Posted on 11/24/2021 6:54:15 AM PST by Browns Ultra Fan
Renters in the US are getting clobbered by inflation.
The US Zillow Rent Index All Homes YoY + CPI YoY is one measure of renter misery.
The classic misery index (CPI YoY + U-3 unemployment rate) is 10.80%.
Then there is inflation in food prices, gasoline, heating oil, natural gas, etc.
While Biden is releasing the Strategic Petroleum Reserves (SPR) in order to mitigate the problem that he created by terminating the energy pipelines and oil/natural gas drilling permits in the name of “Going Green!” But on the announcement of tapping the SPR, crude oil futures actually rose.
But never fear! Biden claims that his $5 TRILLION Build Back Better Boondoggle (BBBB) will ease inflation … over 10 years. And he claims that “17 Nobel Prize winners in economics have said that my plan will “ease inflationary pressures.”” I sincerely doubt that any of them actually read the 2,500 page BBBB. Rather, they likely just read the White House talking points and said “Hey, that sounds good!” Mo money, less problems?
Here is Joe Biden breaking the legs of America’s renters. Or is that multi-millionaire Nancy Pelosi?
(Excerpt) Read more at confoundedinterest.net ...
Biden is incompetent, and it’s not because of his age.
Biden is owned by China.
Everything is always ten years with these clowns. Yet Trump made significant improvements during his term despite everyone opposing him. So it’s obvious who really sucks.
Yes - the career politicians. There should be no career politicians. They aren't qualified to do much beyond bs'ing in front of a camera.
You aint seen nothing yet, Jimmy Carter was a piker compared to Brandon. Come next Spring and Summer the full effect of what he has done, just this year alone, will begin to materialize and if you think prices are high now, well, you just wait.
When the Emergency is upon us, the time for preparedness has passed
Other than building materials, fuel, energy costs, transportation and food, this admin has the economy under control.
Why does Biden care? He’ll be dead in 10 years.
We have to wait 10 years? Damn.
What will be interesting is this winter in the northeastern US where a large percentage of houses heat with heating oil still(like mine).
I want to see the old women and children stories freezing in their apartments because they can not afford the price of heating oil.
LETS GO BRANDON!
He’s brain dead already
Biden will be dead within 10 years so he won’t have to answer for the havoc he caused.
His handlers will stay in the shadows and never be held accountable.
Meanwhile, despite Biden:
“U.S. initial jobless claims plunge to their lowest level since 1969”
In the real world most utilities will not turn off the heat for non-payment during the winter. They will wait until spring—because they don’t want to catch the flack from the public utility commissions.
I would put his life expectancy as south of 10 years, and his probability of surviving 10 years as south of zero. According to the Social Security Administration, life expectancy for the average 79-year-old man was 8.77 years, pre-covid. 10-year survival probability for the average 79 year old is 34%. Biden is (a lot) worse than average.
If Biden really wanted to increase the flow of oil products, he would have reversed his actions taken as the beginning of his term.
BBB should be called Smash & Grab.
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