The Hidden Truth Within The Seemingly Improving Economic Picture: Steve Forbes

[@dbeasleyphx]

More Steve PLEASE!!

[@MrDavidrex]

Smart man, thank you dear sir.

[@joeregina3627]

Thank you for the truthful editorial

[@MikeMaulhardt]

Thank you for bringing realism to the economic discussion. I am please that you invite comments. Pro-growth policy is needed to boost the economy so the huge deficit can be addressed. Cnertiinly the socialists think they can tax, spend and confiscate wealth. Negative prosperity is our legacy unless policy can be changed to free market capitalism.

[@brianroan6905]

I like your prospective Mr Forbes. It’s amazing to me how things have changed in media and I am able to actually speak to someone I have watched for years and they might even read my comments. You should do these videos more. This is where people are getting information now not the national media.

[@delmonicofarquhar9893]

I agree, Steve, but basically killing off a healthy (that is, not totally indebted) middle class has removed the most important component of demand, and stimulus, that our economy has traditionally relied on and which temporary actions by the Fed can never fully replicate. As long as ordinary Americans are unable to provide a spending cushion under the economy, it will continue to tank. Maybe special interest money influencing our politicians to divert funding from education, healthcare and financial security for the middle class into tax cuts for the very wealthy has a taken a toll on our economic foundation, not to mention our democracy, after all.

[@skidogbill]

Right on.

[@fourgotmyemail]

*#ThankYou* *#Greetings* *#MrSteveForbes* as always *APPRECIATED OPPINION*

[@michaelhollinshead6945]

You nailed it Steve.

[@steveragan2256]

Excellent points!

[@CaneBTC]

Appreciated

[@steveallen2681]

Keep this stuff up Mr Forbes, I listen all the time

[@jeanmurry4876]

Straight forward truths, OUTSTANDING ! LOOKING FOWARD FOR MORE SIR. VINCE MURRY

[@recoveredconservative]

Got to love Republicans like Steve Forbes: to hell with what economists say, all of this fabulous economic news is not fabulous. Right, Steve.

[@lesseirgpapers9245]

about 700K excess deaths of the working force. 3 million out of the work force because of the excess disability, And 3 million men afraid of Me2 fled the workforce.

[@ericheine2414]

All you have to do is walk down Main Street and see how many buildings have empty storefronts the economy is failing but the numbers that normally reflect the condition of the economy have been manipulated. Out here on Main Street in America people are struggling to get by and the money they earn no longer pays the bills.

[@johnconnery1939]

scaring people into believing your dream of economic decline during an election year , is a tired old tactic. But that is what you do.

[@parkplace741]

Everything went up. Even food cost increased so much. Who is supporting this govt? Trump should come back.

[@100perdido]

Reagan got a handle on spending? Come On, Steve Man.

[@wisenber]

Reagan had a Dem controlled House (where all spending originates) his entire time in office. Reagan didn't get half the cuts he was after.

[@ruthnovena40]

How much did this adm sell parts of us off for and to whom?

[@ngeorgalis1]

Why didn’t Forbes not mention Trump’s accomplishments including bigger tax cuts than Reagan, cuts in regulations, low inflation. record low unemployment, energy independence, low interest rates, booming stock market, and a world at peace.

[@sharifumaru8813]

Stop bringing trump into this he does worst done. Is anyone 18 trillion in just one term.

[@ngeorgalis1]

@@sharifumaru8813 wrong

[@sharifumaru8813]

@ngeorgalis1 how wrong, trump term inflation went 18 trillion the poorest are paying big tax the richest are paying less tax

[@1952Paper]

Trump is not even close to being a conservative. Yes with the help of so called deficit hawk Paul Ryan they delivered a great tax cut with a corresponding increase in spending. Did not have political courage to cut any spending. Our grandchildren will pay a very heavy price for Trump presidency.

[@scottsweeney6903]

And I have it oceanfront property in AZ. It's the exact opposite.

[@matthewdimarcantonio4627]

Wow Steve is awesome!

[@wayneantoniazzi2706]

When Steve Forbes speaks he's worth listening to, his business IS business! My best economic indicator is a personal one. I quit smoking in the Summer of 2023. By all rights I should be seeing an additional $250 in my wallet each month. Guess what? I'm not seeing it. Other rising expenses have eaten it up. So no "talking head" is about to fool me (or you) into believing how great things are. My wallet doesn't lie.

