Andy Venables’ Post

REPORT ON OUT-OF-CONTROL SPENDING Article excerpt: “The amount of additional spending resulting from legislation passed between March 2020 and December 2022 is astonishing: $7.5 trillion—more than $57,400 dollars per household. While federal spending per American has steadily increased in real terms over the past several decades, the pace of the increase in recent years has been shocking. As this Special Report demonstrates, most of the spending during the pandemic was unnecessary. Congress should also have accounted for justifiable pandemic-response spending at the time of passage by enacting measures to reduce future deficits.”

More than half of those surveyed in the 2023 Drovers State of the Beef Industry Report indicated that they have been profitable in the past five years. 54% say they are adding a family member to their operation soon. There is a lot to be optimistic about in the industry right now. Learn more by reading the report: https://loom.ly/MyYsKYk

Some fascinating data observations where many things started different trends in 1971. One personal observation is chicken and seed oil consumption, which contain high volumes of linoleic acid, a health destroyer, ramped up in the nation's diet, and red meat consumption went down showing a rise in disease and expansion of the medical industry. #dataanalytics #finance #health #society

Bidenomics are a horrible junk food diet. Trumponomics are a lethal injection. Trump was the fourth administration of the Harding-Coolidge-Hoover era - separared by 100 years. These Republican socialist policies ushered in Great Depression I: - Willis-Campbell Act of 1921 restricted medicinal alcohol prescriptions. - Emergency Immigration Act of 1921 signed by Harding - Making the Fed’s charter perpetual (McFadden Act of 1927 signed by Coolidge) - Shutting down Ellis Island and immigration (The Immigration Act of 1924 [The Johnson-Reed Act] signed by Coolidge) - Alcohol Prohibition enforcement (Coolidge presided over the Al Capone era) - Maintaining high minimum wages (Davis-Bacon Act of 1931 signed by Hoover) - Prohibitive protectionist tariffs and trade war (Republican platform,; Smoot-Hawley Tariff Act of 1930 signed by Hoover) - Massive deportations (Hoover 1930) - Eugenics and xenophobia (Coolidge and Hoover) - Massive military and mercantilist interference in the affairs of other countries (“Mr. Coolidge’s War,” the affair has been called. More formally, it was the US intervention in Nicaragua of 1927-28) Trump reinstated policies from the same playbook to usher in Great Depression II. His return will be the coup-de-grace.

🚨 NEW #WeeklyMacroMinutes with Chief Economist Bill Adams: This week, we expect to see an upward pressure on cost of living from the April #CPIReport, meaning more expensive gasoline, chicken, and beef! ⛽️🐓🥩 Read Bill’s full commentary here: https://bit.ly/4akNGS0 Member FDIC. #Comerica #ComericaBank #EconomicReport #EconomicNews #WeeklyEconomicReport

🚨 NEW #WeeklyMacroMinutes with Chief Economist Bill Adams: This week, we expect to see an upward pressure on cost of living from the April #CPIReport, meaning more expensive gasoline, chicken, and beef! ⛽️🐓🥩 Read Bill’s full commentary here: https://bit.ly/4akNGS0 Member FDIC. #Comerica #ComericaBank #EconomicReport #EconomicNews #WeeklyEconomicReport

Some Watching Trade Programs as Farm Bill Deadline Looms The current farm bill expires at the end of this month, and lawmakers don’t seem close to passing a new one. There are many questions left open in each of the bill’s twelve titles, but when it comes to Title III-Trade, the question is all about money. https://ow.ly/7Nvo50PJ37N #TradePrograms #AgPromotion

Our latest #weeklymarketcommentary from Nathan Amaning looks at what is influencing markets around the world. We may have avoided a #tubestrike but #germany had to battle with striking drivers and protesting #farmers. Read this excellent piece to discover the bright spot for #stockmarkets this week. https://lnkd.in/eYbSD68h