A May 24, 2022 Gallup news release said: “latest data are from a May 2-22 Gallup poll that was conducted as the U.S. inflation rate remained near its highest point in 40 years, gas and food prices were skyrocketing, and supply chain issues persisted, including a shortage of baby formula. In addition, COVID-19 infections were rising, and a racially motivated mass shooting in a Buffalo, N.Y., supermarket left 10 Black people dead. With these issues weighing on their minds, 16% of Americans say they are satisfied with how things are going in the country, and 83% are dissatisfied.” When Donald Trump Jr. spoke recently to an AMAC audience in Orlando, FL he did what other speaks and writers often do. Don Jr. listed the changes for the worse that have occurred in the U.S. since Joe Biden, rightly or wrongly, moved into the White House. As MHProNews has reported, even significant numbers of Democrats – per public polling – have turned on Biden and his party in the wake of disastrous foreign policy blunders and significant domestic policy problems. A rash of surveys, like the one below, tell the tale.

Despite Gallup claiming that Biden has a 41 percent job approval, that seems oddly disconnected from the balance of their own data. Why would people be more satisfied with Biden than they are in the direction of the country? The 538 political site says the Ipsos’ poll puts Biden approval at 35 percent, which is still higher than the ‘wrong track’ polling direction of the nation.

Additional information, analysis and commentary in brief will follow this Gallup survey results. Comments under the Gallup graphics below are added by MHProNews as part of editorial our analysis.

 

Politics
May 24, 2022

Satisfaction With U.S. Dips; Biden Approval Steady at 41%

BY MEGAN BRENAN

STORY HIGHLIGHTS

• 16% in U.S. satisfied with direction of country; down six points since April
• Biden’s job approval, 41%, unchanged from last month
• Job approval of Congress remains low at 18%

WASHINGTON, D.C. — Americans’ assessments of the state of the U.S. and the job performance of President Joe Biden and Congress are largely negative as the nation continues to confront a panoply of serious issues. Just 16% of U.S. adults are satisfied with the way things are going in the nation, and job approval ratings of Biden (41%) and Congress (18%) remain subpar and flat.

Few in U.S. Satisfied With Direction of Country

These latest data are from a May 2-22 Gallup poll that was conducted as the U.S. inflation rate remained near its highest point in 40 years, gas and food prices were skyrocketing, and supply chain issues persisted, including a shortage of baby formula. In addition, COVID-19 infections were rising, and a racially motivated mass shooting in a Buffalo, N.Y., supermarket left 10 Black people dead.

With these issues weighing on their minds, 16% of Americans say they are satisfied with how things are going in the country, and 83% are dissatisfied. This marks a six-percentage-point decline in satisfaction since April and is the lowest measure since after the U.S. Capitol riot in January 2021.

Democrats’ satisfaction has fallen 14 points since April, accounting for most of the overall decline, and is now at its lowest point of Biden’s presidency, while Republicans’ and independents’ views have not changed appreciably. Currently, 24% of Democrats, 18% of independents and 4% of Republicans are satisfied with the direction of the U.S.

 

Biden’s Job Approval Mired in Low 40s

Biden remains underwater in his approval rating, with 54% of Americans disapproving and 41% approving of the job he is doing. The president’s job approval has not risen above 43%, nor fallen below 40%, since last August. He has not enjoyed majority-level approval since last June.

Democrats’ approval of Biden is relatively high, at 82%, while Republicans’ ratings of the president have not topped 12% since he took office, and they have been in the single digits since August, including 3% this month. Biden’s approval rating among independents is currently 39% and has not been above 50% since last June.

Americans Remain Highly Critical of Congress

With an 18% approval rating, Congress is very unpopular with the public, who mostly disapproves (77%) of the job it is doing.

Three in 10 Democrats approve of Congress, while even fewer Republicans (5%) and independents (19%) do.

Implications

With less than six months to go before the midterm elections, the public’s mood is sour, with few Americans satisfied with the direction of the country and approving of Congress, making the Democratic congressional majority extremely vulnerable. Biden’s approval rating is particularly weak among independents and is nowhere near the high level required (typically above 60%) for a president to stave off significant midterm losses in Congress.

