Monday, October 24, 2022

California's day at the Swamp is coming to end

 This election. Our days of miracle earmarks is done.

Interest charges are volatile, up, in the Swamp, and a significant number of small states have threatened earmarks. The median states will roll slightly their way and Ca gets left out.  Florida will romp tis election. Be some Banana rousing times there. 

Three things echo in Swamponomics:  rates, earmarks and COLAs. They do not mix well, but they are coming to meet up this election. Mortgage rates at 7.3% in one part of rates. That huge double dose of COLA will ring government ears for years. Nightmare.

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