Bull Shit.
Almost of all of that “booming” GDP is an artifact of deficit spending. And all of that liquidity is inflating the stock market, little of which is reaching most Americans.
Everyone knows the prices are way the hell up and coming down anytime soon. Home ownership off the table for most.
“Yet many Americans think the economy stinks”
Perhaps they went shopping for groceries.
Three years ago we were pretty comfy. Now? Nope!
“Statistical anomalies”
The author says it’s raining ... but it feels warm and looks yellow.
Good Lord! I saw Twitchy headline that MSM was busy gaslighting Bidenomics, but seriously?
Yes, it is totally normal to go to a local grocery store and see a man staring at the canned fruit and then asking us to verify the prices he sees on the shelves.
Most of the name brand regular size cans of fruit going for over $5 each.
One regular size can of pear chunks was over $10.
If you are someone like a doctor, elected official, overpaid college professor, a slacker or other deadbeat who just got a $200,00 bailout
on your unpaid college loans life probably seems pretty good at the moment.
But not so good if you are a hard working taxpayer who couldn’t afford college or paid off your own loans and are now stuck paying off
the billions Biden just gave to college educated deadbeats.
No economic stat released by the Biden admin is credible. They’re cooking the books.
“Another challenge for Biden is that many Americans are probably comparing today’s US economy to the economy in 2019. On that basis, yes, inflation is worse now, gas prices are higher, and there are unnerving wars in Europe and the Middle East.”
LOL! GNS!
What “war” in Europe?
If it’s booming why is my industry starting to slow like we’ve never seen before? I do monument inscription. Having their loved ones names on the existing monument is very important to most people. Slowdowns were always slight and short lived. Important doesn’t equal necessary however. In Biden’s economy after paying for the funeral and the burial dropping a grand or more for the inscription may be getting a lot harder.
it must be. a little man who wasn’t there told me it was great.
LOL! at their fantasy numbers for the economy.
Their argument is basically that the economy is booming and tens if not hundreds of millions of Americans are just too stupid to realize it. DO keep pushing this argument Lefties. I’m sure that will go over well with the voters.
——Booming——
A better adjective might be muddling through.
City States are failing, destructing before our eyes. Tent cities within cities defy the concept of booming. Block after block after mile after mile of closed and vacant storefronts are testimony to a failed economy.
American auto manufacturing will effectively cease this summer. There are no customers and the dealers have literally years of inventory stagnant on lots. How can they sell ‘24 models when they are burdened with unsalable ‘22 and ‘23 models, (don’t even think of the ‘coming ‘25 models)
The auto foreclosure rate has grown to the point where some banks don’t make auto loans. No loans, no sales, no manufacturing
The Biden Administation is LYING to its citizens. We are in a recession, just look around.
Yeah - us folks in the Middle Class are living in the universe where having our money worth 25% less than a couple years ago hurts...