Lori talks about Governor Kemps visit to Toccoa, unemployment rates, inflation and more

2 years ago
26

Recap of Governor Kemp's visit to Toccoa yesterday. Talking about the push for foster care, stopping human trafficking. The money flow on the democrat side, 80% of the money in Stacey Abrams coffers is from out of state donors.

Application for unemployment has increased to 260K. When was the last time you went into a business and didn’t see a “Now Hiring” sign. American employers have decreased the number of new job postings. Many layoffs have happened this week especially in the tech sector. Americans are getting extra bills because of the poor direction of the White House administration and their lack of knowledge of the economy. There are 200 economists that have come together to say that this Inflation Reduction Act will do nothing to fight inflation.

The White House is saying that we are in a transition to steady growth.
As inflation continues to go up and more people asking for Job Benefits and Job postings are going down. Real Estate closings have slowed down and lenders are asking for more information before closing the deals. If we aren’t in a stagflation period, we are definitely heading towards one.

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