[@Freedom-DNA]

Don't fall for it yall.Steve's in the loop on everything

[@bobdobalina7058]

When did interest rates go down? I don't think my credit card, mortgage Co. Or auto loans got the memo. Also don't recall the fed lowering rates

[@christianburke418]

Wow, Steve Forbes nails it. I wish everyone understood what Steve has just described. SphereMotor, the future of electricity

[@olenmiles9334]

Who benefits from high National dept?

[@jeremyocassan]

I'm subscribed!

[@Wonderwall36]

Mr Forbes is back in the hood.

[@idahopotato5837]

I'm retired and live on a fixed pension. No cost of living allowance at all. No government spending is coming my way. I guess I should own a munitions plant.

[@rollswrangler]

$213 trillion federal unfunded liabilities increasing $29 billion per day.

[@Index-o1234]

Makes a good Anchorman.

[@josephroth8761]

Many Thanks for your video. You should replace Janet Louise Yellen for the Secretary of the Treasure.

[@edh2246]

Government spending on infrastructure education and healthcare pays off, it’s an investment. Giving more tax breaks to corporations (trickle down economics) does not work, it just moves more wealth to the top. Regulations are necessary to protect people and environment from the rapacious greed and self interest of Capitalism.

[@wisenber]

Few that pay taxes like taxes, but the current rates are around where we need to be. Revenue is up by 33% since then. The problem is spending is up 50%. Cut spending and reform regulation to at least reduce the growth rate of debt. The Treasury Department was asleep at the wheel when they didn't lock in longer term lower rate debt like every homeowner with a mortgage did.

[@William1866]

Joke of the day: "Peace time spending"

[@zhinan888]

100%

[@truthseeker4280]

So in conclusion the more things change the more they stay the same . Sorry mr. Forbes very little was said . We been going through this now for several years .

[@tomreilly515]

I agree with the litany of economic & financial problems. I continue to wait for the predicted tsunami. Like so many others, I then plan to invest. WHEN?

[@svart7716]

Calamity howler..

[@debw2635]

I agree with you completely,, I wish Kudlow would agree 100% with you, the dollar has barely any value left in real terms. This is the Titanic that needs to be righted. Can it? and will it? its unfortunate you are not the Fed Chief, We Do not seem to have anyone in control of the USA's currency who cares about the Actual health of our finances . we the people are not reckless in our budgeting for the most part, We should be respected as to our constitution of Life, Liberty, and the pursuit of Happiness. Its hard to be positive for our near future let alone in 5 yrs time. If you wanted a weak America this is how you go about it.

[@BodyTrust]

Capitalism and class society are dying. Let's hear about how the union movement is going to lead the revolution, STEVE.

[@Adam-ul2px]

I agree with almost all of that but I break with the current GOP on the issue of supporting Ukraine, Taiwan and Israel. Reagan is rolling in his grave

[@paulginsberg6942]

Appeasement??? He seems a warmonger to me.

[@NickGj-k7v]

I partly may agree with the concept Steve Forbes express that "...the Federal Reserve does get understand the true nature of inflation....". They certainly understand the true nature of inflation, but they may not know haw to solve the challenges the economy has and they use old practice to discharge the economic downturn to inflation which force peoples to pay the consequences. With inflation a country get the money from production sector and pay for military expenses and for other government sectors who do not produce anything.

[@ThaGirlLaLaLa]

Thanks Mr. Forbes, no thanks to Obiden!

[@_DarkEmperor]

Nothing to add.

[@colgategilbert8067]

Missing. Analysis on the rebuilding of the US economy for Deglobalization or Decoupling, as some call it.

[@martinleuchs5403]

Economy has had ups and downs for decades. Spending in times of Trump’s debt increase was never commented by you , right? It will go down in some years to come due to banks gambling, or some other reason. You are cheap: it’s an easy shot to predict risks for an upcoming crisis, when the economy is doing well!

[@petergracemeguide1280]

G'day from South Australia. The circus sounds familiar here too. Lived the sugar high. I'm seeing noticeable numbers of new Australian from middle east and India. All with new cars quality clothes , gold chains and a map. Many taking photos of welcome to south Australia. Toyota,Audi and range rover and BMW doing well with these imported buyers. But the housing and rental sector is near impossible to get. Banks won't lend and rentals are thru the roof $ and un available. Overall it's a similar circus tested in all corners of the world and were watching the Muppets show

[@khemkaslehrling3840]

What percent of all jobs are with government or primarily gov't funded organizations?

