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re: Mortgage rates fall below 6%, matching lowest level since 2022
Posted on 2/23/26 at 11:17 pm to Burt Reynolds
Posted on 2/23/26 at 11:17 pm to Burt Reynolds
quote:
Dems used this excuse during Biden in regard to inflation. Yall copied their playbook
We need to cut our exports of red meat.
0
Posted on 2/24/26 at 12:22 am to TDFreak
They have been around 6% for 3 months. I closed several customers at 6%. The headline is super deceiving with 5.99%.
Posted on 2/24/26 at 4:03 am to BlackPawnMartyr
I expect all business to cut their prices by 15% now that the USSC has ruled against Trump. They all said prices were up because of tariffs so now they must be ready to come back down. But we all know they were full of shite and prices will not be cut.
Posted on 2/24/26 at 4:10 am to BlackPawnMartyr
Coffee was $23 and meat was $23 for 5 lbs in 2024. Last week both were $20
Posted on 2/24/26 at 6:22 am to ronricks
quote:Goodness, you're back at it? We've addressed this with you previously.
Beef and Junk food are still sky high and rising. I keep track of this shite due to my diet and my groceries (beef, butter, bacon,) were cheaper under Biden but still high. Trump has been an absolute failure on this.
Catastrophic US cattle herd culling under Biden stuck Trump with the smallest per capita US domestic beef supply since the 19th Century. But somehow you expect Trump to snap his fingers and re-create the US cattle herd in 12 months?
You perfectly personify the kind of useful idiot Dems seek to recruit.
US cattle herd culling is responsible for the current skyrocketing US beef prices. It was primarily due to avoidable supply chain disruptions and covid meat processing plant closures. Culling in 2022-23 was exceptionally high, so that by the time Trump took office, the U.S. cattle herd had been reduced to its lowest level since 1951.
But even that doesn't tell the whole story. It gets much worse.
The US population is over double the size it was in 1951.
In per capita terms, there are currently 25.5 cattle per 100 people vs 52 per hundred people in 1951. Going back further, the cattle:population ratio even during the Great Depression/Dust Bowl Era mimicked the 1951 numbers, and never even came close to our current supply-demand mismatch.
The last time our cattle herd was this relatively small was in 1894!
So when folks say "Trump has been an absolute failure on this," or "We can only blame the last administration for so long," it's painfully obvious they have no clue as to how bad the last administration actually was, or the scope of the mess which was left for Trump to clean up.
This post was edited on 2/24/26 at 6:26 am
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