Biden is LYING about the Economy

[Moonglow]

It’s a way of life under Tater.

Prices have been going up my entire life and Biden is not the reason.

 

[John Edgar Slow Horses]

Um obama doubled the national debt..Trump added 25 percent to deal with a global pandemic


But neither gave us 40 year record inflation that’s all xiden

That is world wide macro economics.

 

[struth]

Obama inherited the Bush crash, when Bush and the republicans destroyed the economy under their failed leadership.
Obama inherited the massive deficits from Bush.

Trump blew up the deficit before covid with massive spending bills like Bush.

Trump and Bush destroyed our balance sheet with their failed policy and mega debt

Biden has the best labor market in US History, record low unemployment, and lower deficits than Trump.

Obama doubled the nation debt with his endless wars, and Russian reset

 

[scruffy]

Bullshit. Are you stupid or just a liar?

You're the reality denier, stupid leftard with shit for brains.

You'd believe CNN and this lying leftard government over a trip to the grocery store and what you see with your own eyes.

Dairy prices have DOUBLED since Biden took office, and before you try to deny it I'm just going to call you a lying leftist fucktard cause that's what you are.

 

[DBA]

She did? Trump wasn't in the White House, handing out money to his golf club members. "I made you guys a whole lotta money today":

"You all just got a lot richer," Trump tells friends, referencing tax overhaul

Trump kicked off his holiday weekend at Mar-a-Lago Friday night at a dinner

www.cbsnews.com

You mean those that are in a higher tax bracket got a tax cut just like those in lower brackets? Oh the horror of it all!

 

[Freedomisneverfree]

 

[Lesh]

Still more than twice what Trump left for Tater.

It's just over 3%. That's not high

 

[skye]

Biden is LYING about the Economy

Inflation on the rise, job growth stagnating—Trish Regan dissects the latest economic numbers to uncover the real story behind Joe Biden's false claims of success.





Consumer inflation is on the rise again.

Bidenflation Keeps Going: Inflation Edged Higher in July

The inflation fight is getting tougher. | Economy

www.breitbart.com

The personal consumption price expenditures (PCE) price index rose 3.3 percent in July compared with 12 months earlier, the Bureau of Economic Analysis said Thursday. This was the first acceleration in PCE inflation since April and follows the three percent reading in June.

The PCE price index climbed 0.2 percent compared with a month earlier, matching the June gain and up from May’s 0.1 percent. Before rounding, month-to-month inflation actually edged up a bit, rising 0.213 percent compared with June’s 0.205 percent.

Services prices rose 0.4 percent for the month and goods prices declined by 0.3 percent. Food prices climbed 0.2 percent. Energy prices rose 0.1 percent.

Core PCE inflation, which excludes food and energy costs, rose 4.2 percent on an annual basis, up from June’s 4.1 percent reading. On a monthly basis, core PCE prices were up 0.2 percent, matching the June figure after rounding and slightly exceeding it prior to rounding.

Biden lying?

 

[jc456]

Na, our resident finiancial expert Mac1958 would disagree with you. Biden has us on the right track economically, but then again, these are the same lemmings that believed the completely uninformed sentiment that this inflation was transitory.

If you ain’t got the people struggling, then you don’t have a good economy. I guess

 

[Dragonlady]

You mean those that are in a higher tax bracket got a tax cut just like those in lower brackets? Oh the horror of it all!

Oh no, they're weren't alike at all. The rich people received a huge amount of money. People like you got peanuts.

And the rich people's tax cuts are permanent. Yours expire by 2025.

 

[Votar Roja]

If you ain’t got the people struggling, then you don’t have a good economy. I guess

 

[Votar Roja]

Biden's 'ridiculous' policy inflating oil prices, cause higher prices for food and gas​

 

[Votar Roja]

JD Vance: 'Bidenomics' is a failure​

 

[Votar Roja]

 

[Votar Roja]

Bidenomics in Action: US Household Incomes Tumble for the Third Straight Year​

Bidenomics in Action: US Household Incomes Tumble for the Third Straight Year

Biden has been touring the country claiming that Bidenomics is "working" for America, but the actual news seems to put that in doubt.

www.westernjournal.com

President Joe Biden and his administration are spending a lot of time touting the supposed “success” of Joe’s “Bidenomics” economy ahead of the 2024 campaign season, meanwhile, the actual economic numbers seem to show that the exact opposite is true. Bidenomics is putting a serious hurt on Americans.

