Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Biden called out by former Trump economist for sounding 'delusional' about economy: People feel 'worse off'
Fox News ^ | Aug 18, 2023

Posted on 08/18/2023 7:36:56 PM PDT by McGruff

FreedomWorks senior economist and former Trump economic adviser Steve Moore joined "Faulkner Focus" Friday to call out President Biden for sounding "delusional" on the economy and touting the benefits of "Bidenomics." Moore responded to a recent remark from Biden in which he declared his economic policy "is working," while a Fox News poll found an overwhelming majority of Americans do not feel better off financially since Biden took office.

STEVE MOORE: When he keeps talking about how well the economy is doing, it almost seems delusional. It's almost like he doesn't understand the problems of people on Main Street across the country. I mean, Washington, D.C. is not the rest of the country. And so I think that's problematic for Biden,

(Excerpt) Read more at foxnews.com ...


TOPICS: Business/Economy; Government; News/Current Events; Politics/Elections
KEYWORDS:
More at link.
1 posted on 08/18/2023 7:36:56 PM PDT by McGruff
[ Post Reply | Private Reply | View Replies]

To: more
If you look at the essentials that you have to buy every month, and you're a middle-class family, you have to buy milk, you have to buy groceries, you have to buy ground beef, you have to pay your rent or mortgage. You have to pay your energy bill. You have to fill up your tank. All of those things are up way more in price than what's officially the CPI, in some cases three times more.
2 posted on 08/18/2023 7:38:25 PM PDT by McGruff (Don't underestimate Joe's ability to f*** things up - Barack Obama)
[ Post Reply | Private Reply | To 1 | View Replies]

To: McGruff

I do grocery shopping. Prices still increasing.


3 posted on 08/18/2023 7:39:23 PM PDT by PghBaldy (12/14/12 - 930am -rampage begins... 12/15/12 - 1030am - Obama team scouts photo-op locations.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: McGruff

They cannot admit it, even to themselves.


4 posted on 08/18/2023 7:41:19 PM PDT by Chad C. Mulligan
[ Post Reply | Private Reply | To 1 | View Replies]

To: McGruff
Mister Happy says we need happy talk, or else people will think about their own situation.

Less than $50k -- 60.96% of population.
Circa $50k-$100k -- 24.61% of population.
More than $100k -- 14.43% of population.

Source: https://en.wikipedia.org/wiki/Personal_income_in_the_United_States

But the American oligarchs are doing well, and most politicians are doing well, and corporate execs are doing well, and....

More HAPPY talk! Now!

5 posted on 08/18/2023 7:47:05 PM PDT by Worldtraveler once upon a time (Degrow government)
[ Post Reply | Private Reply | To 1 | View Replies]

To: McGruff

Working class has been squeezed for years. In contrast, people used to do better from one to the next generation.

Here are the official data:

https://fred.stlouisfed.org/series/LEU0252881900A

The past couple years have been brutal. But, notice the long-term trend has been flat or slightly negative, when we used to have good progress for people all up and down the income distribution.

I’m going to get technical here, so continue reading at your own risk: These data are biased in a couple ways that mostly off-set each other. They’re biased down because they’re based on the official CPI (when the chain-linked CPI would be better). And, they biased up because they’re not adjusted for taxes (and payroll taxes, state & local income taxes, sales taxes and property taxes have increased over the years).


6 posted on 08/18/2023 8:05:45 PM PDT by Redmen4ever
[ Post Reply | Private Reply | To 1 | View Replies]

To: McGruff
"It's almost like he doesn't understand the problems of people on Main Street..."

Yeah, ALMOST like that.

The stinking bastard spent his entire adult life in the bubble of DC. Even before that, Delaware isn't exactly a major industrial or manufacturing area, so he never got close to "Main Street." The only thing Delaware is known for is corporate registrations.

7 posted on 08/18/2023 8:31:28 PM PDT by ProtectOurFreedom (We are proles, they are nobility.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: McGruff

(People feel ‘worse off)

There ain’t no “feel” about it.

We ARE worse off since Joe Biden started his disaster on the American people..


8 posted on 08/18/2023 8:39:02 PM PDT by SaveFerris (Luke 17:28 ... as it was in the days of Lot; they did eat, they drank, they bought, they sold ......)
[ Post Reply | Private Reply | To 1 | View Replies]

To: McGruff
...like he doesn't understand the problems of people on Main Mean Street across the country.

Kinda like the folks in Beverly Hills or Malibu think all is fine.
9 posted on 08/18/2023 8:41:51 PM PDT by know.your.why
[ Post Reply | Private Reply | To 1 | View Replies]

To: McGruff

Oh come on now - Joy Reid and Robert Reich said the economy has never been better...


10 posted on 08/18/2023 9:00:52 PM PDT by Republican Wildcat
[ Post Reply | Private Reply | To 1 | View Replies]

To: Worldtraveler once upon a time

“More HAPPY talk! Now!’’

“Talking, talking happy talk!’’

“Talk about things you like do to!’’.


