Author Topic: Biden failures, corruption, destruction, and collapse Thread.  (Read 262580 times)

Gym Rat

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Re: Biden failures, corruption, destruction, and collapse Thread.
« Reply #4025 on: May 04, 2024, 12:06:02 AM »
Prime owns himself daily. Sucks disgusting glory-hole caulk.
Traitor to his dead wife.
But worries how others behave. A real demented and sick individual...

You just know he has a lifetime of swallowing "man-naise" behind his wife's back.
Gargling groin-gravy.
  :-[

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Re: Biden failures, corruption, destruction, and collapse Thread.
« Reply #4026 on: May 06, 2024, 11:24:31 AM »
Warren Buffet Warns That You're Going to Get a Tax Hike
PJ Media ^ | MAY 06, 2024 | Stephen Green
Posted on 5/6/2024, 1:22:59 PM by george76

Warren Buffett, the billionaire Oracle of Omaha, says that Washington will likely "take a larger percentage of what we own

...

Joe Biden .. won't push to extend the Trump tax cuts next year

...

if Congress fails to extend the Trump-era tax cuts, it means an average American family of four making $75,000 will get hit with a $1,500 tax increase. “Main Street businesses will face a 43.4 percent tax rate” and “working parents will suffer from a Child Tax Credit slashed in half” along with the standard deduction every taxpayer is due.

Remember Biden's promise not to raise taxes on anyone making less than $400,000? If you had a dollar for every time Biden has broken that promise, you might have enough money to pay for those tax hikes he said you wouldn't be getting.

...

IRS is still focused on the middle class... 63% of new audits targeted taxpayers with income of less than $200,000. Only a small overall share reached the very highest earners, while 80% of audits covered filers earning less than $1 million.

Biden's so-called Inflation Reduction Act included an $80 billion budget boost for the IRS, ostensibly so those new agents could focus their audits on "the rich." And yet, the WSJ story said, "the agency has been slow to shift its focus to high-income taxpayers, who make up a small share of total filings." Rich people have better accountants than the IRS does; the middle class doesn't. The IRS knows exactly which chickens are ripe for plucking.

...

Forget Buffett's warning that tax hikes are "likely" on the way. In the form of inflation, increased audits on the middle class, and the expiration of the Trump tax cuts, they're either already here or quickly coming.

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

Primemuscle

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Re: Biden failures, corruption, destruction, and collapse Thread.
« Reply #4027 on: May 06, 2024, 01:12:34 PM »
Prime doesn’t even realize he owned himself

You might want to read my post with the visual again. It seems your math skills are under par, Coach. Currently, 2004 has lowest job growth per month of the last four years and yet it exceeded the job growth per month in each of the 4 years during the previous administration. The expectation is that job growth per month will continue to flourish during the 8 remaining months of 2004. 

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Re: Biden failures, corruption, destruction, and collapse Thread.
« Reply #4028 on: May 06, 2024, 02:07:05 PM »
You might want to read my post with the visual again. It seems your math skills are under par, Coach. Currently, 2004 has lowest job growth per month of the last four years and yet it exceeded the job growth per month in each of the 4 years during the previous administration. The expectation is that job growth per month will continue to flourish during the 8 remaining months of 2004.

Creating part-time and government jobs hardly constitutes "flourishing." 

Primemuscle

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Re: Biden failures, corruption, destruction, and collapse Thread.
« Reply #4029 on: May 06, 2024, 05:33:56 PM »
Creating part-time and government jobs hardly constitutes "flourishing."

True. But then the job market has changed drastically since COVID. Wells Fargo and other banks are shuttering hundreds of their locations (in Oregon alone), because people are banking online and not so much in person. Business districts in major cities have an untold number of vacancies. Why? Because we discovered multiple jobs can be done from home. The pandemic changed the way we live and work.

While government jobs often pay less than the private sector, they tend to be more secure and have better benefits. In 2022 about 13.4 percent of employed people worked for the government.

Dos Equis

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Re: Biden failures, corruption, destruction, and collapse Thread.
« Reply #4030 on: May 06, 2024, 06:10:32 PM »
True. But then the job market has changed drastically since COVID. Wells Fargo and other banks are shuttering hundreds of their locations (in Oregon alone), because people are banking online and not so much in person. Business districts in major cities have an untold number of vacancies. Why? Because we discovered multiple jobs can be done from home. The pandemic changed the way we live and work.

While government jobs often pay less than the private sector, they tend to be more secure and have better benefits. In 2022 about 13.4 percent of employed people worked for the government.

