Kim Perales

"The US #economy🚨is a Jenga tower that's one block being removed away from a 2008 redux. Just feels like lots of folks in the press who obsessed over #recession fears under Biden are whistling past that part graveyard to stay on Dear Leader's good side."
-scarylawyerguy

#Republicans are still capitulating to #Trump. They'll likely distance themselves from him➡️given the pain Americans are experiencing & the crises🚨of shortages & #stagflation coming soon‼️
#Inflation #USPol
https://abcnews.com/US/us-household-debt-ticks-new-high-inflation-continues/story?id=132881937

US household debt ticks up to new all-time high as inflation continues to rise

U.S. household debt, including mortgages, credit cards, auto loans and student loans, reached an all-time high of $18.8 trillion in the first three months of the year.

ABC News
May 12 at 4:09pmWeb
Show threadRory4d ago
@KimPerales I wonder how high inflation has to get, before those that voted for this, start second guessing their choice…?
Show threadMike @ Misaligned Markets4d ago
@rlstone4dems @KimPerales Sadly, they’ll probably be in denial even if prices implode and rationing happens.
Show threadandybrwn4d ago
@KimPerales #TrumpsStagflation fear is real b/c tariff impacts on productivity/GDP and the inflation. Not like Fed can increase interest rates to tackle inflation