E.J. Antoni

Well, you get essentially this kind of economic snowball where you create jobs in the area. Those people now are going to spend their income in that area, you know, disproportionately. And so that will create other jobs because other businesses are going to see more revenue, more demand. And this just snowballs. Now those businesses are hiring more folks.

which means more people in the area, which means more development, more spending, more income, etc. So exactly the opposite of what we see when the economy is turning down in a recession, let's say, where job losses lead to more job losses and it snowballs downwards. This is an upward spiral instead of a downward spiral. So looking at the U.S.

which means more people in the area, which means more development, more spending, more income, etc. So exactly the opposite of what we see when the economy is turning down in a recession, let's say, where job losses lead to more job losses and it snowballs downwards. This is an upward spiral instead of a downward spiral. So looking at the U.S.

which means more people in the area, which means more development, more spending, more income, etc. So exactly the opposite of what we see when the economy is turning down in a recession, let's say, where job losses lead to more job losses and it snowballs downwards. This is an upward spiral instead of a downward spiral. So looking at the U.S.

steel deal, for example, that they're hammering out right now with Nippon Steel, That's going to add about a billion dollars just to the Pittsburgh, the greater Pittsburgh area.

steel deal, for example, that they're hammering out right now with Nippon Steel, That's going to add about a billion dollars just to the Pittsburgh, the greater Pittsburgh area.

steel deal, for example, that they're hammering out right now with Nippon Steel, That's going to add about a billion dollars just to the Pittsburgh, the greater Pittsburgh area.

It has essentially stabilized. So it is no longer getting worse, which it was up until January, maybe February. Wow. So it is basically stabilized right now. You're still seeing people, if you look in aggregate across the country, it's about $300 billion annually that people are paying in finance charges just on credit cards. And that's just the finance charges.

It has essentially stabilized. So it is no longer getting worse, which it was up until January, maybe February. Wow. So it is basically stabilized right now. You're still seeing people, if you look in aggregate across the country, it's about $300 billion annually that people are paying in finance charges just on credit cards. And that's just the finance charges.

It has essentially stabilized. So it is no longer getting worse, which it was up until January, maybe February. Wow. So it is basically stabilized right now. You're still seeing people, if you look in aggregate across the country, it's about $300 billion annually that people are paying in finance charges just on credit cards. And that's just the finance charges.

That's like your interest in your late fees. Yes. That has nothing to do with anybody trying to pay down the balances on their credit card. So it's a very, very terrible situation. Yeah. The silver lining here is twofold. One, it's not getting worse, like we just said. And the other thing was what you mentioned earlier. Incomes are now rising faster than prices.

That's like your interest in your late fees. Yes. That has nothing to do with anybody trying to pay down the balances on their credit card. So it's a very, very terrible situation. Yeah. The silver lining here is twofold. One, it's not getting worse, like we just said. And the other thing was what you mentioned earlier. Incomes are now rising faster than prices.

That's like your interest in your late fees. Yes. That has nothing to do with anybody trying to pay down the balances on their credit card. So it's a very, very terrible situation. Yeah. The silver lining here is twofold. One, it's not getting worse, like we just said. And the other thing was what you mentioned earlier. Incomes are now rising faster than prices.

And we're seeing that when we look at disposable income specifically, that statistic is rising even after adjusting for inflation. And so as people get more money in their pocket, they can start to pay down that debt. It's going to be very painful. It's not as if we can flip a switch and it's all perfect now, and I'm not going to try to paint that overly rosy picture for you.

And we're seeing that when we look at disposable income specifically, that statistic is rising even after adjusting for inflation. And so as people get more money in their pocket, they can start to pay down that debt. It's going to be very painful. It's not as if we can flip a switch and it's all perfect now, and I'm not going to try to paint that overly rosy picture for you.

And we're seeing that when we look at disposable income specifically, that statistic is rising even after adjusting for inflation. And so as people get more money in their pocket, they can start to pay down that debt. It's going to be very painful. It's not as if we can flip a switch and it's all perfect now, and I'm not going to try to paint that overly rosy picture for you.

But things at least have stopped getting worse and now are starting to get better.

But things at least have stopped getting worse and now are starting to get better.

But things at least have stopped getting worse and now are starting to get better.

So we are still seeing growth in foreign born employment, but the native born component of that has really picked up. And it's actually the same thing when we look at like part time and full time jobs. Yeah. Right. Especially in the last half of the Biden administration, full time jobs were going down. All the job growth was part time.