[@mikem362]

Sounds Like someone is shorting spy

[@htas6888]

Excuse me but... 2019 budget of 4.4 trillion and current 6 trillion, look at year over year inflation between the two time periods, every body got pay increases, there is the wage increases and prices of everything increased, it is only natural that federal budget increases too. Then, there is no world war but there is the Latvian war. It is funny how things don't get accounted properly, painting a picture...

[@denefreeland5369]

I suppose it depends on what the government is actually spending money on. Often when a government creates a contract there are lots of middle men (and women) who don’t create any value but siphon off the taxpayer money (consultants, the people who create rackets, people who overcharge and under deliver). I’m not saying this doesn’t happen in private industry but. On the other hand when I visited the USA (wonderful country) its roads and infrastructure is almost that of a third world country in many places.

[@millamulisha]

The deficit dropped in January.

[@nicholasb8799]

All that money and you can't figure out a teleprompter!!! Come on man!!!!

[@rodhonco5681]

Math does not lie!

[@stevesmith662]

1 trillion in new debt is good economic growth?

[@goof260]

oh the rich are so worried..

[@johnking6252]

If Trump was in office how would your opinion change? Just asking tucky style ? Eh ❓. 🔵🇺🇲

[@AutomatedPersonellUnit_3947]

Is this the real life, is this just fantasy.....(In William Shatner's voice)

[@gregorysagegreene]

He could never sing that high.

[@AutomatedPersonellUnit_3947]

@@gregorysagegreene He doesn't, he talks the whole song 🤣 it's on KZbin, so is Rocket Man

[@monorecaro1]

He lost me in the second half..

[@garymcaleer6112]

Only Forbes informs. These evil overlords keep their power and wealth while they deliberately sacrifice the lives of millions of innocent people on their godless altar. "The books of heaven" record it all, and every sin involved will meet its recompense, which again shows how Satan rules "the wickedness of the wicked." It always gets back to Luke 4:6 where Satan determines who holds both the money and the power. Daniel 2&7, and Revelation 13&17 confirm. People need to dust off their Bibles; study history; and pray to the LORD to know what is true and what is not. Let them begin with Isaiah 24: the plainest chapter showing the conclusion of sin on the Earth. That chapter needs to be settled in everyone's mind.

[@davebliss6436]

Typical Republican viewpoint

[@TimJohnson-s3e]

Say hello to 1929 2.0

[@robbob5318]

What phuckin cloud does Steve Forbes have his head in ?.

[@ydas9125]

Disappointly unoriginal and cliché

[@populustremula7496]

How long has the US had a national debt and kept adding to it? It dominates the behind-the-scenes picture and has for a long time now. We have a collective ignore-ance of the gravity of it, the delusion of it. But someday it will matter like the Emperor Has No Clothes story. It’s the same attitude we have about our carbon emissions as well. But, until then it appears we are going to party like there is no tomorrow playing our dangerous musical chairs game and hoping that the music doesn’t stop while we each are still alive. So Steve is right, as are all doomsayers, but the when of the matter is anybody’s guess. I’m guessing it’s soon and will unfold as a series of cascading catastrophes, collectively known by archeologists as civilization collapse. Humans have done this many, many times in the past. But don’t ask me what soon means. Guess for yourself.

[@kevinmalone4109]

FUBAR

[@lawrencehawkins7198]

Poor Steve Forbes, still trying to stay politically relevant.

[@deedeewinfrey3181]

I agree, that's why I'm voting for RFKJr in 2024

[@RogerWarren-l8s]

If Trump was president with exactly the same statistics Steve would be singing his praises. Steve managed to squander his inheritance. I’ve never understood why anyone would think he knows anything about anything.

[@staceyb822]

Y our billionaires need to pay their fair share

[@Ricardo-u8l4e]

Way do you have to stick your big nose in the sovereignty of another country mile away from the USA …..?????

[@christianburke418]

Wow, Steve Forbes nails it. I wish everyone understood what Steve has just described. SphereMotor, the future of electricity