The Left Lie About The Economy

[Billiejeens]

You whiny little bitch. So, its prey for another pandemic then.

Is this in the correct thread?

 

[g5000]

Translation: You don't give a shit about millions of Americans who are hurting.

Trumpers pray every day for Americans to suffer.

 

[hadit]

Trumpers pray every day for Americans to suffer.

Really? Who knew? You certainly wouldn't know it from their actions.

 

[otto105]

Really? Who knew? You certainly wouldn't know it from their actions.

Kiss the Ring fuck up

 

[Votar Roja]

I remember when Biden was campaigning in 2020 and he looked Americans in the eye and promised he would always be honest and never lie. And yet he and his team are out there constantly bragging about how great the economy is. The really astounding part is how much gall they have in telling Americans everything is just fine and what a great job they have done regarding the economy while Americans still have to go out there and buy groceries and gas. And yet they keep on lying in the faces of people who know the truth because they live it every day.

Americans are feeling worse about the economy as gas, grocery prices rise

Consumer confidence hit its lowest level since May as rising gas and grocery prices weighed on American wallets.

www.yahoo.com

Bidenflation has destroyed the economy

 

[Lesh]

Bidenflation has destroyed the economy

Economy is fine where I live

 

[Votar Roja]

Economy is fine where I live

Big business happening at the crackhouse eh?

 

[Votar Roja]

Bidenflation Stays Hot As Bidenomics Continues To Fail The American People​

Bidenflation Stays Hot As Bidenomics Continues To Fail The American People

www.gop.gov

The Consumer Price Index (CPI), a key inflation index, rose at an increased annual rate of 3.7% in September, coming in well above economists' expectations and highlighting how Bidenomics continues to fail the American people.

MAKE NO MISTAKE: America’s surging inflation is a direct result of Joe Bidena and Extreme Democrats’ reckless spending, which House Republicans are committed to reining in.

BIDENOMICS BY THE NUMBERS:

• Inflation is a tax on ALL Americans.
• When Joe Biden took office, inflation was at just 1.4%.
• Americans are paying more for just about everything because of inflation:
  • Frozen noncarbonated juices and drinks are UP 21.3%
  • Admission to sporting events are UP 18.9%
  • Motor vehicle insurance is UP 18.9%
  • Food from vending machines and mobile vendors is UP 16.0%
  • Motor vehicle repair is UP 14.9%
  • Frozen vegetables are UP 11.6%
  • Uncooked beef steaks are UP 9.7%
  • Baby food and formula is UP 9.2%
  • Transportation services are UP 9.1%
  • Food at employee sites and schools is UP 9.1%
  • Other lodging away from home including hotels and motels is UP 8.0%
  • White bread is UP 7.8%
  • Candy is up 7.5%
  • Rent of primary residence is UP 7.4%
  • Cereals are UP 3.6%
• Americans’ real average hourly earnings decreased 0.2% from August to September.
• Prices have risen by 17.1% since Biden took office.
• Under Joe Biden’s failed economic agenda, Americans are spending$709 more per month to buy the exact same goods and services than they did just two years ago.
• Credit card, auto loan, and consumer loan delinquencies are at theirhighest levels since the Great Recession.
• A new survey from Gallup found a “record-high” percentage of Americans trust Republicans to manage the economy over Extreme Democrats.
• In a new NBC poll, only 28% of Americans said they were "very" or "somewhat" satisfied with the state of the economy, the lowest level of economic satisfaction in nearly a decade of the network's polling.
• The same survey showed that Republicans hold a whopping 21-point advantage over Democrats on the economy, the largest lead Republicans have held in 32 years.

 

[jknowgood]

Gas went down 20 cents here in the last week.

Are you having a difficult time in this economy?

I guess you will see next November.

 

[Lesh]

Big business happening at the crackhouse eh?

No crack housed round here asshole.

Lotta trees.
Lotta farmland

Lotta jobs too

 

[hadit]

Kiss the Ring fuck up

I would have to respect you to do that.

 

[Crepitus]

Big business happening at the crackhouse eh?

Just because you live in one doesn't mean everyone does.

 

[otto105]

Bidenflation has destroyed the economy

Hilarious


Now about those employment numbers…

 

[berg80]

There are now huge gaps between what people say about the economy and both what the data says and what they say about their own experience. And we have some new information on what lies behind these gaps.

First, about that much-hyped “Biden recession.” The actual definition of a recession involves several economic indicators, and aside from those G.D.P. numbers, nothing that has happened to the economy looks remotely like a recession.

Since December 2021 the U.S. economy has added almost six million jobs while the unemployment rate has fallen from 3.9 percent to 3.4 percent, a level not seen since the 1960s. And no, unemployment isn’t low because Americans have dropped out of the labor force: The percentage of adults either working or looking for a job has declined, but that’s almost entirely a result of an aging population, and labor force participation is right back in line with prepandemic projections.

And these are good jobs, according to workers themselves. According to the Conference Board, which has been surveying job satisfaction since 1987, “U.S. workers have never been more content.”

But inflation, while still elevated, has come way down. The inflation rate over the past six months was 3.3 percent, compared with 9.6 percent last June. The price of gasoline, a major political talking point last year, is now more or less normal compared with average earnings.

So what’s going on? The general rule seems to be that Americans are feeling good about their personal situation but believe that bad things are happening to other people. A Federal Reserve study found that in late 2021 a record-high percentage of Americans were positive about their own finances while a record low were positive about the economy. We don’t have results for 2022 yet, but my guess is that they’ll look similar.

Partisanship surely explains much of this divergence. A newly published study shows that who holds the White House has huge effects on views of the economy; this is true for supporters of both parties, although the effect appears to be about twice as strong for Republicans. The study also finds, however, that these changes in reported views don’t appear to have any effect on actual spending — that they reflect “cheerleading,” as opposed to “actual expectations.”

Opinion | Why Are Americans So Negative About the Economy?

It’s an interesting question, given that the economy is actually looking remarkably strong.

www.nytimes.com

The data, and people's perception of it, is incongruent.

 

[berg80]

U.S. weekly jobless claims total 198,000, fewer than expected​

 

[Votar Roja]

U.S. weekly jobless claims total 198,000, fewer than expected​

Bull crap

 

[Votar Roja]

I remember when Biden was campaigning in 2020 and he looked Americans in the eye and promised he would always be honest and never lie. And yet he and his team are out there constantly bragging about how great the economy is. The really astounding part is how much gall they have in telling Americans everything is just fine and what a great job they have done regarding the economy while Americans still have to go out there and buy groceries and gas. And yet they keep on lying in the faces of people who know the truth because they live it every day.

Americans are feeling worse about the economy as gas, grocery prices rise

Consumer confidence hit its lowest level since May as rising gas and grocery prices weighed on American wallets.

www.yahoo.com

Watching all the dems lie and fail to refute your post is hillarious

 

[otto105]

Bull crap

Hilarious

 

[Votar Roja]

Kiss the Ring fuck up

Youre a punk

 

[otto105]

Youre a punk

Kissing time again fuckup.