The likelihood of a dramatic economic turnaround before November’s congressional elections appears slim, which puts pressure on Democrats to persuade voters to keep them in power despite the nation’s current struggles. ##

 

Additional Information, More MHProNews Analysis and Commentary in Brief

From the WND Newscenter is the following political cartoon, used here by MHProNews with permission. The A.F. Branco cartoon recalls a famous scene near the end of the classic black and white movie, Dr. Strangelove. An Air Force pilot frees a stuck nuclear bomb and ‘rides’ it down toward the target, in much the way that Branco depicts Biden riding this bomb toward the U.S. There are some who have speculated that former President Barack Obama is the man remotely ‘running’ the show in the Biden White House.

The Gallup wrong track comes on the heels of an NBC News poll that said that some 75 percent of the country think the nation is on the wrong track.

Gallup listed several headline issues that may be fueling that wrong track perception. But these graphics from our NAR report posted yesterday about data from their chief economist, Lawrence Yun, Ph.D., plus more from the NAR, frames an important part of the discussion of ‘satisfaction’ with the country.

 

The federal government is spending oceans of red ink, which according to several sane economists, results in what is commonly caused ‘inflation.’ When the money supplied is ‘inflated’ the effect is that the value of the dollar goes down.

NAR’s Yun – ‘55 Percent Increased Payment Cost’ YoY Same Home, Housing Sales Dip Continues – Yun Fingers Biden – May 2022 Housing, Economic, Forecasts Data Pros Need; Plus MHMarket Update

Despite the apparent failures of the Biden regime, and the sinking popularity of the Democratic agenda, the Manufactured Housing Institute (MHI) has been muted in its critique of what they called the contradictory stances between the DOE ‘final’ energy rule and the much-touted Biden claims that he will increase the supply of affordable housing, including the use of more manufactured housing.

Manufactured Housing Institute CEO Lesli Gooch Said Final Manufactured Housing Energy Rule ‘Undermines’ Biden Admin Claims on Easing Burden of Housing Costs, Contradictions Emphasized; plus MHMarkets Update

This is not the time for tepid stances and posturing messages that does little or nothing practically.  In contrast to the above, the Modular Home Builders Association’s (MHBA) Tom Hardiman ripped the Biden folks a year ago when he said that their plans were little more than political payoffs to their backers.

The Manufactured Housing Association for Regulatory Reform (MHARR) has provided some legal support that initially delayed – and might delay again – the bull-rush for the Biden-DOE to stop policies that further erode the affordability of manufactured homes for those with modest incomes. MHARR called the DOE’s stance “reprehensible.” They further labeled the DOE’s statements as being ‘deceptions,’ ‘distortions,’ and ‘misdirection.’ Those details are in the report below.

‘Reprehensible’ ‘Deception’ ‘Distortion’ ‘Misdirection’ by DOE to Advance ‘Flawed’ Manufactured Home Energy Rule’ – Scathing Manufactured Housing Assoc for Regulatory Reform Response; plus MH Stocks

The estimates of the number of Congressional seats that Democrats might lose in the House run from 20+ on the lower end to as high as 80 by some. While 80 seems high, time will tell. A mere 30 months ago, millions were better off in the pre-COVID19 Trump economy, as NAR’s Dr. Yun’s data also reflected.

According to left-leaning Politico on 5.27.2022: “Rep. Kurt Schrader, a seven-term centrist Democrat from Oregon, has lost his primary to a progressive challenger, handing a massive win to the party’s left flank.”

“…The Associated Press called the race Friday morning, roughly a week and a half after the May 17 primary day, after a protracted vote count in one of the district’s largest counties.

Schrader is the third incumbent to fall in the 2022 cycle and the first Democrat, following Reps. David McKinley (R-W.Va.) and Madison Cawthorn (R-N.C.). (Rep. Carolyn Bourdeaux of Georgia, another moderate Democrat, was also defeated in a member-vs.-member primary held a week after Schrader’s race.)”  If Democrats are moving further left, that may prove problematic for their party come the fall. It is arguably Team Biden’s embrace of the leftist agenda that is producing several problems for the nation, and thus for them politically.”