The latest blow to Biden’s claim that his economic policies are helping Americans get ahead comes from the U.S. Census Bureau which finds that American household income has fallen for the third straight year and the cost of living has soared with the highest inflation rate in forty years.

Census Bureau data reported on Tuesday shows that the U.S. real median household income fell by 2.3 percent to $74,580 in 2022, down from $76,330 in 2021. Inflation also rose 7.8 percent, the highest annual rise since 1981, Fox News reported.

“Despite the drop in income, the official poverty rate was not statistically different in 2022 than the year before, at 11.5%, with 37.9 million Americans living in poverty, according to the report. However, the Supplemental Poverty Measure (SPM) rate, which accounts for participation in government programs, doubled from 5.2% in 2021 to 12.4% in 2022,” Fox added.

The data reveals that in the era of Bidenomics, more Americans took on full-time work last year, up 3.4 percent over 2021. The Bureau also found that more women are working full-time than ever. In 2022, 65 percent of women were working a full-time job, the highest rate ever recorded, which shows that more women than ever are being taken out of the home.

This would tend to show that Biden’s economy is so bad, more women are being forced into full-time work for families to make ends meet.

Wage growth also did not come anywhere near keeping up with inflation. Wages grew at a rate of 6.4 percent last year, but with inflation topping out at 9.1 percent, that means workers actually lost money even if they did get a raise.

 

[DBA]

pure fact
Inflation is at 0.2% mom, that is the FEDs target.

United States Core Consumer Price Index (CPI) MoM

Get the Core CPI (MoM) results in real time as they're announced and see the immediate global market impact.

www.investing.com

Biden also has unemployment at a 50 year low and the best labor market in US history

News: Unemployment is at its Lowest Level in 54 years

Today, the U.S. Department of Labor’s Bureau of Labor Statistics released the monthly Jobs Report which shows the unemployment rate has dropped to 3.4% with more than a half million jobs created in January and 800,000 manufacturing jobs created in the last two years.

www.commerce.gov

You have nothing but tears.
watch when the FED cuts rates and the economy booms like in 1995, under another democrat.

All our failure and debt and failed wars and crashes are under republicans. All our boom and best times are under democrats.

Virtually everyone was doing better under Trump pre-COVID. We are coming out of COVID, as is the world, and the economy got better in spite of Biden’s policies, not because of them. Inflation was out of control forcing the feds to tighten and tighten a TON. The effects of this tightening will be felt for years with a decrease in GDP. Prices went way up, and though the inflation rate has settled, the prices that increased dramatically during the first 2-2.5 years of Biden’s administration will not come back down, only perhaps increase less as the economy slows(comes down from the adrenaline rush) and the fed completely stops tightening. Big investors that I know are all pulling back on ventures and putting their money in high yield vehicles with no risk. Why risk money on an average 6-7% yield when you can get 5%-6% with absolutely no risk? I have some money in a savings account earning 4% APR. This is money I would have previously had invested, but it is not worth the risk in today’s volatile market. The effects of investors pulling back will come home to roost soon enough.

This administration tells people that they are doing better and many believe it, but if they were honest with themselves and took at look at their economic picture in 2019, most would recognize that they are doing far worse and can’t afford many of the same things they could in 2019. As the Biden administration continues their ridiculous war on fossil fuels, their propensity to raise taxes and their out of control spending and things will only get worse. The only classes are really benefitting from this guy’s policies are the very poor and the very rich as the poor get more freebees and the rich get high interest rates with no risk. Those not in one of these classes that vote for Biden either have their social agenda as their #1 priority, are suffering from major TDS that effects their judgement, are just plain ignorant, or all three.

 

[gipper]

ok retard what the fuck is your point.
You people did love the war in Iraq
and MAGA trash did attack me and call me unpatriotic because I opposed the war, that you loved.

SO what the fuck is your point. You are stupid

If you don’t care about the poor, things are great.
US poverty rate jumped in 2022, child poverty more than doubled: Census

 

[Nostra]

It's just over 3%. That's not high

3.6%. Not bad compared to where Tater took it, bad compared to what Trump left Tater.

 

[Lesh]

Probably not.

Gas and food have skyrocketed since Pedophile Biden stole the presidency.

“Stole the Presidency”

Yeah you’re a cult member

 

[jc456]

Biden's 'ridiculous' policy inflating oil prices, cause higher prices for food and gas​

got make the people suffer so you look like a champion when you fix what you planted.