Yes Covid changed the way a lot of companies do business.  That doesn't change the fact that the Biden Administration and the media are being dishonest by not providing the proper context for this supposed job growth.  No different than trying to take credit for being reemployed after Covid as some sort of job growth explosion.  It's all smoke in mirrors. 

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Re: Biden failures, corruption, destruction, and collapse Thread.
« Reply #4031 on: May 07, 2024, 03:02:14 PM »
Yes Covid changed the way a lot of companies do business.  That doesn't change the fact that the Biden Administration and the media are being dishonest by not providing the proper context for this supposed job growth.  No different than trying to take credit for being reemployed after Covid as some sort of job growth explosion.  It's all smoke in mirrors.

What starting point determines job growth, in your opinion. It seems to me anytime there are more people employed and less unemployed then at some previous time this is job growth. The Great Depression probably put more folks out of work percentagewise than at any other time. It officially ended in 1933. After that job growth (new jobs) put people back to work and the economy began to improve very slowly until almost the mid 1940's. The Great Recession lasted only two years and once again the recovery was slow. The recovery didn't really take off until after 2009. 2010 to 2017 private employers added 18.0 million jobs = job growth. Jobs growth is the net increase in number of nonfarm payrolls during the previous month. Therefore, job growth is literally on a month to month basis.


Dos Equis

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Re: Biden failures, corruption, destruction, and collapse Thread.
« Reply #4032 on: May 07, 2024, 03:14:29 PM »
What starting point determines job growth, in your opinion. It seems to me anytime there are more people employed and less unemployed then at some previous time this is job growth. The Great Depression probably put more folks out of work percentagewise than at any other time. It officially ended in 1933. After that job growth (new jobs) put people back to work and the economy began to improve very slowly until almost the mid 1940's. The Great Recession lasted only two years and once again the recovery was slow. The recovery didn't really take off until after 2009. 2010 to 2017 private employers added 18.0 million jobs = job growth. Jobs growth is the net increase in number of nonfarm payrolls during the previous month. Therefore, job growth is literally on a month to month basis.

Job growth in this context excludes jobs that returned after the Covid shutdown.  It also should exclude part-time jobs. 

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Re: Biden failures, corruption, destruction, and collapse Thread.
« Reply #4034 on: May 14, 2024, 09:09:49 AM »
Wholesale inflation unexpectedly jumps again to highest level in a year
foxbusiness ^ | 05/14/2024 | Megan Henney
Posted on 5/14/2024, 9:04:08 AM


Inflation at the wholesale level rose much more than expected in April, the latest sign that price pressures within the economy remain elevated and difficult to tame.

The Labor Department said Tuesday that its producer price index, which measures inflation at the wholesale level before it reaches consumers, rose 0.5% in April from the previous month. On an annual basis, prices remain up 2.2% — the highest level since April 2023.

While the monthly gain is notably higher than the 0.2% increase forecast by LSEG economists, the headline figure is in line with expectations.

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

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Re: Biden failures, corruption, destruction, and collapse Thread.
« Reply #4035 on: May 14, 2024, 09:42:12 AM »
A “Restaurant Apocalypse” Is Starting to Sweep Across America, and That Is Really Bad News for the U.S. Economy
Discern Report ^ | May 14, 2024 | Michael Snyder
Posted on 5/14/2024, 11:40:24


(The Economic Collapse Blog)—You can get a really good idea how the U.S. economy is doing by watching restaurants in your area. When the economy is booming, restaurant parking lots are full and chains are feverishly establishing new locations. But when the economy is struggling, restaurants get a lot less traffic and poor performing locations get shut down. Sadly, in 2024 it appears that a “restaurant apocalypse” has started to sweep across America.

Most people have very little discretionary income to spend as a result of our cost of living crisis, and that is particularly true for our young adults. Americans under the age of 40 love to eat out, but these days most of them are experiencing financial stress, and this is having an enormous impact on the restaurant industry.

In 2023, visits to sit-down restaurants dropped by about five percent compared to 2022…

Americans are eating out less as inflation weakens the dollars in their pocket, which is leading to some harsh consequences for restaurants across the country.

Visits to sit-down restaurants were down nearly five percent in 2023 from the year prior, according to location analytics firm Placer.ai.

So this is a trend that has stretched on for over a year. People just aren’t eating out as much as they once did.

As a result, we are seeing a wave of closures all over the country. Even in the Big Apple, large numbers of restaurants are being shut down…

Even big metropolitan areas in the US known for their great dining spots are struggling to maintain an environment where it’s profitable to run a restaurant.

