Posted on 08/17/2023 8:28:27 AM PDT by Kaiser8408a
The themesong of Bidenomics is Randy Newman’s “Mr. President,” Have pity on the working man instead of paying off green energy BIG donors.
The massive green enegy spending spree by Biden and Congress (disguised as Inflation Reduction Act) is the keystone of Bidenomics. Or loadstone.
Since Biden became President, hourly pay has risen 12%! Unfortunately, Bidenomics spending spree (along with endless Fed monetary stimulus) has caused inflation to rise 16%. That is a net -4% decline in REAL earnings.
Actually, despite the marketing of Biden as being empathetic, I think Biden is singularly UNempathic. Which puts him in good company with the rest of Washington DC, our overlords.
President “Empathy” checked his wristwatch 13 times when he witnessed the 13 caskets from the disastrous Afghan withdrawal.
(Excerpt) Read more at confoundedinterest.net ...
It’s unempathetic
Pay me be up 12% in the lower end of the wage scale, but it is more like 4% or 5% in the professional industry.
Bernie demanded $15.00/hr for burger flippers and servers. Burgers are now much much higher just as they were warned.
Entry level positions are now being replaced by automation. Just as they were warned.
Jobs are being lost and burgers are still high. Just as they were warned.
Iceberg dead ahead...JUST AS THEY WERE WARNED.
reelection, meet hyperinflation.
“Pay me be up 12% in the lower end of the wage scale”
Yeah, but . . .
going from $12 to $13.50 ain’t gonna pay the bills when gas is over $3.50+, hamburger is $4 a lb, and your car insurance just went up by $100 a month.
Remember the good old days of MAGA gas at that 1.99¢ special in NJ?
Since I have not gotten a raise, I have lost 16%
Inflation has been way more than 16%.
During the first two weeks of 'two weeks to slow the spread' Mrs Magnum and I set out on a cross country drive to visit my folks (none of us were having the mask and isolate crap - but I digress). Anyway, I filled up in the middle of Arkansas for 99 cents a gallon. Two weeks later, coming back from Georgia, the same station had the same price.
Robert Peters, who is he?
Bidenomics the one with square wheels and you can’t wait until they fall off
Hourly Pay UP 12% Under Biden, But Inflation Is UP 16%, Social Security goes up in 2024 by 3%
The 12% is kinda close, but there is no way the 16% is. Gas and food alone are well over 25%. For 16% to be close, what items barely moved?
May I suggest Biden's goons also allow in 30 million doctors and lawyers from around the world to compete with liberal professionals? In would bring down the cost of medical care and legal help. How about it Joe... can these people give Hunter a few million - maybe some diamonds and young hookers?
Really, President Sniffer and goons - how about it? Maybe a few million people who can compete for TV jobs too. Go for it.
where is hourly pay up 12% who got the 12% raise?
Note the lovely '0bama Bump' in 2008 - but Brandon has that beat starting in 2020.
This is depressing to play with, too - Inflation Calculator. In 2000 a dollar could get you a dollar worth of ‘stuff.’ Today it takes $1.81 to buy the same ‘stuff.’
Yeah. Nothing to see here, Folks! Your ridiculous Cost of Living is all in your head. Just die, already, would ya? Oh, but make sure to pay your taxes before you do. And after, we’ll still STEAL what we can from your estate.
INFLATION is THEFT! TAXATION is THEFT! *SPIT*
https://www.bls.gov/data/inflation_calculator.htm
For Comparison:
Carter Inflation: 1977-1981 : 1.00 = 1.49.
Trump Inflation: 2017-2021: 1.00 = 1.08.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.