Everything Is Proceeding As I Have Foreseen

I wish I were wrong, but I’m not.

I understand the frustration of the actual warriors feel because of the incompetence of the the generals and admirals who are supposed to be leading them. I turned down a promotion to major and left the Army Reserve rather than continue to serve under Carter’s Pentagon crowd.

I foresee that Carter’s second term was much too optimistic an expectation for the Xiden Administration. Let’s pray that we can still avoid the likes of Buchanan’s second term.

Harbingers of Stagflation

The recent employment report was expected to show around a million new jobs. Only around a quarter of a million were created. The Consumer Price Index for April rose 4.2 %, even greater than the expected 3.6 % inflation.

And in other news, the Xiden administration wants to dump multiple trillions of deficit spending into the economy.

Carter’s second term is beginning to look like the best case scenario.

I wonder how badly the values of my 401k and IRA will be hit.