As a closing note for this segment of today’s MHProNews report, if Democratic strategist James Carville’s famous dictum during the Bill Clinton’s successful campaign for the White House holds true, then “It’s the economy, stupid” may be the epitaph on Nancy Pelosi’s Speakers gavel.

 

Next up is our daily business news recap of yesterday evening’s market report, related left-right headlines, and manufactured housing connected equities.

The Business Daily Manufactured Home Industry Connected Stock Market Updates.  Plus, Market Moving Left leaning CNN and Right-leaning (Newsmax) Headlines Snapshot. While the layout of this daily business report has been evolving over time, several elements of the basic concepts used previously are still the same. For instance. The headlines that follow below can be reviewed at a glance to save time while providing insights across the left-right media divide. Additionally, those headlines often provide clues as to possible ‘market-moving’ news items.

 

Market Indicator Closing Summaries – Yahoo Finance Closing Tickers on MHProNews…

Headlines from left-of-center CNN Business – from the evening of 5.27.2022

• More discounts
• Customers browse racks of clothing as they shop inside a discount department retail store in Las Vegas, Nevada, on May 7, 2022.
• Stores have too much stuff and demand is down. That’s great news for shoppers
• ‘This is not the retirement I envisioned.’ How retirees are getting hit by inflation
• Memorial Day gas prices hit 10-year high adjusted for inflation
• He pressured companies to cut ties with Russia. Gun violence is next
• Texas newspaper editor says ‘urgent questions’ about Uvalde massacre have not been answered
• The Fed’s favorite inflation measure fell in April, but prices are still uncomfortably high
• Elon Musk faced SEC questions over his timing in disclosing Twitter stake
• Paris Hilton wants to be the ‘Queen of the Metaverse’
• Ukraine war threatens Iran’s last economic lifeline
• Taxing the rich could help fix the food crisis. Davos didn’t want to know
• Windfall taxes are popular. But they come with risks
• Opinion: It’s time to prepare for a recession
• Justin Timberlake sells his entire music catalog
• ‘Top Gun: Maverick’ is about to give Tom Cruise his biggest opening ever
• The George R. Brown convention center in downtown Houston, Texas is seen on May 25 with the NRA decoration advertising for the Houston 22 National Rifle Association convention.
• The maker of a gun used in the Texas shooting says it will no longer attend the NRA convention
• Tesla and SpaceX Chief Executive Officer Elon Musk speaks at the SATELLITE Conference and Exhibition in Washington, Monday, March 9, 2020.
• Elon Musk says it’s ‘dumb’ to call billionaires the bad guys
• The Kremlin’s towers and passers-by are seen reflected in the window of a closed McDonald’s restaurant in Moscow on May 16, 2022.
• McDonald’s new brand name in Russia could be ‘Fun and Tasty’
• STREAMING

 

• Disney avoids Netflix’s fate as streaming subscriptions grow
• The Obamas and Spotify won’t ink a new podcasting deal
• Netflix with ads could come by the end of 2022
• Netflix may clamp down on password sharing
• To save itself, Netflix might have to play nice with an industry it battled for years
• FORMULA SHORTAGE
• Instacart: Baby formula searches surging as store shelves remain empty
• Here’s why it’s so hard to make baby formula
• Why is there a baby formula shortage?
• Mother describes search for baby formula
• Formula maker: ‘This is a crisis. We can’t flip a switch and make a lot more formula’

