Posted on 02/17/2023 11:27:58 AM PST by Kaiser8408a
President Biden touts his economic plan as being a great success. But the data says otherwise. Real Disposable Personal Income, for examplge, was down -6.4% year-over-year (YoY) in 2022. That is the WORST reading since The Great Depression.
So much for “Middle Class Joe” and The Forgotten Man. Biden hasn’t forgotten, he just doesn’t care.
(Excerpt) Read more at confoundedinterest.net ...
I think the other untold story is how bad this is for business. Walking around in town one can see the stores, restaurants, shops are all empty. Staffing of various places is down to the bare bones.
I’m really surprised we aren’t seeing the store closures and business failures we’ve seen over the past two years. Maybe it’s still coming.
C’mon man. Give Biden a break. He knows exactly what he’s doing. Give him some credit. Biden spent his entire adult life in government preparing for this exact moment in history. That’s focus, man. He is focused like a laser. That’s decades upon decades of government experience. There are few people in America that have that kind dedication.
Before biden my thrift savings plan investments were making enough money to cover my monthly distributions without touching the principle.......since brandon shuffled into the Whitehouse I’ve had to eat into my principle somewhere around 10k to 15k.....because the stock market is such a mess I’ve had to turn it into what is essentially a savings account.
Continuing to work towards the demise of the middle class.
That depends on what the goal is doesn't it?.
You will own nothing and be happy, and we're getting "happier" by the minute.
Xao Bi-Dung and his namesake Mierda Act that he does not think will stink as much as freedom.
Trump warned in the 2020 campaign if Xiden was s’elected’ that energy prices would skyrocket and so would inflation. We heard him say that 401/K’s and stock market would take a hit too plus rise in illegals. He was totally correct (not that it takes a genius to figure out) but he got zero credit from the delusional deniers with blind allegiance to their Rat Masters. Xiden et al that cabal behind the scenes, have implemented disastrous policies for the nation. Surprised it’s not even worse than it is.
BidenDepression 2023
World War III and the Great Reset to follow. /shiny side out
(maybe Spring 2024)
It is not working for us. It was not meant to work for us. It was meant to transfer our wealth to the elite. In that sense it is working.
Yes, his plan is working.
Since his plans appears to be to destroy the middle class ans disarm law abiding citizens and then become Der Führer I believe it is working.
Yes,The Big Guy’s war on the middle class and working class *is* working.
Worst Since The Great Depression
And for the Biden bonus round the GDP hasn’t been this low since 1932.
Never underestimate how much Joe can f**k things up.
He’s a master at it
Just went grocery shopping. Everything is still double what it was pre chomo. Eggs came down a little. $6 down from 8$ a couple weeks ago. But were still only $3 a dozen pre chomo Joe.
Who can afford to go to restaurants now? Just Monday I went to a pub and 2 piece fish and chips were $30 bucks!!! Other simple sandwiches with fries for in the $30 range too. Beers (yes a luxury I know) were $8. And we are not a fancy city. Even the thrift stores (where I shop because I am a cheapskate) have double their prices. I can not believe how many idiots believe what this chomo’s administration tells them.
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