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$100 of Goods and Services Now Costs $119 After Years of Bidenomics
Breitbart ^ | 11/29/2023 | WENDELL HUSEBØ

Posted on 11/29/2023 8:44:28 AM PST by ChicagoConservative27

The goods and services American workers could afford with $100 in 2020 now cost $119.27, a recent Bloomberg report found.

The increased prices will likely impact the 2024 election results since they come after President Joe Biden implemented his economic policy of so-called “Bidenomics.”

Over half of voters in key swing states said grocery prices are the top way inflation has impacted their budget, according to a Bloomberg News/Morning Consult survey.

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


TOPICS: Business/Economy; Culture/Society; Government; News/Current Events
KEYWORDS: bidenomics; costs; economy; goods; services
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More diapernomics
1 posted on 11/29/2023 8:44:28 AM PST by ChicagoConservative27
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To: ChicagoConservative27

I bet it’s more than $119.


2 posted on 11/29/2023 8:49:55 AM PST by CatOwner (Don't expect anyone, even conservatives, to have your back when the SHTF in 2021 and beyond.)
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To: ChicagoConservative27

And Social Security gets a 2.96% Cost of Living adjustment for next year.


3 posted on 11/29/2023 8:53:22 AM PST by Savage Rider
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To: ChicagoConservative27

Bidenomics is the exact inverse of Reaganomics.

More taxes
More regulation
More government spending


4 posted on 11/29/2023 8:55:27 AM PST by MattMusson (Sometimes the wind bweek.lows too much)
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To: ChicagoConservative27

I call BS. Government methodology for inflation is very tilted toward understating it. That’s an open secret.


5 posted on 11/29/2023 8:55:52 AM PST by ChildOfThe60s ( If you can remember the 60s.....you weren't really there..)
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To: ChicagoConservative27

Show me the place I can buy all my things for only 19% more than when FJB was installed. I want to move there.


6 posted on 11/29/2023 8:55:56 AM PST by ProtectOurFreedom (“Occupy your mind with good thoughts or your enemy will fill them with bad ones.” ~ Thomas More)
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To: ChicagoConservative27

Bidonomics = hiding in your basement smelling little girls and hoping things turn around by next November so you can claim credit!


7 posted on 11/29/2023 8:56:15 AM PST by TexasFreeper2009
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To: ChicagoConservative27

How does income grow, if 106+ billion are out of work? That is counting those on UE and those who ran out of their UE and are still unemployed. PT work for DSSI workers are getting fewer hours. Those applying for DSSI wait 15+ months for a DSSI CASE WORKER to be assigned! Do they really think a man who had a TIA & QUAD BYPASS will ever work again?
..............................................................................

35-Year-Old Firefighter Injured by COVID Vaccine and Forced to Retire Sues New York City for Disability Benefits

A New York firefighter is suing New York City for denying him expanded disability payments after he was forced into early retirement due to permanent heart damage from the city-mandated COVID-19 vaccine. His lawyer says the denial is part of a “disturbing pattern of deliberate cruelty” toward the vaccine-injured and anyone who spoke out against the mandates.

https://childrenshealthdefense.org/defender/obrian-pastrana-nyc-covid-vaccine-injury-lawsuit/?utm_source=luminate&utm_medium=email&utm_campaign=defender&utm_id=20231128


8 posted on 11/29/2023 8:59:50 AM PST by GailA (GMOs have a new name 'BIOENGINEERED' read labels. Constitutional Conservative.)
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To: CatOwner

“I bet it’s more than $119.”

You bet right, this article is watering down the reality. It is at least $150+. This is how psyops works. Call out a problem while purposely under cutting the real truth so it doesn’t look quite as bad as it really is.


9 posted on 11/29/2023 9:00:02 AM PST by Openurmind (The ultimate test of a moral society is the kind of world it leaves to its children. ~ D. Bonhoeffer)
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To: Savage Rider

Everyone’s standard of living is being engineered down.

Older folks who have been saving for retirement for 30-40 years
have seen the purchasing power of that money go down by over 20%.

Evil policies by evil people.


10 posted on 11/29/2023 9:03:35 AM PST by desertfreedom765
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To: ProtectOurFreedom

It’s a fabrication.

Bloombergs politcal leanings are solidly left, it’s propaganda. Much worse than 15% inflation over 3 years. Based 0n the old methods of inflation calculation it’s 15% PER period.

https://www.allsides.com/news-source/bloomberg-media-bias


11 posted on 11/29/2023 9:03:37 AM PST by Phoenix8
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To: CatOwner

I can GUARANTEE it is more than $119.00

Groceries are now costing me at least 50% more. Not to mention fuel, electric, natural gas, and EVERYTHING else.


12 posted on 11/29/2023 9:05:19 AM PST by unixfox (Abolish Slavery, Repeal the 16th Amendment)
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To: unixfox

They may be playing games with lowering gas prices here in Texas, but I bet none of this will ease off the throttle of spiking natural gas costs for gas furnaces, water heaters, and stove tops.


13 posted on 11/29/2023 9:07:39 AM PST by CatOwner (Don't expect anyone, even conservatives, to have your back when the SHTF in 2021 and beyond.)
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To: CatOwner

This is over 100%

https://freerepublic.com/focus/f-news/4200015/posts


14 posted on 11/29/2023 9:11:36 AM PST by Openurmind (The ultimate test of a moral society is the kind of world it leaves to its children. ~ D. Bonhoeffer)
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To: ChicagoConservative27

$119.00 would be nice. Around here it’s closer to $134.00 and rising.


