mai 29, 2023

The $1.7 Trillion Spending Bill That Will Forever Change America

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The $1.7 Trillion Spending Bill That Will Forever Change America

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Sources:
1. https://www.nytimes.com/2022/12/20/us/politics/congress-spending-bill.html
2. https://www.cnbc.com/2022/12/21/the-new-remote-work-trend-fear-of-layoffs-and-not-finding-a-new-job.html
3.https://twitter.com/sweatystartup/status/1605357625784369155/photo/1
4. https://www.cnbc.com/video/2022/12/20/vacant-office-spaces-on-the-rise-with-over-100-million-square-feet-available-in-manhattan.html
5. https://www.cnbc.com/2022/12/21/home-sales-tumbled-november.html
6. https://www.businessinsider.com/ceo-of-major-us-homebuilder-says-were-in-a-housing-recession-2022-12
7. https://www.cnbc.com/video/2022/12/20/building-permits-down-due-to-high-construction-costs-and-interest-rates.html

This $1.7 Trillion Bill is massive, its huge and it will likely go down in America as one of the most impactful bills signed into law. We have to look at what is occurring in Tesla Motors and other large companies, they are beginning to issue massive layoffs. We are beginning to see businesses begin to outsource tons of jobs and we are watching office buildings become more and more available by the day. For example, Manhattan has over 100,000,000 square feet available of office space.

I believe what we are witnessing is the beginning of many more bills to come, record high inflation coupled with a struggling job market and employment market.

Disclosure: This channel allows paid sponsorships. A paid sponsorship is not a direct endorsement or financial advice. ThisisJohnWilliams (AKA John Williams) is not a licensed financial advisor.

#economy #invest #investor

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