Headlines from right-of-center Newsmax 5.27.2022

• President Trump Speaks Today at NRA, More Here
• Poised to Address NRA Event, Trump Urges 2nd Amendment Safeguards
• Donald Trump at a recent political rally earlier this month. (AP)
• Poised to Address NRA Event, Trump Urges 2nd Amendment Safeguards
• The former president, a staunch gun-rights advocate, is set to address the NRA gathering in Houston Friday afternoon. The event has drawn considerable focus in the aftermath of the mass shooting at an Uvalde, Texas, grade school on Tuesday. [Full Story]
• Related Stories
• Police Acknowledge ‘Wrong Decision’ in Delay in Confronting Shooter
• Border Patrol Agent Rescued Daughter, Dozens More From Texas School
• Guns Are Now the Leading Cause of Death for American Children
• Texas Lt. Gov. Dan Patrick Backs Out of NRA Speech
• Senators Talk Expanded Gun Background Checks
• Trump Sends ‘Incredibly Strong’ Signal to Gun Owners With NRA Speech
• Texas Gov. Abbott Headed to Uvalde, Not NRA Convention
• Teachers Union Leaders to Protest at NRA Convention Friday
• Russian Invasion of Ukraine
• Ukraine Fears Repeat of Mariupol Horrors in the Donbas
• Russia Battles to Take Railroad Hub, Surrounds Major City
• Ukraine: Russia Needs Huge Financial Resources for Military Operation
• Ukraine Demands Germany Cut or Halt Nord Stream 1 Gas Flows
• Ukrainians Show Off Colorful Shirts to Celebrate Unity
• Ukraine Spring Grain Sowing Is Almost Completed
• Ukraine Releases Footage Showing Strike on Luhansk ‘Russian Position’
• Zelenskyy: Ukraine Needs to Face Reality and Talk to Putin
• More Russian Invasion of Ukraine
• Newsmax TV
• Jackson: ‘Moral Decline’ Leading to Mass Shootings | video
• Van Duyn: Let Uvalde Mourn Without ‘Cheap Political Shots’ | video
• Texas Police Official: Parents Could Not Have Entered Uvalde School | video
• Devin Nunes: Clinton Lawyer ‘Lied to the FBI’ About Client | video
• Mullin: Abortion ‘Not a Debate in Oklahoma’ | video
• Comer: DC Must Focus on National School Security | video
• RNC Chair McDaniel: Put Politics Aside for Now After Shootings | video
• Texas AG Paxton: Armed Teachers Could Deter Would-Be Shooters | video
• More Newsmax TV
• Newsfront
• Deliberations Underway in Trial Linked to Trump-Russia Probe
• A lawyer for Hillary Clinton’s 2016 presidential campaign hid his partisan interests from the FBI as he pushed “pure opposition research” related to Donald Trump and Russia in the weeks before the election, a prosecutor asserted Friday during closing arguments of the…… [Full Story]
• Tom Cruise Sets Sights on 1st $100M Opening Weekend
• Tom Cruise has generated more than $4.2 billion at U.S. box offices, [Full Story]
• WHO: Monkeypox Can Be Contained If We Act Now
• A World Health Organization senior official said on Friday that the [Full Story]
• Related
• CDC Publishes Guidelines on Monkeypox Vaccine
• NRA Convention Begins, Trump to Speak Friday
• Despite calls for a delay, a move or an outright cancellation of the [Full Story]
• Related
• Maker of Rifle Used in Texas School Shooting to Skip NRA Convention
• Teachers Union Leaders to Protest at NRA Convention Friday
• Fresh Off Abbott Clash on Uvalde, Beto Joins NRA Event Protest
• Trump Sends ‘Incredibly Strong’ Signal to Gun Owners With NRA Speech
• By forging ahead with his speech at the National Rifle Association [Full Story] | Platinum Article
• US Intel to See if North Korea Tested Missile With New Properties
• The U.S. intelligence community will attempt to determine if North [Full Story]
• Experts: First-Time Home Buyers Should Be Patient With COVID-Era Housing Market
• Sales of new homes fell in April for the fourth month in a row, [Full Story]
• Poised to Address NRA Event, Trump Urges Protection of 2nd Amendment
• In what may well be a preview of the theme he’ll emphasize Friday as [Full Story]
• ‘Breaking Nuclear Taboo’ Would Make Russia Most Feared Country on Earth
• The consensus among experts across the political spectrum is that [Full Story] | Platinum Article
• Poll: 84 Percent of Voters ‘Very’ or ‘Somewhat’ Concerned About Baby Formula Shortage
• Eighty-four percent of voters say they are “very” or “somewhat” [Full Story]
• NYPost: Biden Claim He Applied to Naval Academy in 1965 Doesn’t Pass Muster
