I've spent the last couple of days in a form of a cocoon, no news, no nothing, read some of Lord Byron's works. Then watched on YT " The Rest is History " 4 part show on Byron, and was reminded what a deviate he was. ( Hint, he had an affair with his half-sister.....and gender fluid women......So, this trans business is nothing new, go back and read what was going on in the Regency Era of England in the early 1800s when George III went mad and his son was appointed Prince Regent ( Later George IV) to run the monarchy..... When Byron was at Cambridge, he was not allowed a dog by the university in his rooms, so he got a bear.......I need to write a blog on Byron. )
But I digress.....
The economy is bad.....Really bad.
Amazon, UPS, Target, Paramount, all with lay-offs in this week.
Amazon itself laying off 30,000....
The Federal Government has laid-off 200,000-300,000 that we know of during the government shut-down. Things like keeping the airports open are now in jeopardy, air-traffic controllers are not showing up for work. The airport in Newark has been shutting down off and on for a week, Dallas airports the same, not enough workers to run the place.
I'm not even going to talking about the 41 million Americans who receive SNAP Benefits and they not getting their assistance and what it might mean to the economy.
Lumber is still stagnant. I am telling you it isn't moving, so, America wide, people are not building houses. ( Yeah, some are being built in this area, but we are an anomaly. Still, people are not moving here from the rest of the state, much less country.)
The Federal Reserve cut rates , again, but I am thinking, too little too late.
Inflation is horrid. I'm just shocked at prices, especially the cost of pick-up trucks now. I'm driving what I got until the wheels come off. And the prices of beef.
The Dallas Branch of the Federal Reserve has said that manufacturing in Texas is in a downturn....Why? People are not buying stuff. The old supply and demand no goods demand? No one makes said goods
The Dallas Fed said the following about Texas.
- There’s a slowdown of commercial construction bid requests.
- Customers are delaying projects to 2026, and requests for quotes have decreased.
- The service industry is down and are starting to lay-off workers.
- Oil is stagnant and looking weak.
- The State Fair of Texas had 400,000 less visitors this year. ( Turkey legs were being sold for $25.)
Finally-
After my blog on Christmas earlier this week, I had 5 separate people write and tell me, they are toning down Christmas this year, Mom and dad are giving each other maybe socks( No fooling, I seriously like getting socks,boxers, and Henley shirts, something I can really use) or something needed in the household and maybe the kids, grand-kids are getting a little something. But not as much as in the past. The finances just are not there. ( I wonder if closer to the holiday the grand-kids might actually get a little "extra?" Than what was first planned?)
 
