May 15, 2021

STUMBLING ALONG: U.S. Consumer Confidence Crashes ‘Unexpectedly.’

Ok, let’s see a show of hands — who actually finds this perfectly obvious news to be “unexpected”?

No one here? Good.

So just how biased and corrupt is even the financial media now?

It’s this biased and corrupt.

Consumer sentiment in the U.S. has unexpectedly decreased in the month of May, according to preliminary data released by the University of Michigan on Friday.

The report showed the consumer sentiment index dropped to 82.8 in May from 88.3 in April. The decrease surprised economists, who had expected the index to rise to 90.4.

It didn’t take an economist to predict that keeping several large states’ economies closed, the federal government printing money faster than a counterfeiter rolling down the autobahn in a Lamborghini, and Biden deliberately strangling domestic energy producers in the name of his Green New Deal scheme, would bring about inflation.

I’m not an economist. I anticipated it. I bet every reader here did too.

What does it take to see this gigantic freight train barreling down the tracks straight at you? Eyes and common sense.

The lack of the latter inside the head of President Trunalimunumaprzure led America’s Newspaper of Record to report: Biden Worried Gas Shortages May Hurt Carter’s Chances Against Reagan.

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