• The New York Post in a report Friday questioned President Joe Biden’s [Full Story]
• Chinese Investor Pulled Funding for ‘Top Gun: Maverick’
• A Chinese tech firm pulled out of co-financing the $170 million Tom [Full Story]
• Beto O’Rourke Flips on AR-15 Ownership, Makes Stealth Changes to Website
• Beto O’Rourke has flipped his stance on Texas citizens owning [Full Story]
• Prosecutors: Avenatti Should Serve Consecutive Sentences
• Michael Avenatti, the celebrity lawyer who took on former U.S. [Full Story]
• More Memorial Day Travel Expected, Despite High Gas Prices
• To drive, or not to drive? This Memorial Day weekend, with surging [Full Story]
• FBI Probing if Retired Fed Knew of Buffalo Shooting Plan in Advance
• The FBI is investigating if a retired federal agent had about 30 [Full Story]
• Ukraine Using E-Bikes in War Against Russia
• Ukrainian fighters are using electric bikes in the war against [Full Story]
• Mail Carrier Charged With Scheming to Steal $800K in Unemployment Insurance
• A United States Postal Service mail carrier and a Valencia, [Full Story]
• Senators Urge Biden to Keep Trump’s China Tariffs
• A bipartisan group of nine senators on Wednesday called on President [Full Story]
• Viral Clip Purportedly Captures Missile Launch in South China Sea
• A viral video released this week on social media claims that an [Full Story]
• Texas Lt. Gov. Dan Patrick Backs Out of NRA Speech
• Texas Lt. Gov. Dan Patrick canceled his speech to the National Rifle [Full Story]
• Recount Begins in Pennsylvania’s GOP Primary for Senate
• Recounting began Friday in the too-close-to-call Republican primary [Full Story]
• Texas Police Official to Newsmax: Parents Could Not Have Entered Uvalde School
• Christopher Olivarez said he sympathizes with parents who were [Full Story] | video
• US Army Signs $687M Deal to Restock Stingers After Ukraine Shipments
• The U.S. Army has signed a deal to buy $687 million worth of [Full Story]
• Elon Musk Calls Possible Recession ‘Good’
• Billionaire Elon Musk, in a Twitter exchange, says he thinks the U.S. [Full Story]
• Key Inflation Gauge Slows to Still-High 6.3%
• An inflation gauge closely tracked by the Federal Reserve rose 6.3% [Full Story]
• New Super PAC Aims to Bolster GOP Senate Candidates in Key States
• A new super PAC has been launched by Heritage Action for America to [Full Story]
• Texas Gov. Abbott Headed to Uvalde, Not NRA Convention
• Texas Gov. Greg Abbott is not speaking in person on Friday afternoon [Full Story]
• Turkey Seeks Concrete Action From Sweden, Finland for NATO Bids
• Turkey expects Sweden and Finland to take concrete action and halt [Full Story]
• New China Security Plan Brings It Much Closer to Hawaii
• When China signed a security pact with the Solomon Islands in April, [Full Story]
• Shanghai Takes Baby Steps Towards Ending COVID Lockdown
• Shanghai took more gradual steps on Friday towards lifting its [Full Story]
• Removing Moles and Skin Tags Has Never Been Easier (Just Do This!)
• Trending Stories
• More Newsfront
• Finance
• US Retailers’ Ballooning Inventories Set Stage for Deep Discounts
• Major U.S. retailers that recently scrambled to restock shelves amid product shortages disclosed this week that their stores are now packed with too much merchandise, and some are even doing what was unthinkable just a few months ago: discounting unsold goods…. [Full Story]
• Wall St Week Ahead: Hopes That Fed Is Past Peak Hawkishness
• Musk: SpaceX to Accept Dogecoin for Merch Soon
• Erik Oswald: It’s Time to Retire TINA and Put GITA in Charge
• SEC Rejects Carbon-Neutral Bitcoin ETF by One River
• More Finance
• Health
• Guns Are Now the Leading Cause of Death for American Children
• Firearms have surpassed motor vehicle crashes as the leading cause of death among American youngsters, with official data showing a strong rise in gun-related homicides such as the killing of 19 children in a Texas school rampage.Overall, 4,368 children and adolescents up…… [Full Story]
• A Memorial Day Cookout Favorite Could Kill Your Pet
• 10 Important Facts About the COVID-19 Drug Paxlovid
• Poll Reveals Dangerous Tanning, Sunburns on the Rise
• Dominant Omicron Subvariant More Contagious, Evades Immunity

