If Biden wins, yes. If Trump wins we are likely to see another tax decrease. He had good luck with the first one, and tax revenue went up. Reagan had two tax reductions and the economy did well. Trump seems fairly strong in favour of the 2A.
Surviving the next 3-6 months
- Thread starter Alaskajohn
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My DIL is finally going to test soon to get her balck belt in Tae Kwon Do. She's been a brown belt for many years(her dad is 3rd degree black belt). Her husband, my son, is only a red belt. Both are excellent shooters and in very good physical shape.
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I'm a bit of a pessimist, when it gets down to ifs, it only the matter of time.
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Yes even if The Don wins that only covers the next 4 years. Then what? Pence is a good guy but good guys don't win elections.
The Princess and I have tried to brainstorm where do we invest if J Robinet wins and have come up empty beyond wind turbines and solar panels.
Sooner or later the progressives are going to win and then what?
If you have ideas I would love to hear them.
Ben
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the only idea I have is to stay out of the way. in other words the nail that sticks up gets hammered down
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The Princess is also taking Tae Kwon Do so that she can spar with the eldest g-daughter who is a green belt.
The Princess is a unique animal.
Ben
You have to look no further than California now, the progressive paradise. Companies that would do well..
1) Companies that deal with fires, home fire suppression systems, firefighting equipment, suppliers or makers, home fire retardant building supplies. Home sprinkler systems, well drilling, water tanks and storage. Any company that either supplies or builds these systems.
2) Sanitation systems, sidewalk, street and building cleaning companies or suppliers. Home sanitation systems, installers, builders, spetic tank services
3) Home Power Generation. Again... installers, suppliers and builders.
4) Home water purification and long term foods
5) Weapons and ammo
That's my two cents anyway.
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You obviously don't live down here.
Our friends, (the sheriff deputies) know better than to go up against a bunch of guys that fight alligators and shoot them, and just call it "a day's work".
That stuff you talk about may work in the big city where they can go from apartment to apartment and threaten to cut off their internet and they gleefully toss their guns out.
No worry for us down here.
I can show you a demonstration down here where armed citizens outnumbered the
Open carry is legal here with no permit.
Were the cops surrounding them? Nope, not for either one. Didn't have to. They just stood back and watched.
Problem taken care of, with no violence.
That 2nd amendment stuff really works
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j live will there are no protests. The police are pro gun, the prosecuting attorneys are pro gun. The nearest village to me has a bar, church and a gas pump. However times are changing. internet cell phones service can be locked down anywhere. The IRS, ATF and agencies like that can and have and will go anywhere. As said times are a changing.
it was no worries for randy weaver until it was.
it was no worries for randy weaver until it was.
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Surviving the next 3-6 months
I'm just going to do what I normally do. I'm pretty much ready for winter and I'll go out and about with my head on a swivel. I'm stocked up enough so that I don't 'have' to go out if I don't want to. Actually, that's as much as for the winter weather coming our way as it is for the election. I guess I'm a little extra stocked this year due to the political uncertainty, but I'm going to live my life normally until things around me don't allow that anymore. I'm living life day by day and it's pretty good.
I sent in money for our Roth IRA b/c I think the stock market is ultimately going to soar. I saw a statistic that the labor participation rate was something like 64%. Once the unemployment bonuses go away, the people will start going back to work. Once they start working again, products should start filling the shelves again and services will resume. Around here, business owners are struggling to find workers. I haven't talked to a single owner yet that couldn't accept a few more employees. Also, once this Covid farse is done, business hours will return to normal and lobbies and seating areas will fill up once again. The increased business and uptick in consumer confidence will move stocks upward. I am invested to be part of the uptic. There may be some declines in the next few months, but overall, I think especially going into next year, things will soar.
I think I'm prepared for the worst but where I live, I don't think things are going to go crazy like it might in bigger cities. I think one of the biggest bonues I have in surviving the next 3-6 months lies in where I live.
I'm just going to do what I normally do. I'm pretty much ready for winter and I'll go out and about with my head on a swivel. I'm stocked up enough so that I don't 'have' to go out if I don't want to. Actually, that's as much as for the winter weather coming our way as it is for the election. I guess I'm a little extra stocked this year due to the political uncertainty, but I'm going to live my life normally until things around me don't allow that anymore. I'm living life day by day and it's pretty good.
