people think cutting the interest rates is a good idea .it's just prolongs the agony. Houses, cars need to drop big time.
The government is dysfunctional and you want a bigger dysfunctional government? Less government the better
They still live in different world it's called price gouging to everybody else
The mandate should be 0% inflation. I'm really tired of that hidden tax. They inflate asset prices and then expect us to pay a capital gains tax on the asset that has already been taxed by inflation. In other words, my gold has already been taxed. It would not have gone up if there was no inflation, but there was inflation. My gold just makes me even with where I was before inflation. Now they want to call their inflation a capital gain, when in fact, there is no gain at all. They really think we are stupid AF.
"They really think we are stupid" sadly, a large number of people are stupid.
Feds raised rate just like they did in the Great Depression era only time find out it was wrong choice
Then sound out lowering rate was the only way to get economy back on track and their doing it again
Say hello to the new Great Depression era
Respect to mister wonderful🫡
Until the Fed raises rates this is just going to drag on forever
This is a problem when you give billions to other countries
We have the highest tax rate in the world. Because a single dollar is taxed over 11 times. Unlike most countries just having a 30% tax. Our tax is actually about 88.2% in the end.
the stupidity of the spending by the gov is incredible. Stop the waste and woke crap and start in the direction of balancing the budget
You know what im sending to the IRS this year? 🖕
Fed looking unemployment to go up, remember FED's second mandate is MAXIMUM employment which is NOT LOW unemployment
LOWEST UNEMPLOYMENT in over 60 years right now.
@@TrumpIsGoingToPrison exactly thats the issue...
After many years of tax cuts, average people become poorer and poorer. Billionnairs become richer and richer. National debt goes higher and higher. Should we reverse the course?
Where are they going to be working with more closed business than growing!