HAPPY NEW YEAR!

The Alternative to Left & Right Spin. No Lies or Fake News Here

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Al

A Christmas Offer

Dear Subscribers,
Feel free to share your issues of the TR with friends or relative until the end of the year. Just forward your issue to them. Perhaps they’ll enjoy it and subscribe.

The subscription price will go up on January 3, 2022 to $99 for one-year and $175 for two-years.

Happy Holidays,
Al

In-Brief

1. Happy New Year!
2. The Biden Build Back Better [BBB] bill is dead in the Senate, mainly due to the common sense of two Democrats – Joe Manchin of WV and Krysten Sinema of AZ. Thank you and Happy New Year to Manchin and Sinema.
3. If Russia launches a major invasion of the Ukraine, the US will respond very strongly, but not unilaterally with our own troops. The reactions will be political, financial, and economic, and will be very strong. The previous weakness of President Biden in Afghanistan, and the newness of German Chancellor, Olaf Scholz, will force them to be resolute against Putin.
4. The US economic recovery continues to be strong. Year over year growth looks likely to come in at about 6%. November’s unemployment rate fell sharply from 4.6% to 4.2%. Ironically, many Americans think we are in a recession. We are NOT in a recession. In fact, the US economy is booming.
5. But high inflation is badly hurting tens of millions of American families. Inflation is likely to slow gradually in 2022.
6. Do NOT panic over the new omicron strain of Covid. As of today, it looks at worst to cause moderate health and economic problems. But be careful and protect yourself if you have other serious health problems. Help is on the way from Pfizer and Merck in the form of anti-virus pills.