I sent in money for our Roth IRA b/c I think the stock market is ultimately going to soar. I saw a statistic that the labor participation rate was something like 64%. Once the unemployment bonuses go away, the people will start going back to work. Once they start working again, products should start filling the shelves again and services will resume. Around here, business owners are struggling to find workers. I haven't talked to a single owner yet that couldn't accept a few more employees. Also, once this Covid farse is done, business hours will return to normal and lobbies and seating areas will fill up once again. The increased business and uptick in consumer confidence will move stocks upward. I am invested to be part of the uptic. There may be some declines in the next few months, but overall, I think especially going into next year, things will soar.
I think I'm prepared for the worst but where I live, I don't think things are going to go crazy like it might in bigger cities. I think one of the biggest bonues I have in surviving the next 3-6 months lies in where I live.
For what its worth, here is an article that says things look bad.
Hardly anyone expected that things would get this bad in 2020. Once the pandemic hit and states all over the country started instituting lockdowns, economic activity collapsed dramatically. U.S. GDP was down 31.4 percent during the second quarter of 2020, and that was a drop without parallel in all of U.S. history. In fact, that decline was more than three times as large as the previous record. But eventually states started to “reopen” their economies, and U.S. GDP for the third quarter is expected to show a significant rebound when the numbers are finally released. Of course we still aren’t even close to where we used to be, but at least things weren’t as bad as they were in the second quarter. But now as the fourth quarter begins, it appears that economic conditions are heading back in the wrong direction again. The following are 15 signs that America’s economic depression is accelerating as we head toward the holiday season…
#1 All 546 Regal Cinema theaters in the United States are being shut down, and right now there is no timetable for reopening them.
#2 It is being reported that AMC Entertainment (the largest movie theater chain in the U.S.) will “run out of liquidity” in 6 months.
#3 Over the weekend, I was told by someone that works in the industry that he expects most movie theaters in the country to eventually close down permanently because of this pandemic.
#4 The average rent on a one bedroom apartment in San Francisco is 20.3 percent lower than it was one year ago.
#5 During the 3rd quarter, the number of vehicles delivered by General Motors was down about 10 percent from a year ago.
#6 It is being reported that Anheuser-Busch will be laying off 400 employees in Loveland, Denver, Littleton and Colorado Springs.
#7 Allstate has just announced that they will be laying off 3,800 workers.
#8 JCPenney says that it will be cutting approximately 15,000 jobs as we approach the holiday shopping season.
#9 At least one-fourth of the 28,000 layoffs that Disney will be conducting will happen in Florida.
#10 Collectively, American Airlines and United Airlines let 32,000 employees go last week.
#11 On Thursday, we learned that another 787,000 Americans filed new claims for unemployment benefits during the previous week.
#12 Overall, more than 60 million Americans have filed new claims for unemployment benefits so far in 2020. That number is far higher than anything we have ever seen before in all of U.S. history.
#13 Retail store closings in the United States continue to surge along at a pace that is absolutely unprecedented.
#14 Bankruptcy filings in New York City have risen 40 percent so far in 2020.
#15 This number is hard to believe, but it is being reported that almost 90 percent of New York City bar and restaurant owners couldn’t pay their full rent for the month of August.
None of this was supposed to happen.
By now, we were supposed to be well into a “V-shaped recovery” that would soon have Americans forgetting all about the dark days in the middle of 2020.
But instead, millions upon millions of Americans have lost their jobs and are facing a deeply uncertain future. One of those Americans is an unemployed cook named Juan Jose Martinez Camacho…
Can you imagine doing the same thing for 30 years and suddenly being out of a job?
Like most Americans, he assumed that the pandemic would soon pass and he would be going back to his old routine.
But that hasn’t happened, and so he is among the millions of restaurant workers that are not bringing in any income right now.
With so many Americans out of work, food banks around the country have been dealing with a tsunami of demand. In previous articles, I have written about the absolutely massive lines that we have been seeing in certain portions of the nation. In some cases, people have started lining up at 2 AM in the morning and the lines have gotten up to 2 miles long.
And every week we see more gigantic lines at food banks all over America. The following is how one local news source described the massive lines that have been consistently forming in the state of Texas…
If you still have your job and you haven’t been forced to visit a food bank during this crisis, you should be thankful for your blessings.
Just like in the 1930s, we are witnessing colossal lines for food all over the nation, and this is just the beginning.
If you have been waiting for a “recovery”, you can stop waiting, because what we witnessed during the third quarter was about all the “recovery” that we are going to get.
Now we are less than a month away from a presidential election that promises to be incredibly chaotic, and the extremely deep divisions that already exist in our nation are likely to get even worse. Many believe that this election will produce even more civil unrest, and that will likely depress economic activity even further.
