Doc7505
Diamond Member
- Feb 16, 2016
- 18,011
- 32,243
- 2,430
Weekend Update! Gasoline Prices UP 101% Under Biden, Mortgage Rates UP 89%, Foodstuffs UP 58% (Crude Oil Futures UP 142%)
Weekend Update! Gasoline Prices UP 101% Under Biden, Mortgage Rates UP 89%, Foodstuffs UP 58% (Crude Oil Futures UP 142%)
This is not the legacy that will endear President Biden to voters. Regular gasoline prices have risen 101% under Biden. But it not just gasoline and diesel that are soaring (while the rest of us ar…
confoundedinterest.net
This is not the legacy that will endear President Biden to voters. Regular gasoline prices have risen 101% under Biden.
But it not just gasoline and diesel that are soaring (while the rest of us are sore!), CRB Foodstuffs are up 58% under Biden while the 30-year mortgage rate is up 89% under Biden.
~Snip~
Prices are sizzling and clobbering the American middle class and low wage workers. But former Federal Reserve Chair and current US Treasury Secretary Janet Yellen never saw it coming.
Biden’s just killing us. And Powell is making up for Yellen’s keeping monetary stimulus too high for too long. Price? Mortgage rates are soaring.
Commentary:
Bu, Bu, But; Didn't Joey Biden explain to us that this is all the fault of Putin and Trump, just before heading for another weekend on the beach in Delaware.
Biden, his administration and the whole of the Progressive Democratic Party have created the Economic situation that the American citizenry is experiencing today.
Indeed, from the moment Joe Biden was elected every move they have made has led to today's inflation, product and food shortages that appears to be leading to higher inflation and massive starvation in America.
The question remains as to if the Massive Red Wave that is expected in November will be able to turn this debacle around while Joe Biden still will have two years in the W.H.