By established economic measures, we are officially in a recession, with the 1st quarter GDP down 1.6%, and the 2nd quarter down 1%. Two negative quarters in a row is a recession. That combined with an escalating inflation and an anemic Fed response indicates we haven't seen the worst yet. This could be worse than the Carter stagflation.

Chuckie Schumer was trying hard to convince us that the economy is in magnificent shape with an overlong, boring speech that ended by essentially telling us peasants we're too stupid to recognize the wonderfulness of our President. I have to wonder if any of the administration talking heads believe a word of what they're spouting themselves.

We have been at war since day one of this admin. The real war is against fossil fuels but we are the only ones having our wealth transferred to the Global Liberal World Order. This is all just phony baloney BS and all designed to destroy the United States of America.

It is way past time to outlaw the passage of legislation and budgets after an election and before new politicians are sworn in. The "transition period" is WAY too long, as Trump learned to his dismay.

This is one of the reasons I would make fundamental funding changes to our government.

#1. No deficit spending. Period. The budget is set at the amount of actual tax/tariff revenue brought in the second year prior to the budgeted year and all Congress can do is allocate where that spending goes. (Priority of course in order #1 debt service, #2 rainy day/emergency fund, #3 national defense.) This directly ties government funding to the economy.
#2. Congressional offices and personnel are paid for by the States they respectively serve. And annual audits of all expenditures must be filed with their respective State oversight committees and preferably with open access by their constituents.
#3. No more Federally-owned or controlled land outside of Washington, D.C. All military bases must be leased from the individual States in which they reside. Ownership of all other Federal lands - including parks, monuments, forests, etc. - reverts back to the States in which they are physically located unless so designated by Constitutional Amendment. Parks such as Yellowstone which cross State boundaries are to be governed by binding compacts between the involved States to be adjudicated/arbitrated by the US Supreme Court.

"Abaco" commented earlier that we may be "at war" with Russia by year end.
Realistically, would a Republican "take over" of Congress later this year keep that from happening?
Rereading Rand's "Capitalism". Can we trust the "conservatives" to pull back on the reigns of the war machine? They are participants of our "mixed economy" also.

$5Au buys gold (surprise!) and black gold.

When you control the global agenda, its money supply (banking), and the narrative, the events are panning out just like Klaus and his minions want them. The Babylon Bee had a satire article on this one "today"

"I did that!
-- Dementia Joe

Reports are that Russia is transitioning to a wartime footing. Calling up reserves. Readying conscription. Prioritizing military manufacturing. Joe wants a war. Because nothing masks economic problems like war.
I predict that we will be in a full on kinetic war with Russia by 2025.