I truly wish that economic conditions would “return to normal” and that all of us could get back to our old patterns.
But there isn’t going to be any “return to normal” any time soon.
Instead, very dark days are ahead, and those very dark days will shake this nation to the core.
http://theeconomiccollapseblog.com/...lerating-as-we-head-toward-the-holiday-season
Hardly anyone expected that things would get this bad in 2020. Once the pandemic hit and states all over the country started instituting lockdowns, economic activity collapsed dramatically. U.S. GDP was down 31.4 percent during the second quarter of 2020, and that was a drop without parallel in all of U.S. history. In fact, that decline was more than three times as large as the previous record. But eventually states started to “reopen” their economies, and U.S. GDP for the third quarter is expected to show a significant rebound when the numbers are finally released. Of course we still aren’t even close to where we used to be, but at least things weren’t as bad as they were in the second quarter. But now as the fourth quarter begins, it appears that economic conditions are heading back in the wrong direction again. The following are 15 signs that America’s economic depression is accelerating as we head toward the holiday season…
#1 All 546 Regal Cinema theaters in the United States are being shut down, and right now there is no timetable for reopening them.
#2 It is being reported that AMC Entertainment (the largest movie theater chain in the U.S.) will “run out of liquidity” in 6 months.
#3 Over the weekend, I was told by someone that works in the industry that he expects most movie theaters in the country to eventually close down permanently because of this pandemic.
#4 The average rent on a one bedroom apartment in San Francisco is 20.3 percent lower than it was one year ago.
#5 During the 3rd quarter, the number of vehicles delivered by General Motors was down about 10 percent from a year ago.
#6 It is being reported that Anheuser-Busch will be laying off 400 employees in Loveland, Denver, Littleton and Colorado Springs.
#7 Allstate has just announced that they will be laying off 3,800 workers.
#8 JCPenney says that it will be cutting approximately 15,000 jobs as we approach the holiday shopping season.
#9 At least one-fourth of the 28,000 layoffs that Disney will be conducting will happen in Florida.
#10 Collectively, American Airlines and United Airlines let 32,000 employees go last week.
#11 On Thursday, we learned that another 787,000 Americans filed new claims for unemployment benefits during the previous week.
#12 Overall, more than 60 million Americans have filed new claims for unemployment benefits so far in 2020. That number is far higher than anything we have ever seen before in all of U.S. history.
#13 Retail store closings in the United States continue to surge along at a pace that is absolutely unprecedented.
#14 Bankruptcy filings in New York City have risen 40 percent so far in 2020.
#15 This number is hard to believe, but it is being reported that almost 90 percent of New York City bar and restaurant owners couldn’t pay their full rent for the month of August.
None of this was supposed to happen.
By now, we were supposed to be well into a “V-shaped recovery” that would soon have Americans forgetting all about the dark days in the middle of 2020.
But instead, millions upon millions of Americans have lost their jobs and are facing a deeply uncertain future. One of those Americans is an unemployed cook named Juan Jose Martinez Camacho…
Can you imagine doing the same thing for 30 years and suddenly being out of a job?
Like most Americans, he assumed that the pandemic would soon pass and he would be going back to his old routine.
But that hasn’t happened, and so he is among the millions of restaurant workers that are not bringing in any income right now.
With so many Americans out of work, food banks around the country have been dealing with a tsunami of demand. In previous articles, I have written about the absolutely massive lines that we have been seeing in certain portions of the nation. In some cases, people have started lining up at 2 AM in the morning and the lines have gotten up to 2 miles long.
And every week we see more gigantic lines at food banks all over America. The following is how one local news source described the massive lines that have been consistently forming in the state of Texas…
If you still have your job and you haven’t been forced to visit a food bank during this crisis, you should be thankful for your blessings.
Just like in the 1930s, we are witnessing colossal lines for food all over the nation, and this is just the beginning.
If you have been waiting for a “recovery”, you can stop waiting, because what we witnessed during the third quarter was about all the “recovery” that we are going to get.
Now we are less than a month away from a presidential election that promises to be incredibly chaotic, and the extremely deep divisions that already exist in our nation are likely to get even worse. Many believe that this election will produce even more civil unrest, and that will likely depress economic activity even further.
I truly wish that economic conditions would “return to normal” and that all of us could get back to our old patterns.
But there isn’t going to be any “return to normal” any time soon.
Instead, very dark days are ahead, and those very dark days will shake this nation to the core.
http://theeconomiccollapseblog.com/...lerating-as-we-head-toward-the-holiday-season
