Tag Archives: CBO forecast

Finally, good news is being reported…

Well…during the Biden administration, if you asked any man on the street if the economy was good or bad, they almost always called it bad no matter what was really going on…and a large part of it was the news media not doing their jobs in reporting the good news…but, I think that has started to change a bit with many articles about the almost nonexistent inflation that the fed has engineered…in October, there was no inflation at all and in November it was only .1 of a percent and the CBO forecast is for inflation to be right on the 2% target for the next five years and the fed has 3 interest rate decreases scheduled for 2024…and this all adds up to the vaunted “soft landing” that the fed has been working for…do you remember all the doom and gloom that we were heading for a deep recession when Biden took over? When you put competent people and not cronies in charge, it is not surprising that good things happen…but if you listen to fox news, they are still rooting for that recession saying the economy is terrible when it’s not…I guess liars gotta lie…geez…