Perhaps the BEST B1G Forum anywhere, here at College Football Fan Site, CFB51!!!

Tangential nice business story.

There was a chocolate maker in Texas that was falling on hard times a few years back. they realized that some of their techniques and equipments could be adapted for barbecue.

They ended up being ranked among the best BBQ in the state one year, and still sell upscale chocolate on the side.

Tejas Chocolate and BBQ, in Tomball, TX, outside of Houston.

I've had it, it's legit. 


https://www.tejaschocolate.com/

that's the only reason I've been to Houston

How do you think the US economy is doing???

https://www.youtube.com/shorts/BBD2-OOYBXE?feature=share

Did my local Income Tax receipts analysis for August:

Four of the last five months are down compared to the same month a year ago. The lone exception was due to an extra Friday (payday) this year as compared to last.

Municipal Income Tax receipts for the last twelve months (ttm) are now about 2% off peak and dropping. 

The local economy here is definitively slowing down. In theory this particular locality could be an anomaly among a growing national economy but that us unlikely for several reasons including:

• Typically the local economy tracks the national economy fairly closely. 
• There aren't any local plant closures or anything like that to explain the drop. It isn't a matter of one or two large taxpayers taking big hits, instead it is a broad based drop across many taxpayers. 

IMHO, the national economy is slowing down but, and this is important, I don't see any sudden crash. This isn't like 2008 when everything was hunky dory one day and the next day Lehman Bros. went broke, credit dried up, and a slew of mortgage backed securities suddenly defaulted seemingly in unison. 

Instead, what I am seeing is a broad but shallow slowdown. 

I'm anticipating a slide into mild recession starting early next year and peaking about a year later.  This will happen regardless of which party wins the presidential election.

Probably.   The different approaches impacted how we got here, and most certainly how we handle it when it happens- how quickly it is corrected.