Eater NY reported that over 40 bars and restaurants closed in New York City from December 2023 to January 2024, with some of the owners saying business simply never picked up after the COVID lockdowns in 2020.

When times get tough, difficult decisions need to be made.

Survival Beef Company CEO: “No Lab-Grown Meat, No mRNA Jabs, and No ‘Beef Crumbles’ Ever” After closing 46 restaurants last year, Applebee’s has decided to close another 35 locations this year…

Applebee’s is to close another 35 further locations this year, after shutting 46 in 2023.

The restaurant chain has shut at least three locations so far this year and has plans to close even more, president Tony Moralejo said in an earnings call on Wednesday.

Closing restaurants was ‘an incredibly difficult decision’ and a ‘last resort’ for the company, Moralejo said.

And I am very saddened by what has happened to Boston Market.

At one time they had almost 1,000 locations all over the United States, but now the entire chain is about to go belly up…

In the case of Boston Market, a chain that once had nearly 1,000 locations nationwide, the company’s death has been slow, but the pace of its demise has picked up over the past few months.

Now, with its store count continuing to dip, the chain seems to have reached the end even if it won’t confirm that given that there no longer appears to be anyone around to make that decision.

Boston Market owner Jignesh “Jay” Pandya was recently denied Chapter 11 bankruptcy for the second time and has been barred from filing again for six months. That leaves his company, which faces massive financial obligations, unable to gain court protection from its creditors.

Our ongoing inflation crisis is the primary reason why this is happening.

Consumers simply have a lot less discretionary income now. Meanwhile, restaurants are facing much higher costs…

Jessica Dunker, the president and CEO of the Iowa Restaurant Association, said the reason restaurants are shuttering is because the cost of goods is up 30 percent and they are having to shell out higher wages to keep staff on.

Unfortunately, things aren’t going to get any better any time soon. For example, the cost of orange juice is expected to go up dramatically because of a very bad harvest in Brazil…

Breakfast lovers are in for another jolt as orange juice prices surge to near-record levels. A new report released on Friday indicates that Brazil, the leading global exporter of OJ, is facing its worst harvest in over three decades. This alarming development compounds existing issues in Florida’s citrus groves, which have been plagued by disease and are experiencing collapsing production levels to the lowest in decades.

Fundecitrus wrote in a note that Brazil will produce 232.4 million boxes—each weighing about 90 pounds—for the growing season this year. That’s a 24% collapse from a year earlier and the lowest production levels in 36 years.

We have reached a point where the vast majority of Americans just can’t afford to eat out on a regular basis.

Needless to say, that is really bad news for fast food chains like McDonald’s.

At one time, serving middle class families was their core business.

But now most middle class families just can’t afford to eat at McDonald’s very often.

In a desperate attempt to lure them back, McDonald’s will soon introduce a five dollar meal deal…

McDonald’s is looking to launch a $5 meal in the US in a move to bring back price-sensitive customers.

The meal includes four items, people familiar with the matter told Bloomberg and Restaurant Business. Customers would choose between two of the chain’s signature burgers — a McChicken or a McDouble — and get four-piece McNuggets, fries, and a drink. The $5 promotion would last for a month, Bloomberg reported.

So they are going to bring back affordable food for one month.

That’s just great.

Unless they make the five dollar meal deal permanent, I don’t expect that it will make much of a difference.

Consumers are really hurting right now. In fact, consumer sentiment just fell to the lowest level in six months…

Consumer sentiment plunged to the lowest level in six months as price increases reaccelerated, according to the latest University of Michigan survey of consumers, released Friday.

Additionally, consumers are bracing for even higher price increases in the year ahead compared to readings from prior months, the survey found.

The gauge, which is closely tracked by the Biden administration, plunged 13% from April’s 77.2% reading, to 67.4%. That’s the biggest one-month drop since mid-2021. Economists polled by FactSet were expecting consumer expectations to fall to just 76.9%.

As I have discussed previously, the American people are deeply pessimistic about the economy at this stage.

And they have good reason to be pessimistic, because even though our politicians in Washington are engaging in an unprecedented spending spree in a desperate attempt to keep the economy propped up, the truth is that the wheels are starting to come off and tremendous chaos is ahead.

