Sep 19, 2023
The Biden administration is doing everything in
their power to take more power and control while making
our lives more difficult. I have been an optimist my
When it came to our government I used to think that would
never happen, then it did. I then changed to, nothing
surprises me. Then, whatever I considered the worst case scenario
that is what I expected. Now, I expect the truth to be something
worse than my worst fears.
All the leading economic indicators are predicting a
recession. The Biden administration continues to attack energy
supply at every level. They have shut down pipelines, canceled oil
and gas leases, closed millions of acres to energy development, and
are holding up dozens of key energy projects with red tape. This
will increase fuel prices in the short term.
Inflation has ticked up again recently. Unfortunately, I
believe our economy will get worse before it gets better. The
policies of the next administration could alleviate much of
the economic woes or significantly help improve things.
Our freedoms are also constantly under attack. Democracy
can only last with an educated electorate.
The solution is clear. Will enough people stop voting for
policies that are detrimental to themselves and all of us or will
they vote for representatives that will reduce government
interference and spending?
I wish I knew the answer. I honestly believe it could easily
go either way. Education is the solution.
What can you do financially? Reduce debt. Protect your money
from risk. Reduce your future tax liability. Ensure your money is
liquid to take advantage of opportunities. Make positive cash flow
on money you spend so it goes farther. Your Personal Bank does all
Contact Ferenc at YourPersonalBank.com or 866-268-4422 for