The Conservative Political Action Conference (CPAC) happened last week. Political activists from all over attend the annual event in Washington D.C. Republican speakers are the mainstay of the conference.
Donald Trump spoke on Thursday and openly said that he believes real unemployment is at least 21 or 22%. Friday’s BLS jobs report said we added jobs in February and the official unemployment rate has ticked back up from 6.6% last month to 6.7%.
When I was watching the nightly news last week, I did not hear a peep about Trump’s comments. As long as you have faith that the stock market is not manipulated and unemployment is at 6.7% the façade can continue.
Russia’s Putin knows it’s a farce, and that’s why he can continue to pull America’s chain. How will your retirement savings be impacted when the masses realize they’ve been consistently lied to? If you can’t answer that question, you have investment planning issues.