Insight - Oct. 13th, 2022
Insight
•
13-Oct-2022
The Federal Reserve Bank is trying to stop inflation from going up, as their efforts are inflicting much pain on the world by raising interest rates. Today on Insight, John and Josh Rosenstern look at the September inflation numbers that have just come out, as all of the financial markets of the world are responding to this Administrations' adding fuel to the fire. Brother Josh says this Congress has gotten us into this position due to poor government policy, triggered greatly by our government's reaction to the COVID pandemic, which brought on great supply and demand issues, and then increased government spending in the way of stimulus checks. America’s debt was sitting at 20-trillion at the beginning of 2016, now are debt is over 30-trillion. Brother John says it’s interesting to note, that from our founding fathers up until Ronald Reagan’s presidency, it took our nation that long to reach just one trillion in debt; meaning our government has gotten far too big and spends far too much.
Up Next in Insight
-
Insight - Oct. 12th, 2022
Today on Insight, John and Josh Rosenstern discuss the rising cost of healthcare itself and healthcare insurance. Brother Josh says the government involvement of regulation and oversight through Obamacare, and with the Medicare, Medicaid systems play a large role in the increasing costs of healt...
-
Insight - Oct. 11th, 2022
Today on Insight, John and Josh Rosenstern discuss the fast approaching midterm elections, as the economy and inflation are of course at the top of the concern list, along with violent crime. A recent poll shows, nearly 70-percent of Americans believe crime is on the rise because there are too m...
-
Insight - Oct. 10th, 2022
Today on Insight, John and Josh Rosenstern discuss the concern in Europe over concerning energy as a shortage is looming as concern is growing along with the ongoing war with Russia and the Ukraine, as pipelines are being targeted. Brother John also points to a concern of a food shortage in Cana...
