Posted on 11/14/2023 7:44:12 AM PST by NetAddicted
Ya' gotta love it when so-called Economists tell Americans not to believe their lying eyes and accept that no no, they really ARE better off under Biden's crap economy. Forget that groceries are through the roof, gas is still more expensive than it was when Joe took office, and interest rates on homes for people with EXCELLENT credit is at least 8% ... no no, things are GREAT.
Awesome possum.
So awesome, per Claudia Sahm, that when she insisted Americans are better off she hid replies and THEN deleted her post.
Why would Claudia delete this tweet? She worked so hard hiding those replies. pic.twitter.com/clLcIPCq53
β πΊπΈ πππππ©πͺππ‘ πππ£π ππ©ππ₯π₯ππ§ πΊπΈ (@MmHabitual) November 13, 2023
We'll tell you why she deleted her tweet. Because Dr. Strangetweet took the time to take her APART with one of his patented brutally brilliant threads.
Take a gander.
As long as you don't count food, energy, housing, transportation, credit card debt, savings or lack of, wages, and literally everything else that has to do with personal money in people's hands, she's right. https://t.co/2Ngh8CTliK
β Dr Strangetweet Or How I Learned To Love The RT (@lone_rides) November 13, 2023
Then sure, everything is hunky dory. LUCKY US.
Keep going.
"You are not hurting financially. Just because you can't afford rent, are hungry, and can't do anything except survive doesn't mean anything. Stop whining, you complainers!"
β Dr Strangetweet Or How I Learned To Love The RT (@lone_rides) November 13, 2023
FULL STOP, even.
Heh.
Seriously, the "ignore your reality" takes like hers are astounding.
Yeah yeah, Orwell and all that, but I mean we're not talking about 2+2=5 vs 2+2=4.
We're talking about being hungry and worried about paying bills, not simple maths.
β Dr Strangetweet Or How I Learned To Love The RT (@lone_rides) November 13, 2023
What he said.
We're talking looking you dead in your face and telling you that your stomach isn't really growling from hunger. You really aren't living paycheck to paycheck or using your credit cards to survive.
They're telling you that everything you're experiencing is wrong.
β Dr Strangetweet Or How I Learned To Love The RT (@lone_rides) November 13, 2023
Because if you look at the reality of what you're experiencing you'll never stop throwing up ...
"These polls are about how people feel, not reality."
I dunno. I think people who buy groceries every week for their families has a really good idea what it cost a year ago vs what it costs today.
β Dr Strangetweet Or How I Learned To Love The RT (@lone_rides) November 13, 2023 Bingo.
But that's just me living in reality. I don't get paid to write in defense of bad economic policies.
β Dr Strangetweet Or How I Learned To Love The RT (@lone_rides) November 13, 2023
We imagine writing in defense of bad economic policies is SUPER lucrative under Joe Biden.
Just sayin'.
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So much for Claudia Sham...
Don’t forget that the gov’t redefined the CPI years ago to exclude food and energy costs...wonder why?
BTW, I’m an economist and not all of us are buying the BS coming out of DC.
Government workers are better off.
Sorry, I call BS on that chart. The government may be doing tricks to shave a little off the official inflation rate, but not 5% per year. The numbers don't add up.
W/ 10% Biden in the WH (well, some of the time), everything is hunky dory. LUCKY US. As long as you don’t count rising food, energy, housing, transportation costs, high credit card debt, defunct savings, low wages (if you’re lucky enough to even have a job), and literally everything else that has to do with personal money in Biden’s frail hands.
“You are not hurting financially. Just because you can’t afford rent, are hungry, and can’t do anything except survive doesn’t mean anything. Stop whining, you complainers!” β Dr Strangetweet
A little math error on my part. The car price should have been 1.5 (approx 50% CPI change over las 17 years) times 1.05^17 (17 years of 5% error) = 3.44 times my 2005 price. I used the full 25 years by mistake.
Uh-oh. Someone calling out facts!
The government has changed their methodology to calculate inflation many times and every single time it has been to reduce the reported inflation rate. They have done the exact same thing to the unemployment rate statistics.
You can argue the differential between the official reported government numbers and reality, but, in my experience, it has been running 50% to 100% higher than what the government reports.
I find ShadowStats to be a LOT more trustworthy than our government on employment and inflation stats.
My truck cost around $30k 10 years ago. Its replacement is over $100k.
Do the math.
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