15 posted on 11/29/2023 9:13:18 AM PST by txeagle
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To: MattMusson

Turkey’s at Thanksgiving in Cincy, Ohio was $.49 cents a lb with a $25.00 purchase at Krogers. In the Memphis, TN area it was $.99 cents per lb with the same $25 requirement. Now explain that one? All beef is higher too. And beef at Krogers sucks unless you put it in the Crockpot. Shelves have empty spots. All but junk food, candy, chips, and booze. While high, they aren’t bare shelves.

106.4 Million U.S. Adults Do Not Have A Job Right Now

19 months in a row! The Conference Board’s index of leading economic indicators has now fallen for 19 months in a row. When something happens for 19 consecutive months, that is definitely a trend

When a working age American is not working, the government puts that individual into one of two categories.

Right now, there are only 6.5 million U.S. adults that are officially considered to be “unemployed”.

But another 99.9 million U.S. adults are considered to be “not in the labor force”. So they don’t count as being “unemployed”.

When you add those two numbers together, you get a grand total of 106.4 million U.S. adults that do not have a job right now.

At no point during the economic crisis of 2008 and 2009 did that number even reach 90 million.

So don’t let anyone convince you that unemployment is low.

http://themostimportantnews.com/archives/106-4-million-u-s-adults-do-not-have-a-job-right-now

Big Corporations, Investors Scooping Up Vast Swaths of Nebraska Farmland

Out-of-state corporate farming operations and investors spent $246 million on Nebraska farmland over the past five years, the most of any buyer type. Their deep pockets contribute to spiraling land prices that make expansion impossible for many local farmers.

https://childrenshealthdefense.org/defender/corporate-farming-operations-nebraska-farmland/?utm_source=luminate&utm_medium=email&utm_campaign=defender&utm_id=20231128

Cost of Illegal Immigration Greater Than Annual Gross Domestic Product of 15 States - Judicial Watch

https://www.judicialwatch.org/cost-of-illegal-immigration/?utm_source=deployer&utm_medium=email&utm_content=&utm_campaign=tipsheet&utm_term=members


16 posted on 11/29/2023 9:13:41 AM PST by GailA (GMOs have a new name 'BIOENGINEERED' read labels. Constitutional Conservative.)
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To: CatOwner

I would at least bump it up to $140 now and that still might be on the low side. I’ve changed my grocery budget since January 2021 and it’s still way up. If shopped the way I did pre-Biden for groceries I’d be spending close to double the money on food.


17 posted on 11/29/2023 9:17:05 AM PST by SlipperySlope99
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To: ChicagoConservative27

I remember paying $1.27 for a package of the $2.46/package cookies I’m nibbling on.


18 posted on 11/29/2023 9:19:42 AM PST by Brian Griffin
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To: ChicagoConservative27; All
Thank you for referencing that article ChicagoConservative27.

"$100 of Goods and Services Now Costs $119 After Years of Bidenomics [??? emphasis added]"


FR: Never Accept the Premise of Your Opponent’s Argument

Beware of politically correct vilification of Biden. After all, Biden is nothing more than corrupt Congress's scapegoat, comparable to when corrupt Congress let 2nd term Obama get away with many unconstitutional executive order edicts imo.

Regarding so-called Bidenflation, the drafters of the Constitution had actually given ordinary qualified citizen voters the power to indirectly regulate the value of money by giving voters the power to vote for federal representatives who do have such power.

"Article I, Section 8, Clause 5: To coin Money, regulate the Value thereof [emphasis added], and of foreign Coin, and fix the Standard of Weights and Measures;"

So why aren't career (hint) lawmakers owned by the corrupt, constitutionally undefined political parties taking full constitutional responsibility for regulating the value of money anymore?

The constitutional reality is that activist Democratic President Woodrow Wilson scandalously ignored first leading Congress to successfully petition the states to appropriately amend the Constitution to give Congress's power to regulate value of money to non-popularly elected federal bureaucrats before signing the unconstitutional bill that established the Federal Reserve.

That being said, consider that the next MAJOR political event in the U.S. is not when hopeful Trump 47 is elected for the third time, but when Democratic and Republican Trump supporters primary ALL state and federal incumbent lawmakers and executives up for reelection in 2024, except for MTG, Gaetz & Company, Jordan (and others?).

More specifically, patriots need to replace do-nothing incumbents with patriots who will not only support Trump to finish draining the swamp, but will also support Trump in leading the new Congress to surrender state powers that the unconstitutionally big federal government has been stealing from the states for the last 100+ years back to the states.

Finally, consider that probably the main reason that we hear media complaints about the electoral college is that it is the only thing stopping the corrupt political parties from establishing a permanent puppet presidency that will unquestioningly sign unconstitutional taxing and spending bills into law.


19 posted on 11/29/2023 9:20:19 AM PST by Amendment10
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To: Savage Rider

Most reports say it will be 3.2%.

Holders of Food benefits already got over 12% increase on Oct 1.


20 posted on 11/29/2023 9:20:25 AM PST by ridesthemiles
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