 

 

MHProNews has pioneered in our profession several reporting elements that keep our regular and attentive readers as arguably the best informed in the manufactured housing industry. Among the items shared after ‘every business day’ (when markets are open) is our left-right headline recap summary. At a glance in two to three minutes, key ‘market moving’ news items are covered from left-of-center CNN Business and right-of-center Newsmax. “We Provide, You Decide.” ^© Additionally, MHProNews provides expert commentary and analysis on the issues that others can’t or won’t cover that help explain why manufactured housing has been underperforming during the Berkshire era while an affordable housing crisis and hundreds of thousands of homeless in America rages on. These are “Industry News, Tips, and Views Pros Can Use” ^© features and others made and kept us the runaway #1 in manufactured housing trade publisher for a dozen years and counting. 

 

Manufactured Housing Industry Investments Connected Equities Closing Tickers

Some of these firms invest in manufactured housing, or are otherwise connected, but may do other forms of investing or business activities too.

• • • • • • • • • • • • • • NOTE: The chart below includes the Canadian stock, ECN, which purchased Triad Financial Services, a manufactured home industry lender
                          • NOTE: Drew changed its name and trading symbol at the end of 2016 to Lippert (LCII).
                          • NOTE: Deer Valley was largely taken private, say company insiders in a message to MHProNews on 12.15.2020, but there are still some outstanding shares of  the stock from the days when it was a publicly traded firm.  Thus, there is still periodic activity on DVLY.

Manufactured Home Communities (a.k.a. ‘Mobile Home Parks’ – SIC) – Exploring UMH Properties; Fellow Manufactured Housing Institute Member Yes! Communities Suits and Settlements; plus MH Markets Updates

‘Announcing!’ ‘Manufactured Community Owners’ Association of America’ ‘Finally Bringing Fight To Manufactured Home Community Sector of the Industry’ – plus Sunday Weekly Manufactured Housing Headlines Review  

 

• • 2022 …Berkshire Hathaway is the parent company to Clayton Homes, 21^st Mortgage, Vanderbilt Mortgage and other factory-built housing industry suppliers.
    · LCI Industries, Patrick, UFPI, and LP each are suppliers to the manufactured housing industry, among others.
    · AMG, CG, and TAVFX have investments in manufactured housing related businesses. For insights from third-parties and clients about our publisher, click here.
    Enjoy these ‘blast from the past’ comments. MHProNews. MHProNews – previously a.k.a. MHMSM.com – has celebrated our 11th year of publishing and have completed over a dozen years of serving the industry as the runaway most-read trade media.

Sample Kudos over the years…

It is now 12+ years and counting…

Learn more about our evolutionary journey as the industry’s leading trade media, at the report linked below.

· For expert manufactured housing business development or other professional services, click here.
· To sign up in seconds for our industry leading emailed headline news updates, click here.

Disclosure. MHProNews holds no positions in the stocks in this report.

That’s a wrap on this installment of “News Through the Lens of Manufactured Homes and Factory-Built Housing” © where “We Provide, You Decide.” © (Affordable housing, manufactured homes, stock, investing, data, metrics, reports, fact-checks, analysis, and commentary. Third-party images or content are provided under fair use guidelines for media.) (See Related Reports, further below. Text/image boxes often are hot-linked to other reports that can be access by clicking on them.)

By L.A. “Tony” Kovach – for MHProNews.
Tony earned a journalism scholarship along with numerous awards in history. There have been several awards and honors and also recognition in manufactured housing. For example, he earned the prestigious Lottinville Award in history from the University of Oklahoma, where he studied history and business management. He’s a managing member and co-founder of LifeStyle Factory Homes, LLC, the parent company to MHProNews, and MHLivingNews.com. This article reflects the LLC’s and/or the writer’s position and may or may not reflect the views of sponsors or supporters.