Posted on 02/17/2023 11:44:28 PM PST by John Semmens
The most successful unity achieved by the Biden Administration is the unity of declining real wages. For the year 2022 real disposable income (i.e., income adjusted for the impact of inflation) was down 6.4%. This is the worst decline for wage-earners since the Great Depression.
Secretary of the Treasury Janet Yellen sees a "silver lining" in the declining purchasing power of the US dollar. "If you pay close attention you'll notice that at an 11.3% increase year-over-year, food prices are up more than most other prices," she pointed out. "At a personal level, this could provide an extra assist to those of us who have gained unattractive weight. I'm pretty confident that the inability to afford overeating may be a more potent factor than mere willpower when it comes to slimming down."
"From as global perspective, the 26.7% YoY increase in the price for home heating could help fight climate change," the Secretary added. "Not being able to afford to adequately heat or cool your home will act to reduce your carbon footprint and partially offset the necessarily large carbon footprint for Special Presidential Envoy for Climate John Kerry's travel around the world to attend climate summits. So you see, your suffering will not be in vain."
If you missed any of the other Semi-News/Semi-Satire posts you can find them at...
https://www.freedomsphoenix.com/Opinion/339767-2023-02-18-semi-news-semi-satire-february-19-2023-edition.htm
ping
Again we learn the true value of the Biden Presidency and the Democrat Congress.
The Ethiopia diet. Diversity in dining!
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