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    Are You Enjoying Communism Yet? Biden Economy Shows 3rd Largest Manufacturing Drop In History In January

    January 18, 2022
    4 Comments

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    In the third biggest month over month drop of U.S. manufacturing readings in history, behind only data from the start of the pandemic and the shut down of the U.S. economy, Bidenomics strike again.

    Financial markets are down big on the news.

    This was also the second biggest miss in history, reported Zero Hedge.

    Price inflation remains strong.

    The only thing Democrats can do now is spend more money to try and juice the economy even more in the face of stagflation. It is a losing proposition.

    As Margaret Thatcher used to famously say -- "Eventually you run out of someone else's money..."

    The U.S. is almost $30 trillion in debt with real total liabilities much higher than that.

    Are you enjoying communism yet?


    NY Empire State Manufacturing Index (Jan) printed at -0.7 vs 25.7 consensus estimate.

    NAHB Housing Market Index (Jan) printed at 83 vs 84 estimate.

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    The mission at Creative Destruction Media is to be the catalyst for the "process of industrial mutation that incessantly revolutionizes the economic structure from within, incessantly destroying the old one, incessantly creating a new one."
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    Joe R.

    We have the Communist Control Act of 1954 as still good law on the books. It should come with the death penalty because Communism does.

    NOTE too: There is no corresponding "Capitalist Control Act" or "Conservative Control Act", and you know why??????

    BECAUSE WE'RE NOT GODDAMMNED COMMUNISTS ! ! ! !

    That our representatives are not enforcing these laws means that they can #NaCL with both hands and a snow shovel, they are worthless and their authority is nil and they can all pack their shizzay and go home, quickly quietly and of their own volition.

    Brent

    Well said, Joe. Communism in the 20th century was responsible for millions of deaths by murder and intentional starvation. We rightly condemn Hitler for the Nazi system’s deaths, yet many among us are ignorant of the deaths that were from Stalin, Mao, and other assorted totalitarian regimes who governed in their mold. How anyone can screech endlessly “Never Forget” about Nazi deaths but ignore the far larger number of deaths due to communism is beyond me.

    John Chapter 8

    Why would I want to leave the hordes of criminal jungle monsters pouring across the borders a thriving economy? If America isn't for white Christians, then good riddance to it.

    Shannon

    If there are any here reading who know the Lord Jesus Christ- please go unto the people to proclaim His Gospel unto salvation...
    From the book of Romans: 10:9 That if thou shalt confess with thy mouth the Lord Jesus, and shalt believe in thine heart that God hath raised him from the dead, thou shalt be saved. 10:10For with the heart man believeth unto righteousness; and with the mouth confession is made unto salvation. 10:11For the scripture saith, Whosoever believeth on him shall not be ashamed.

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