Housing Market Index Remains Depressed Under Bidenomics As Federal Debt SOARS (Its A Long Way To The Bottom!)

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As AC/DC sang; “Its a long way to the top bottom.” But Bidenomics is sending us there!

Today, the NAHB/Wells Fargo Housing Market Index rose slightly on falling mortgages. But the housing market index remains depressed since Biden seized the reigns of power in 2021.

The Federal government added $7 trillion in debt since 2020 while it took 215 years to get to $7 trillion before Covid and Bidenomics.

In what can simply be called fiscal insanity, The Federal government is borrowing like there is no tomorrow (given that Biden is 81 years old, this isn’t far off) displacing businesses and households. Heaven help us if the Federal government has to borrow more money to fight a real war like World War II.

So, the massive Federal debt gorging isn’t helping the housing market.

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Published by confoundedinterest17

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