Getting it Right - Welcome

The goal of this blog is to publish my thoughts on a variety of economic and political topics in the hopes that people who find them educational or beneficial will utilize them and/or forward to others who might find them interesting and/or worthwhile to promote to others, possibly including politicians who can push some of these ideas to fruition. The topics in my blog are meant to be of value on a long term basis, not a daily diary or political issue of the day log. If the information posted is useful to you, by all means utilize it and/or forward it as you see fit. If not useful, then merely ignore it. There are no universally agreed upon truisms and too little tolerance between some of those with opposing viewpoints to successfully convince the people with hardened opinions to move away from them. I am an analytical type person who will try to be as factual as I am able.

I disdain the current popularity of name calling and condemnation of viewpoints with no factual alternatives or logical solutions given that I see so often. If you don't have a solution based on fact and logic, then opt out of the discussion because you have nothing to contribute. My background is a degree in Economics from the University of Michigan and 39 years working in middle management jobs for a major retailer. My opinions are forged on the personal experence of life, family, friends, and work as well as triumphs and mistakes that I have made and hopefully learned from. My hope is that this blog helps you.

My first topic will be about personal finance. I chose that one first because most of us work long and hard just to survive but not all of us realize our dreams of becoming financially independent from the labors of our work. Much of our political votes/thinking also focus on the economy and in particular how well we are personally doing financially.

It is relatively simple, without sacrificing the enjoyment of living for 'today' and even at moderate incomes, to retire as a millionaire or multi-millionaire, if you focus on that goal consistently from a young age. It is also simple to ensure that your child or grandchild retires rich. It merely requires a one time gift of just $2,000 invested wisely and the passage of time. Please read my first post on this blog to learn more.


An index/schedule of past and future posts and their dates will always be updated so that it becomes the first post that you see below. If the date of a post that you wish to read is preceded by the word "Posted", then find it below or click on the title in the Blog archive to review.

Blog Archive

Friday, April 28, 2023

Joe Biden's Job Performance After 27 months as President

 Just the Facts - No Opinions: 

1. High Inflation under Biden - hurt everybody. 

2. Illegal immigration - record highs - keeps welfare costs high; keeps low paying jobs low as supply exceeds demand, tells people who immigrated here legally which took several years, that they must be stupid, high drug smuggling resulting in record American deaths, human smuggling amounting to slavery. 

3. Record debt and record spending that will eventually destroy our economy that is no longer related to Covid, but to Socialism - the most failed economic system in human history. 

4. Record crime waves in mostly Democratic cities. 

5. Much higher interest rates due to high inflation caused mostly by excessive government spending making it harder for people to buy houses. 

6. Forgiveness of college loans making us who paid for our own and/or our children's college expenses also pay for the college expenses of strangers. Easy to get college loans is the reason that college expenses have risen 4 times faster than inflation for decades and also the reason why financially naive 18 year olds make stupid decisions to attend expensive colleges instead of more affordable cheaper colleges without regard to how hard it will be to pay off those college loans when they either graduate or drop out of college (about half drop out of college before graduating). not to mention adding almost 2 trillion dollars to government debt. 

7. Dangerous decrease in domestic military supplies shipped to Ukraine without any effort to quickly replace them. 

8. Huge increase in the price of gasoline and energy costs since Trump was President caused by Biden's war on fossil fuels from day one of his Presidency that won't materially impact climate change because the real problem lies with China and India, especially their unfiltered thousands of coal plants, and they are doing nothing about it. In fact they are still building new ones. Note that American coal plants, of which there are a lot fewer, filter out 90% of their pollution from the atmosphere. So the draconian climate change rules Biden is adopting will kill our economy without impacting world climate change materially. 

9. Favorable trading status to China by Biden expands their dominance in Chinese imports while not doing anything to increase our exports. Plus little progress in getting vulnerable exposure and need for Chinese imports for medicines, solar and wind power, rare earth for tech products, etc..

10. Biden's refusal for months to negotiate on the debt ceiling with Republicans which could result in the first ever default on our debt which likely will destroy our economy and hurt all of us significantly. Every other Administration in the past have negotiated a settlement on the debt ceiling as it came up.

No comments: