Quote Originally Posted by Neveragain View Post




As we can see from the last bubble burst, durable goods didn't feel the sting until a year after energy prices were at all time highs.

There is vast differences between 2008 and now. The inflation rate was at 3.75%, so there was no need to increase lending rates, that's obviously not the case now. We are also facing an even bigger problem, that being, the boomer generation at it's peak population is retiring and we don't have the workforce to fill that gap for at least 2 decades and that's only if the gen-z'rs actually decide to have children.

This isn't going to be a recession, it's going to be a depression.
There's a massive population of migrant workers biting at the bit to fill that gap, whose numbers can be filled with a sane immigration policy. Reagan did it, why's it so troubling to Republicans now?