ADVERTISEMENT

Biden Train Wreck

If you just say shit, it becomes true

The index for food at home (groceries) is 7.1% higher year-over-year, although from March to April, grocery costs actually decreased by 0.2%. That means grocery shoppers should be seeing lower prices, but restaurant patrons are still paying more for food than they did a year ago.

 
If you just say shit, it becomes true

The index for food at home (groceries) is 7.1% higher year-over-year, although from March to April, grocery costs actually decreased by 0.2%. That means grocery shoppers should be seeing lower prices, but restaurant patrons are still paying more for food than they did a year ago.

Your source sucks! I just left the grocery store dude. LOL!!
 
Your source sucks! I just left the grocery store dude. LOL!!
And I'm quite sure you calculated your groceries costing 12.2% more than they did this time a year ago, lol.

Do you really want to talk about sources?
 
And I'm quite sure you calculated your groceries costing 12.2% more than they did this time a year ago, lol.

Do you really want to talk about sources?
Yes. TGP is the best and yours are fake news.
 
Devout Catholic and Child Sniffer Joe Biden Defends Sex Change Mutilation for Children in Proclamation on “Lesbian, Gay, Bisexual, Transgender, Queer, and Intersex Pride Month”

 
LMFAO!!

Karine Jean-Pierre Says Grocery Prices Have Skyrocketed Under Biden Because of “Avian Flu” and “Poor Weather” (VIDEO)
 
H0gSgsI.jpg
 
For all the Communists and Marxists on TI, we are running a special package deal where, if you all get together, you can down and view the Titanic on the newly acquired tourist vessel. Please sign up today. It's a deal you can't beat. Of course you need to sign a waver... 😀

K-55-side.jpg
 
  • Like
Reactions: TigerGrowls
At least he can remember who he was married to

Former President Trump confused E. Jean Carroll, the writer who has accused him of rape, with ex-wife Marla Maples

FAKE NEWS!!! You become associated with fake when you keep posting fake stuff. Just saying.....and all you have left is attempted whataboutism.
 

“Bidenomics” Has Created The Worst Economic Decline Since The Great Depression"​



June 28, 2023

“Bidenomics” is the opposite of President Trump’s Historic Economy. President Trump’s Success is low taxes, low regulations, low inflation, maximizing American energy production for affordable energy, fair trade, and no job-killing globalist agreements.

“Bidenomics” is high taxes, crippling regulations, crushing inflation, war on American energy, soaring energy costs, job killing globalist intentional agreements like the Paris Climate Accord, and total economic surrender to China and other foreign countries. America First economics vs. America Last.

Every plank of President Trump’s economy makes it easier, more attractive for American jobs, American workers and American families in the U.S. Every plank of “Bidenomics” hurts jobs and workers in America and rewards outsourcers and foreign producers.

Biden and the Radical Democrat Congress singlehandedly created the highest inflation in decades. They spent trillions of dollars and pursued the socialist joke known as the Green New Deal. Now the inflation and high interest rates that Biden caused have resulted in the Biden Banking Crisis—a disaster of historic proportions.

- Through Biden’s energy-crippling policies, Americans suffered the highest national average price of gasoline ever recorded in American history.[1]

- Biden’s runaway spending for his radical agenda caused inflation to reach 14.9%.[2]

- America has experienced three of the four worst bank failures in our nation's history under Biden.[3]

- 70% of Americans reported feeling financially stressed under Biden,[4] and 58% of Americans reported living paycheck to paycheck.[5]

- Nearly 25 million Americans are behind on their credit cards, auto loans, or personal loans – a number not seen since 2009.[6]

- 54 percent of Americans reported using savings to pay for everyday expenses such as groceries and rent.[7]

- Americans have lost over $10,000 on average for the increased cost of living since “Bidenomics” began.[8]

- A record number of Americans said they are worse off financially since Biden became president.[9]

- According to a Harvard CAPS-Harris poll,[10] 74% say their financial situation is not improving, with almost half saying their financial situation is getting worse under “Bidenomics.”

