First Democrats got their wage increases by raising minimum wage which boosted inflation causing the Fed to lower interest rates shrinking the value of the dollar.

Then they tightened regulations on lending.

Then the adjustable-rate Sub-prime loans, which are a risky investment for any lender, hit the 2 yr mark which means the interest rates went up abruptly.

Politicians were pushing to get people who usually don't have the discipline it takes to own a home into their own mortgages. People who rent usually have to do so because of their poor financial choices. Not everyone is cut out to be a homeowner.

These undisciplined borrowers, or non-bill paying low-lifes and Real Estate speculators, started walking away from their mortgages.

Now we have the Fed cutting interest rates to fight inflation but decreasing the value of the dollar to the point that the price of oil is going up........primarily because most of it has to be purchased from other countries......thanks to the Democrats.

Now do you have an idea what we face and why we are facing it?

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It's hard to stay mad at someone who makes you laugh - Jay Leno