We have politicians that are not talking about the real economy that Americans are facing. Cars are being repossessed, houses have been foreclosed on and the number goes up everyday, real estate is in a recession. Yet, politicians push their political agenda's of abortion, electric cars, job numbers with a twist, and climate change, at the same time Americans are suffering. They refuse to cut government spending and tax hikes, instead they go in the opposite direction and spend more money and tax more. Political agenda's have become more important then the welfare of the American people and the economy. It's a sick thought process, but yet they do it.

Layoff Website: https://layoffs.fyi/

Layoff Report: https://www.businessinsider.com/layoffs-sweeping-the-us-these-are-the-companies-making-cuts-2022-5

Car Repo Statistics: https://www.titleloanser.com/stats/car-repossession-statistics/

Note, in my podcast I misquoted the repo per day number. I stated 8,000 per day, it is more like 6,000 per day. Still a high number.

2022-2021 CAR REPOSSESSION FACTS (UNITED STATES DATA)

• 2.2 million vehicles are repossessed every year (2022 updated data)
• 5,418 repossessions every day
• 226 car repossessions each hour
• 3.76 repossessions a minute
• 2021-2022 most repossessed car and truck (in order)

1. Ford F-150 – is the most repossessed truck
2. Chevy Silverado – is 2nd the most repossessed truck
3. Honda Civic – is the most repossessed car
4. Honda Accord – is 2nd the most repossessed car
5. Toyota Camry
6. Nissan Altima
7. Toyota Corolla
8. Honda CR-V
9. Dodge Ram

With yearly repossession rates at 65% compared to yearly new car sales. This means that for every 2.4 cars sold, 1 existing vehicle on the road will be repossessed each year.

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