- The average American family lost $7,100 in purchasing power under Biden due to inflation and high interest rates.[11]

- According to a recent Fox News poll, 83% of voters say the economy is in only fair or poor shape.[12] Overall, a large 90% majority is concerned about inflation, including 85% of Democrats.

- Americans have lost on average over $2,250 by paying increased energy costs since Biden took office.[13]

- Gas prices are up more than $1 per gallon since Biden took office.[14]

- 1 in 4 Americans have cut back on retirement savings because of inflation.[15]

- Under “Bidenomics,” nearly 20 million households are behind on their utility bills.[16]

- Savings are down, real wages are down, and economic confidence is down.[17][18][19]

- According to a recent CNN poll conducted by SSRS, 66% of Americans disapprove on how Biden’s handled the economy, with 76% describing the economy as in poor shape.[20]


[1] https://www.forbes.com/sites/dereks...it-an-all-time-national-high/?sh=3d3e91ef654b
[2] https://waysandmeans.house.gov/chai...death-and-taxes-as-part-of-lifes-certainties/
[3] https://www.foxnews.com/politics/biden-presided-three-four-worst-bank-failures-us-history
[4] https://www.cnbc.com/2023/04/11/70p...nancially-stressed-new-cnbc-survey-finds.html
[5] https://www.cnbc.com/2023/04/11/58p...paycheck-to-paycheck-cnbc-survey-reveals.html
[6] https://www.washingtonpost.com/opinions/2023/03/08/economy-recession-consumer-debt-loans/
[7] https://www.cnbc.com/2023/02/16/54p...nto-savings-to-pay-for-everyday-expenses.html
[8] https://www.jec.senate.gov/public/index.cfm/republicans/state-inflation-tracker
[9] https://abcnews.go.com/Politics/rec...e-political-discontent-poll/story?id=96884607
[10] https://harvardharrispoll.com/topline-june-2/
[11] https://www.heritage.org/progressivism/commentary/6-failures-bidens-presidency-year-2
[12] https://www.foxnews.com/official-polls/fox-news-poll-views-economy-are-going-bad-worse
[13] https://www.jec.senate.gov/public/index.cfm/republicans/state-inflation-tracker
[14] https://gasprices.aaa.com/
[15] https://fortune.com/recommends/bank...k-on-retirement-savings-because-of-inflation/
[16] https://www.cnn.com/2023/05/23/business/utility-bills-arrears-summer/index.html
[17] https://news.northwesternmutual.com/planning-and-progress-study-2022
[18] https://data.bls.gov/timeseries/CES0500000012?output_view=pct_12mths
[19] https://news.gallup.com/poll/1609/consumer-views-economy.aspx
[20] https://www.cnn.com/2023/06/28/politics/joe-biden-economic-speech-chicago/index.html
 

China Joe and his gang pinky promise they are not hiding anything else.​

Face Indentations Force White House to Disclose Biden Has Serious Medical Condition and Uses CPAP Machine for Sleep Apnea​


 

Reagan Economist Takes Down President’s Claims About Bidenomics by the Numbers​

By Randy DeSoto, The Western Journal Jun. 29, 2023 7:25 pm

Former Reagan administration economist Larry Kudlow destroyed President Joe Biden’s claims Wednesday that Bidenomics is “working” and superior to Reaganomics.
In a speech in Chicago, Biden said, “I knew we couldn’t go back to the same failed policies when I ran, so I came into office determined to change the economic direction of this country, to move from trickle-down economics to what everyone on Wall Street Journal and Financial Times began to call ‘Bidenomics.'”
Trickle-down economics” is the derisive term leftists use to try to dismiss the economic boom the nation experienced under President Ronald Reagan in the 1980s, when the economy grew an entire third larger, adding over 16 million jobs.

“And guess what? Bidenomics is working,” the president claimed. “When I took office, the pandemic was raging and our economy was reeling, supply chains were broken, millions of people unemployed, hundreds of thousands of small businesses on the verge of closing after so many had already closed — literally, hundreds of thousands on the verge of closing.
“Today, the U.S. has the highest economic growth rate, leading the world economies since the pandemic. The highest in the world.”
A Faith-Based Gold Company Is On A Mission To Change the Way Americans Protect Their Retirement
It’s not clear exactly what criteria Biden was using, but according to Statista, India’s GDP growth rate in 2022 was 6.8 percent, Canada’s was 3.4 percent and China’s was 2.99 percent, while in the U.S. it was 2.1 percent.

The Commerce Department reported Thursday that the GDP growth rate for the first quarter of 2023 was 2 percent.
So Biden appears to be prevaricating again.
He also claimed that his administration has created 13.4 million jobs since taking office.
“More jobs in two years than any president has ever made in four — in two,” the president said Wednesday.
The GOP-controlled House Budget Committee and other fact-checkers have pointed out Biden’s characterization of new jobs his administration created is misleading because most were simply jobs added back following the pandemic.
“Nearly 72 percent of all job gains since 2021 were simply jobs that were being recovered from the pandemic, not new job creation. In fact, when looking at today’s economy compared to pre-pandemic levels, employment is up only by 3.7 million,” the committee said.
“On the other hand, prior to the pandemic, job creation under President [Donald] Trump was 6.7 million — 3 million more jobs than the current President,” it said.
In fact, when Biden took office in January 2021, the unemployment rate had already dropped from a pandemic high of 14.7 percent in April 2020 to 6.3 percent. It is now 3.7 percent.
So the economy was not “reeling” but well on the way to recovery when Biden became president, with Trump’s pro-growth policies still in place.
Kudlow, who was Trump’s top economist in addition to working for Reagan, noted on his Fox Business program Wednesday the “reeling” GDP growth rate when Trump left office was 6.5 percent. CNBC reported it at 6.3 percent during the first quarter of 2021 before Biden’s policies began to kick in.
The landmark Biden policy was the $1.9 trillion American Rescue Plan, which the president signed into law in mid-March 2021, Kudlow pointed out.

“After Joe Biden’s $2 trillion American Rescue Plan, which was his landmark policy, a 6.5 percent economy delivered by Donald Trump sputtered to a 1 percent growth rate in Biden’s first full year, 2022 and early 2023,” he said.
“And after Trump hand-delivered a 1.4 percent inflation rate, under Bidenomics, it soared to a 9 percent inflation rate, which destroyed family affordability and worker income,” the Fox Business host said.
The overall GDP growth rate for 2021 was 5.9 percent.
However, the annual growth decreased to 1.6 percent in the first quarter of 2022 and 0.9 percent the following quarter, while inflation peaked at 9.1 percent in June 2022.
Now that Republicans have taken over the House and the Bidenomics spending frenzy has been curtailed, inflation is back down to 4 percent, which is still much higher than it was under Trump.


The New York Post reported in April that real wages under Biden had declined every month since April 2021 following passage of the American Rescue Plan as inflation outstripped wage increases.
Kudlow compared Biden’s policies to Reagan’s supply-side approach, which Biden dismissed as trickle-down economics.
“Joe Biden may be attacking Reaganomics, but think of this: After Ronald Reagan’s tax cuts went into place in 1983, the economy grew at 6 percent at an annual rate for the next two years,” he said. “Not 1 percent. Six percent.
“And then after a second round of tax cuts in 1986, the economy grew at a 5 percent annual rate for the entire seven-year period of his presidency from 1982 to 1989.”
The Reagan Foundation chronicled that the net worth of families earning between $20,000 and $50,000 annually rose by 27 percent and inflation dropped from 13.5 percent in 1980 to 4.1 percent in 1988, Reagan’s last year in office.
Reagan economist Art Laffer summarized it all concerning economic policy choices on Kudlow’s show Wednesday.
“Reagan healed the sick and Biden has infected the healthy,” he said.
This article appeared originally on The Western Journal.
 
ADVERTISEMENT
ADVERTISEMENT