Posted on Nov 1, 2023
Here's how Bidenomics is crushing dreams of American families and businesses
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Fox and Republicans have been hoping for a recession. Been sayin it for three years now. Economic growth is strong and stable.
Here's how Bidenomics is crushing dreams of American families and businesses
Posted from foxnews.com
Economics
Future
Policy
Joe Biden
Democrats
Posted 1 y ago
Responses: 3
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And inflation is wiping out the economic growth, interest rates are 3 times higher than before Biden took office. Most economic think tanks have stated that the average middle class family has lost 2 months pay.
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SPC Carl Davis
Prices will never go back to pre pandemic levels. Between corporate greed and Republicans control of the House higher prices are here to stay. Regardless of who's in the WH.
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SSG (Join to see)
SPC Carl Davis - Tell yourself what ever you need, Biden and the democrats created our inflation when they spent 7 trillion in his first 9 months which made the dollar on the global and local markets worth less. You can blame others but anyone who has a degree in economics knows.
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Yeah, that's what's happening with 10% increase in food prices 17% increase in whole goods and no increases in pay.
The government LOVES inflation! Everything costs the consumer more so there is a boatload more money coming in, in the form of sales taxes import taxes, etc..
People who say that the economy is strong and Biden is the reason for it are completely delusional or rich. There is no in between.
The government LOVES inflation! Everything costs the consumer more so there is a boatload more money coming in, in the form of sales taxes import taxes, etc..
People who say that the economy is strong and Biden is the reason for it are completely delusional or rich. There is no in between.
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SPC Carl Davis
Corporations love Inflation. They take full advantage. Republicans want a recession. So that somehow helps.
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PO3 Shayne Seibert
SPC Carl Davis - Nobody wants a recession, which is why the Biden team won't call this a recession. The ONLY thing keeping it from being a recession is that the stock market hasn't tanked... yet.
Housing starts are at the lowest in 20 years, income is nowhere near the inflation rate, gas prices have slowly dropped but are poised to spike again with the war in Gaza. Interest rates won't stabilize with the constant increases by the Fed. The economic uncertainty in the REAL population is at near all time lows, so we have been in an undeclared recession for a couple of years.
Housing starts are at the lowest in 20 years, income is nowhere near the inflation rate, gas prices have slowly dropped but are poised to spike again with the war in Gaza. Interest rates won't stabilize with the constant increases by the Fed. The economic uncertainty in the REAL population is at near all time lows, so we have been in an undeclared recession for a couple of years.
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Predicting and hoping are not the same thing.
The economy is not strong, and this is evident in the MUCH higher prices all around, but more specifically for our homes, food, energy, gas, goods and services, etc... These prices did not just gradually go up on a typical inflationary trend, they shot up.
The economy is not strong, and this is evident in the MUCH higher prices all around, but more specifically for our homes, food, energy, gas, goods and services, etc... These prices did not just gradually go up on a typical inflationary trend, they shot up.
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