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Guess Who Has Covid?
“Now General Milley and the Marine Corps Commandant have Covid… …you know, those guys refusing nearly all religious exemptions and throwing hundreds of Marines out for not getting vaxxed.” – Andy Peth
How Many Lies Did You Count?
We are not where we were a year ago—we are building back up. pic.twitter.com/nAS3b4YKiC
— Kamala Harris (@KamalaHarris) January 14, 2022
Unleaded gas prices are up 50.8% from last year, bacon prices are up nearly 19% and renting a car will cost you 36% more on average than it did in December 2020. pic.twitter.com/DLDP7zPQJH — The Associated Press (@AP) January 12, 2022
Joined the Conversation
John from Cheyenne called in about the used book store that went to a vinyl record shop. The cost of used cars is about a 30% increase. John is thinking 2024 when the car market will be more normal.
Craig called in about Polis rescinding the 2 cents a gallon fee. China is made about the covid virus so the Olympics get it.
The Supreme Court Rulings
Jarrett Stepman – Daily Signal
The overreach of the government by threatening business over the vaccine mandate. Using private business to accomplish what the government wants. Sound familiar?
American Liberty Mortgage
Bruce Simmons – Reverse Mortgages.
Bed Bath and Beyond
Bed Bath and Beyond has learned the truth of the phrase, “Go woke and go broke.” The liberal company will close 37 stores this year. The company canceled Mike Lindell and his popular MyPillow products. Article here.
The Great Resignation
As a record number of workers quit their jobs in recent months, the economy has been undergoing what many have dubbed “The Great Resignation.” Author and tech expert, Mark Mills argues, “The epic shortage of workers, from services to manufacturing, with Boomers retiring faster than pre-Covid and Millennials resigning at record numbers will trigger the long-awaited rise of the robot worker”
You never know when your car will become your bed.
Auto Industry Predictions
John explains why he thinks Clark Howard is off at least 1 year on both new and used and he might actually be off 2.
- New cars are still in short supply and I believe will continue to be. We still see labor shortages, chip problems, government forces of EV’s which will not sell like they all think they will.
- Even when new car production comes back in full swing we have a 1-2 year backlog of the fleet, rental, and government orders that will need to be filled and as you know they get filled first in most cases – the retail customer is the last on the list with but a few exceptions
- The fleet is aging and people still need vehicles. When a major repair comes along and they ditch the old car they have to buy something to replace it. This still adds pressure to the used car market.
- They do not have the chip problem sorted out yet – they say they do but just eliminating options on new cars is not the fix and in some cases will deter the new car buyer and keep them in their old car longer especially if it has more options (that work) than the new car they are looking at.
- We will see inflation continue which will also keep prices up and if a recession hits, the new car market will get hit first as it always does and keep the used car market up.
Joined the Conversation
Jim called in about what is going on with fleet sales.
The weekend upsets… were there any? Comments here.
2022 Toyota Corolla – Hybrid
“With more than 50 million Toyota Corollas sold globally since its introduction in 1966, it seems everyone has a Corolla story. The 2022 Corolla sedan keeps the legend going, all with the dependability, fuel efficiency, safety, and value established by its heritage.” – Website here.
Listen to the review here.
The first Genesis athletic urban midsize SUV to feature a uniquely athletic exterior design and a powerful stance while also meeting the practical needs of an SUV. Website here.
The Real Estate World and the Monday Mortgage Minute
Kurt Rogers with Affordable Interest Mortgage
Blue Collar Cash
Wall St. Journal bestselling author Ken Rusk, whose book Blue Collar Cash: Love Your Work, Secure Your Future and Find Happiness for Life (Dey Street Books) demonstrates with real world examples that not only is the college path not the golden ticket to a successful and lucrative life it once was, but that a career in the professional trades can provide more economic opportunities right off the bat.
Considering that 80% of students change their majors, only 27% of graduates end up working in the field of their major, and that Americans hold 1.7 trillion dollars in student loan debt – it’s easy to see that a career as a skilled trades or craftsperson with an average salary of over $55,000 is beneficial both economically for young adults, and for the peace of mind of their parents. Add in the retirements of the Baby Boomers and the billions from the infrastructure bill, and it’s quite clear that the need and the money are there.