The Biden economy is extraordinarily great. What do you think?
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The Biden economy is extraordinarily great. What do you think?
Ever heard the expression - "perception is reality"? Biden's numbers are historically bad and these news stories aren't convincing many of their personal situation being improved. I plan to enjoy watching the media hysteria build to a saliva-spewing crescendo in about 6-7 monthsDespite gloomy perceptions of the economy, people have not stopped spending money, which has buoyed many of the economic indicators that please policymakers.
Evidence of a strong economy has so far been lost on a general public that still feels the pinch of inflation and worries about the uncertainty of life in 2024.
The Biden economy is extraordinarily great. What do you think?
But what about…?
The bottom fifty percent of Americans make less than $30,000 annually, and have less than one percent of the collective wealth. That’s a figure that should astonish all Americans. It’s a glaring indictment of our chrony capitalist system. What kind of marketplace can’t provide virtually any wealth for half of the people? If you throw in the untold millions of illegal immigrants, which probably aren’t included in the statistics, the figure might be closer to fifty five or even sixty percent. That’s not representative of a First World economy.
Indentured Taxpayers and the Casino Economy - LewRockwell