WSJ Publishes Brutal Graphics Showing True Destruction of ‘Bidenomics.’

Doc7505

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Feb 16, 2016
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WSJ Publishes Brutal Graphics Showing True Destruction of ‘Bidenomics.’


Data revealed by The Wall Street Journal shows the true extent of havoc Bidenomics has wrecked on the U.S. economy. Even as the Dow Jones Industrial Average surpassed 40,000 points, the economy under Joe Biden‘s tenure in the White House has struggled to grow beyond a sluggish rate. Despite the seeming market success that has recently occurred under the Biden government, the numbers belie just how successful investors were under former President Donald J. Trump.

Commentary:
The stock market is hugely divorced from the realities that everyday people meet in their daily lives. Gas and groceries and home prices and insurance prices and car repair prices, are not reflected in the values of stocks.
Using the DOW or any other group of stocks, is meaningless, at least when it comes to everyday life. So, Biden or even Trump, should not point to the stock market to boost their economic messaging. Most people affected by the poor economy do not give a damn about how high the stock markets get.
Here are some down-to-earth examples the display it in terms people get...MAGA Economy vs Bidenomics as it relates to Fast Food prices for various chains:



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WSJ Publishes Brutal Graphics Showing True Destruction of ‘Bidenomics.’


Data revealed by The Wall Street Journal shows the true extent of havoc Bidenomics has wrecked on the U.S. economy. Even as the Dow Jones Industrial Average surpassed 40,000 points, the economy under Joe Biden‘s tenure in the White House has struggled to grow beyond a sluggish rate. Despite the seeming market success that has recently occurred under the Biden government, the numbers belie just how successful investors were under former President Donald J. Trump.

Commentary:
The stock market is hugely divorced from the realities that everyday people meet in their daily lives. Gas and groceries and home prices and insurance prices and car repair prices, are not reflected in the values of stocks.
Using the DOW or any other group of stocks, is meaningless, at least when it comes to everyday life. So, Biden or even Trump, should not point to the stock market to boost their economic messaging. Most people affected by the poor economy do not give a damn about how high the stock markets get.
Here are some down-to-earth examples the display it in terms people get...MAGA Economy vs Bidenomics as it relates to Fast Food prices for various chains:

Democrats - "Yeah but the stock market" :laugh:
 
Why are they starting the comparison in prices at the end of 2019 and not 2020?
 

WSJ Publishes Brutal Graphics Showing True Destruction of ‘Bidenomics.’


Data revealed by The Wall Street Journal shows the true extent of havoc Bidenomics has wrecked on the U.S. economy. Even as the Dow Jones Industrial Average surpassed 40,000 points, the economy under Joe Biden‘s tenure in the White House has struggled to grow beyond a sluggish rate. Despite the seeming market success that has recently occurred under the Biden government, the numbers belie just how successful investors were under former President Donald J. Trump.

Commentary:
The stock market is hugely divorced from the realities that everyday people meet in their daily lives. Gas and groceries and home prices and insurance prices and car repair prices, are not reflected in the values of stocks.
Using the DOW or any other group of stocks, is meaningless, at least when it comes to everyday life. So, Biden or even Trump, should not point to the stock market to boost their economic messaging. Most people affected by the poor economy do not give a damn about how high the stock markets get.
Here are some down-to-earth examples the display it in terms people get...MAGA Economy vs Bidenomics as it relates to Fast Food prices for various chains:


SINCE BIDEN TOOK OFFICE:

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%
 
SINCE BIDEN TOOK OFFICE:

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%
:linky:
 

WSJ Publishes Brutal Graphics Showing True Destruction of ‘Bidenomics.’


Data revealed by The Wall Street Journal shows the true extent of havoc Bidenomics has wrecked on the U.S. economy. Even as the Dow Jones Industrial Average surpassed 40,000 points, the economy under Joe Biden‘s tenure in the White House has struggled to grow beyond a sluggish rate. Despite the seeming market success that has recently occurred under the Biden government, the numbers belie just how successful investors were under former President Donald J. Trump.

Commentary:
The stock market is hugely divorced from the realities that everyday people meet in their daily lives. Gas and groceries and home prices and insurance prices and car repair prices, are not reflected in the values of stocks.
Using the DOW or any other group of stocks, is meaningless, at least when it comes to everyday life. So, Biden or even Trump, should not point to the stock market to boost their economic messaging. Most people affected by the poor economy do not give a damn about how high the stock markets get.
Here are some down-to-earth examples the display it in terms people get...MAGA Economy vs Bidenomics as it relates to Fast Food prices for various chains:

/----/
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WSJ Publishes Brutal Graphics Showing True Destruction of ‘Bidenomics.’


Data revealed by The Wall Street Journal shows the true extent of havoc Bidenomics has wrecked on the U.S. economy. Even as the Dow Jones Industrial Average surpassed 40,000 points, the economy under Joe Biden‘s tenure in the White House has struggled to grow beyond a sluggish rate. Despite the seeming market success that has recently occurred under the Biden government, the numbers belie just how successful investors were under former President Donald J. Trump.

Commentary:
The stock market is hugely divorced from the realities that everyday people meet in their daily lives. Gas and groceries and home prices and insurance prices and car repair prices, are not reflected in the values of stocks.
Using the DOW or any other group of stocks, is meaningless, at least when it comes to everyday life. So, Biden or even Trump, should not point to the stock market to boost their economic messaging. Most people affected by the poor economy do not give a damn about how high the stock markets get.
Here are some down-to-earth examples the display it in terms people get...MAGA Economy vs Bidenomics as it relates to Fast Food prices for various chains:

Yes, the economic wreckage from 2020 shall be felt for a generation
 
Trump had the feds buying bad debt, quantitative easing, now it is quantitative reduction and you are feeling the bite of less bad debt being bought by the feds.
/----/ You either don't know how things work, or are just pushing a false narrative because Biden is swirling the toilet. Trump has no power to control the Fed actions. Either way, it sucks to be you.
Federal Reserve System. The Board oversees the Federal Reserve Banks and helps implement the monetary policy of the United States. Governors are appointed by the President and confirmed by the Senate for staggered 14-year terms.
More info in the Federal Reserve Board of Governors Wikipedia article.
 
/----/ You either don't know how things work, or are just pushing a false narrative because Biden is swirling the toilet. Trump has no power to control the Fed actions. Either way, it sucks to be you.
Federal Reserve System. The Board oversees the Federal Reserve Banks and helps implement the monetary policy of the United States. Governors are appointed by the President and confirmed by the Senate for staggered 14-year terms.
More info in the Federal Reserve Board of Governors Wikipedia article.
The economy was essentially shut down in 2020 and massive government subsidies were given away for free and what you are seeing is cause and effect on action, but hey, let's not blame who was president when the economy crashed like it was 1929.
 
The economy was essentially shut down in 2020 and massive government subsidies were given away for free and what you are seeing is cause and effect on action, but hey, let's not blame who was president when the economy crashed like it was 1929.
/----/ "let's not blame who was president when the economy crashed like it was 1929."
Yes. I agree.
 

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