11 posted on 08/18/2023 11:43:24 PM PDT by jmacusa (Liberals. Too stupid to be idiots.)
[ Post Reply | Private Reply | To 5 | View Replies]

To: McGruff
I just drove the length of Ohio, which I've done for the past decade. Things are the worst I've seen. There was little traffic on I-77. No campers. Few 18-wheelers. More motorcycles than usually. Took 250/21 and saw shutter storefronts. Huge farms are going up for auction. Lots of real estate signage in affluent suburbs south of Cleveland. It was depressing.

We're making plans to leave the country. I'm not going down with this ship.
12 posted on 08/19/2023 5:01:41 AM PDT by neefer (Bad spellers of the world, untie!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: neefer

Where could you go??


13 posted on 08/19/2023 5:04:36 AM PDT by dkGba
[ Post Reply | Private Reply | To 12 | View Replies]

To: jmacusa
One recalls the name of the character written is "Bloody Mary."

While she was charming and smiled a great deal, the Resident of the White Powder House scowls and, given the prolongation of a non-NATO war between two non-NATO nations by Bloody Joe stoking the fires with war materiel and treasure, he has precious little left except the "happy talk" which more an more of those "Biden" voters are seeing through.

This means that, if he manages to run again, the deep state will assure he gets 81 billion votes, Christie and Pence will applaud, and Hillary Clinton will rage "why not me, dammit!"

14 posted on 08/19/2023 5:05:05 AM PDT by Worldtraveler once upon a time (Degrow government)
[ Post Reply | Private Reply | To 11 | View Replies]

To: McGruff

Washington, D.C. is not the rest of the country. And so I think that’s problematic for Biden.

Spot on they live in their own little world clueless about how life in America is to them it’s what their advisers tell them what it’s like.

DC. is just a money and power deal for 90% of them.


15 posted on 08/19/2023 9:05:00 AM PDT by Vaduz (....)
[ Post Reply | Private Reply | To 1 | View Replies]

To: PghBaldy

Krogers is the only store in a town of 7K. Their brand of sliced single cheese went up 50 cents in a week. Even on sale. They use trickery signs, for the buy 5, apples at the peak of the season are higher than I’ve ever seen. Peaches are hard as rocks, tough meats, and bad corn, Most produce is poor looking, and they get later putting fresh out. Coupons are more Pick-up/Delivery only. I need to read the labels. Fixident on Pickup is $14+, store $7.00. Some regular items both brand and store brand taste different. Rice, Flour, Sugar, and dry Pasta is short supply. Diapers are being switched to Biodegradable so shortages. That is not stated. It was from a 2021 article, that there would be shortages as they changed over.
No one is telling the moms. Same with ladies’ sanitary needs.

2021 article for 2023:Diapers shortage 2023: What is the future outlook of diapers?

the growing adult population
the increasing use of biodegradable diapers

https://discontinuednews.com/diapers-shortage/

Brace Yourselves, Because What They Have Planned Is Going to Absolutely Devastate the U.S. Economy

https://discernreport.com/brace-yourselves-because-what-they-have-planned-is-going-to-absolutely-devastate-the-u-s-economy/

Kennedy: Biden’s high prices are sticking around

https://www.youtube.com/watch?v=Vg9-jl8VR2o

TRILLIONS ‘You Don’t Know, Do You? You Don’t Know, Do You?’: Kennedy Does Not Let Up On Top Biden Official https://www.youtube.com/watch?v=O9N8Y67LYcw


16 posted on 08/19/2023 9:07:53 AM PDT by GailA (Constitution vs evil Treasonous political Apparatchiks, Constitutional Conservative.)
[ Post Reply | Private Reply | To 3 | View Replies]

To: GailA

I used to feed a family of 5 for the same amount it takes to feed a family of 2 now.


17 posted on 08/22/2023 9:28:26 AM PDT by Texas resident (We are living through Barak's fundamental transformation)
[ Post Reply | Private Reply | To 16 | View Replies]

To: Texas resident

Same, I coupon-shopped a lot all my adult life. These digital ones are becoming Pick-up ^ Delivery only. At 75, I have to read labels, plus I check the markdown bin, and always check the expiration date, though they have made that harder to do. If you do Pickup know the charge more for some items. Fixadent is 1, It’s $7.00 in the store. $14.44 as Pick-up. The shopper just grabs and doesn’t pay attention to dates. I don’t use canned fruit, I taste the can. I’m allergic to blue, or red dyes, and seafood. Not allowed Grapefruit, soy, or English walnuts, I’m Hypothyroid. I bought store brands a lot, but now they are nearly as high and don’t go on sale. Milk is Skim for hub’s cereal, I cook with half and half, butter.

Then all that plastic they now wrap it in, is not healthy. Nanoplastic’s in your blood. Is as bad as the crap C-flu jabs left.


18 posted on 08/22/2023 11:17:52 AM PDT by GailA (Constitution vs evil Treasonous political Apparatchiks, Constitutional Conservative.)
[ Post Reply | Private Reply | To 17 | View Replies]

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.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson