Bless Our Lucky Stars!

Less than two months into 47’s term, we can haul out a MoneyGeek illustration to remind us [who are old enough] to recall those wondrous days of RMN’s second term, past Carter, into RR’s first when we were handed a decade of high inflation, high unemployment [it’s coming with landing of the fed RIFs], and snail’s pace growth [or recession].

We’ve got almost all the ingredients in play now.

The only veteran’s benefit I ever used was for a home loan in 1979.

So wipe away those tears over high Biden home loan rates at below 6, my VA was over 12. Market at the time was 14 and capped at 100K Fannie Mae. House cost 130k. Those rates were pushing 20.

Even 47 had to take another job — selling cars, at his home.