Posted on 10/02/2023 9:06:12 AM PDT by Kaiser8408a
Wasting away again with Bidenomics, code for massive Federal subsidies to green energy donors. And incentives to buy impractical EVs. Imagine in an emergency and your car only goes 200 miles (and then you have to wait for an available charger to come open). Well, the top 1% are doing fine. But the bottom 80% of households by income are seeing rapid deplection of savings to cope with the rising costs of Bidenomics.
And then we have shrinking home affordability, now at a record low.
(Excerpt) Read more at confoundedinterest.net ...
Savings? I don’t get it. 🤔
My guess is that this would happen sooner or later. Biden & Co. are merely hastening the process.
It appears Americans are lazy and live in the moment, because they “deserve” it. Not working, and spending isn’t sustainable, unless you’re in Congress.
Yep.
Now tie that in with that POS intentionally draining our emergency fuel reserves and see what the future holds.
$10+/ gallon of gas on the horizon.
Luckily CC debt is at an all time high, so there’s that…
And their new regulations designed to kill oil and nat gas exploration in the USA.
Oil companies concerned small businesses being harmed by Biden’s new drilling regulations...“It really hurts small businesses because they’re asking for 9.2 million in bonds,” CEO of Arena Energy, LLC Mike Minarovic said.
https://freerepublic.com/focus/f-bloggers/4186347/posts
Just wait till the bankruptcies start rolling in. It's gonna be a bloodbath.
Obama's meat puppet is more deadly than 'Chuckie.'
But it will only cost $9 an hour to juice up your ev if u can find a working outlet;-)
I wonder where Democrats get their drugs to remain delusional about today's politics.
This is part of the plan by ChiComjoe’s puppetmasters (he can’t even tell if his diapers are loaded) to bring such a crisis on the U.S. that they can declare a national emergency and martial law through ChiComjoe or some other flatliner they put into office through a rigged election.
All three income groups show a simultaneous drop beginning in January 2022.
“And then we have shrinking home affordability, now at a record low.”
Bidenomics will solve this by moving us into subsidized government housing in high rise apartments. Apartments will be assigned on the basis of family size and will be very near public transportation.
“in the moment”
This is not a criticism of the poster, but most of my life the term was “at the moment”. Has a “moment”, which is an instant rather than a duration of time, something that we now live in?
I wonder how many car repossessions and home walk aways will occur?
How many regional bank failures?
Then there’s CRE…
My understanding is that “in the moment” means those living in the present.
As opposed to those who actually make plans for the future…
Bidenomics is a real broadside torpedo to the Dow Jones, and that’s all that really distills economic policy down to reality. Dow is downn 10% from July, when he began calling his policies (and that of our congress) “Bidenomics”.
They want the banks to fail. That allows them to usher in our new Digital Currency” , which will exist entirely on Federal Reserve servers. Banks will just become buggy whips.
He said before the election that before his first term ended gas would be $8.00 and he is almost there. November is almost here.
Plus you have to fight with people after standing in line for hours.
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