Sad milestone as inflation hits 20% under Joe Biden's incompetent leadership

[marvin martian]

Yea….inflation is like that
Have any data showing the US is suffering from global inflation while the rest of the world is immune?


The US still has the strongest economy in the industrialized world…..including China

Yup, the global disasters Joe Biden caused led to global inflation (millions of vaccinated people dead from Covid after Biden told the world they were immune, two new wars, Hamas terrorists taking over American universities, China and Russia on the loose, etc.).

This is your fault.

 

[Freedomisneverfree]

Can we spell COLA?

 

[BluesLegend]

Then why did Dems add 15 million JOBS

Dem's DIDNT that's a Dem LIE. Dems did add shit tons of GOVERNMENT jobs hence adding to the rolls of people dependent on government.

 

[Faun]

The complexity of politics of government you have proven to beyond your comprehension.

Rough day for ya, huh?

Stock market today: S&P 500 breaches 5,300 as stocks rally to records after CPI

Stocks edged higher on Wednesday as investors digested fresh readings on inflation and consumer spending.

finance.yahoo.com

 

[jackflash]

Biden's inflation rate and approval rate are dangerously close to crossing over each other.

There's only one way out of this...

https://thehill.com/opinion/4663651-inflation-hits-20-percent-under-biden-pushing-small-businesses-to-the-brink/

On Wednesday, the country hit a sad milestone: Inflation under President Biden hit 20 percent. The dollar’s value has plummeted under his watch. The Bureau of Labor Statistics also confirmed that the consumer price index is resurgent and growing faster than average wages. Combined with weak GDP growth, this data shows the U.S. economy is reentering stagflation.

Historic inflation is causing declining living standards and a cost-of-living crisis. Under Biden’s presidency, grocery prices have increased by nearly one-third and gas has risen by 50 percent. It feels like every daily convenience — from a turkey sandwich to some handyman help — has increased by 50 percent or more.

Yet Biden seems entirely out of touch with this reality. In a recent CNN interview, he responded to these inflation numbers by claiming, “They have the money to spend.” In reality, it now costs the average American family $12,000 more to maintain the same living standards as before President Biden took office.

Biden also tried to deflect from this consumer pain by claiming he inherited high inflation. Fact-check: Inflation was 1.4 percent when he took office.

Another reason why statist left BIG G'MENT does NOT work!

 

[BluesLegend]

Future generations will discuss the Biden doctrine, 25% price increases across the board punishing the poor and working class. Sacrificed and bled out on the alter of the far left agenda.

 

[rightwinger]

Dem's DIDNT that's a Dem LIE. Dems did add shit tons of GOVERNMENT jobs hence adding to the rolls of people dependent on government.

Are you claiming there were 15 million government jobs?
I would like to see your link or just assume you are making shit up

 

[marvin martian]

Future generations will discuss the Biden doctrine, 25% price increases across the board punishing the poor and working class. Sacrificed and bled out on the alter of the far left agenda.

Not to mention two foreign wars, a million dead from Covid, and a Hamas terrorist takeover of US college campuses.

 

[rightwinger]

Rough day for ya, huh?

Stock market today: S&P 500 breaches 5,300 as stocks rally to records after CPI

Stocks edged higher on Wednesday as investors digested fresh readings on inflation and consumer spending.

finance.yahoo.com

Bidenomics

 

[BluesLegend]

Are you claiming there were 15 million government jobs?
I would like to see your link or just assume you are making shit up

I won't discuss YOUR lies and intentional BULL SHIT spin. You may go now I'm finished with you.

 

[marvin martian]

Bidenomics

Yup...

Gas: +55.5%
Groceries: +21.3%
Eating out: +21.8%
Baby food: +30%
Pet food: +23.1%
K-12 food: +64.9%
Rent: +20.8%
Electricity: +28.5%
Natural gas: +22%
Used cars: +20.4%
Airfare: +38.2%
Public transportation: +26.1%
Real average weekly earnings: -4.4%

 

[BluesLegend]

Not to mention two foreign wars, a million dead from Covid, and a Hamas terrorist takeover of US college campuses.

It's clear Democrats don't give a shit. We'll see if independents can overcome the Dem cheating and election theft this Nov.

 

[justoffal]

Biden's inflation rate and approval rate are dangerously close to crossing over each other.

There's only one way out of this...

https://thehill.com/opinion/4663651-inflation-hits-20-percent-under-biden-pushing-small-businesses-to-the-brink/

On Wednesday, the country hit a sad milestone: Inflation under President Biden hit 20 percent. The dollar’s value has plummeted under his watch. The Bureau of Labor Statistics also confirmed that the consumer price index is resurgent and growing faster than average wages. Combined with weak GDP growth, this data shows the U.S. economy is reentering stagflation.

Historic inflation is causing declining living standards and a cost-of-living crisis. Under Biden’s presidency, grocery prices have increased by nearly one-third and gas has risen by 50 percent. It feels like every daily convenience — from a turkey sandwich to some handyman help — has increased by 50 percent or more.

Yet Biden seems entirely out of touch with this reality. In a recent CNN interview, he responded to these inflation numbers by claiming, “They have the money to spend.” In reality, it now costs the average American family $12,000 more to maintain the same living standards as before President Biden took office.

Biden also tried to deflect from this consumer pain by claiming he inherited high inflation. Fact-check: Inflation was 1.4 percent when he took office.

Biden's wealth is not affected by the mundane factors that 90% of the population must deal with. Neither is the world of most of your DC solons. Apparently we have a few posters here who are also in that category.... They're doing swimmingly well.... and they feel obligated to make sure they post it here for some reason.

 

[justoffal]

Yup...

Gas: +55.5%
Groceries: +21.3%
Eating out: +21.8%
Baby food: +30%
Pet food: +23.1%
K-12 food: +64.9%
Rent: +20.8%
Electricity: +28.5%
Natural gas: +22%
Used cars: +20.4%
Airfare: +38.2%
Public transportation: +26.1%
Real average weekly earnings: -4.4%

You forgot insurance

 

[rightwinger]

Yup...

Gas: +55.5%
Groceries: +21.3%
Eating out: +21.8%
Baby food: +30%
Pet food: +23.1%
K-12 food: +64.9%
Rent: +20.8%
Electricity: +28.5%
Natural gas: +22%
Used cars: +20.4%
Airfare: +38.2%
Public transportation: +26.1%
Real average weekly earnings: -4.4%

So, from all that, people only saw a 4.4 percent drop in real earnings

 

[marvin martian]

Apparently we have a few posters here who are also in that category.... They're doing swimmingly well.... and they feel obligated to make sure they post it here for some reason.

They're lying. Everyone has to buy food, gas, and energy. They're just willing to suffer for their cult.

 

[marvin martian]

So, from all that, people only saw a 4.4 percent drop in real earnings

Let's see how that works out for you in November.

lol

 

[rightwinger]

Let's see how that works out for you in November.

lol

S&P 500, Nasdaq and Dow all hit record highs after encouraging inflation data​

https://www.cnn.com/2024/05/15/economy/consumer-price-index-inflation-april/index.html

 

[Faun]

S&P 500, Nasdaq and Dow all hit record highs after encouraging inflation data​

https://www.cnn.com/2024/05/15/economy/consumer-price-index-inflation-april/index.html

A good day for America is a bad day for conservatives.

 

[marvin martian]

S&P 500, Nasdaq and Dow all hit record highs after encouraging inflation data​

https://www.cnn.com/2024/05/15/economy/consumer-price-index-inflation-april/index.html

No one cares that DemoKKKrat billionaires are getting richer when everything costs twice as much.