Ed Dowd agrees that big trouble is coming during the months ahead. He just told Greg Hunter that he expects the U.S. economy “to take a nosedive sometime in the next 12 months”…

What happens to the Biden economy? Dowd says, “The economy is going to take a nosedive sometime in the next 12 months. The real economy is not doing well. . . . The only thing that has been holding up the GDP growth is government spending. We are spending $1 trillion every 100 days. That’s adding $1 trillion to the deficit. The only job creation is government jobs, and they don’t actually add to the economy. . . . Reports are coming out now that the low-income consumer is getting absolutely hammered. McDonald’s talked about it in their most recent earnings call. . . . So, low-income and the middle-class are getting squeezed while the rich continue to plug along.”

I agree.

Of course we don’t have to wait for the economy to come apart at the seams, because that is already happening.

At one time, the entire world marveled at the greatness of the mighty U.S. economy, but our leaders have completely wrecked it.

There is no way that we are going to be able to avoid disaster, and so I would encourage you to prepare for very hard times while you still can.

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Re: Biden failures, corruption, destruction, and collapse Thread.
« Reply #4036 on: May 14, 2024, 10:27:59 AM »
McDonald's may consider $5 value meal as food prices continue to soar
As fast food prices climb, McDonald's is reportedly planning a new $5 meal.


McDonald's could soon be lowering prices and possibly launching a new value meal to its menus.

The Golden Arches currently offer some individual items on its $1, $2, $3 menu, but it may be rolling out a new value meal with a McChicken or McDouble, fries and a drink for just $5, as Bloomberg first reported.

Knowing that consumers have grown tired of sticker shock on food, Chief Executive Officer Chris Kempczinski said McDonald's would look to be "laser-focused on affordability." He was speaking on the company's first quarter earnings call late last month, after profits fell short of expectations.

People fed up with soaring prices have taken to social media to sound off about how much they're paying for fast food.

Colleen Pipes, whose video went viral after she spent $14 on a fast food order, told ABC News, "I joked that this was fine dining now, because I might as well go at a sit-down restaurant and be served [to] pay those type of prices."

In March, fast-food prices were 33% higher compared to 2019, according to the Department of Labor, while grocery prices were up 26%.

Companies like Starbucks reported a slow in sales with a 7% drop in transactions at the Seattle-based coffee chain.

Starbucks told ABC News that some price increases at their stores has been a result of customers opting in for customizations on drinks, which can bump up the price.

Consumer behavior is also changing outside restaurants, while shoppers like Lorin Augeri of Tampa, Florida scour to score the best prices on groceries by going to multiple stores.

I've learned how to map out where those things are going to be less expensive, or which stores have the items that me and my family enjoy eating," she told ABC News.

According to the U.S. Department of Agriculture, the price of beef is predicted to increase 3.3% in 2024, with eggs up 4.8% and sugar and sweets up 4.3% this year.

Professor Roger Beahm, who teaches marketing at Wake Forest University School of Business, told ABC News that much has changed since the COVID-19 pandemic.

"Before the pandemic consumers tended to shop primarily at one grocery store -- the pandemic was very disruptive," he said. "Consumers couldn't get a lot of the products that they wanted at one particular store. So they actually started shopping in more retail grocery stores."

Consumers like Pipes are begging fast food chains and grocery stores to do something about it.

Please lower your prices so you can't go up any further," she said.

While McDonald's has not yet officially confirmed the new value meal, the company has long stated and reiterated that prices vary by location due to individual franchisee decisions.

Competitors like Burger King offer a $5 value meal, as does Wendy's, who recently announced a new 6-piece chicken nuggets for free on Wednesdays with any mobile app purchase for rewards members.

https://abc7.com/post/mcdonalds-5-value-meal-deal/14808039/?ex_cid=TA_KABC_FB&utm_campaign=trueAnthem%3A+New+Content+%28Feed%29&utm_medium=trueAnthem&utm_source=facebook&fbclid=IwZXh0bgNhZW0CMTEAAR3MVBbqzAUkHsX0UYDkXAmnpT-EtDJkFKROdOLsgepaPNyZ6kTwA3l7LWg_aem_AcGOWxYj6Tzvszrhl2Y-frI1K_o01CDLUSCDHPj33VtnugAGpZWXbZDH9e16UV1UBJmWVu09LjUH-cXVWI6vF2K4#lw6nugdam3389s68s1


Soul Crusher

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Re: Biden failures, corruption, destruction, and collapse Thread.
« Reply #4038 on: May 15, 2024, 05:39:40 AM »
Dems push Biden to act on food prices with inflation ranking as top issue ahead of election
Fox News ^ | 5/14/24 | Julia Johnson
Posted on 5/15/2024, 5:38:04 AM by Libloather

Dozens of Democratic lawmakers signed a letter to President Biden, pleading with him to act on high grocery prices that have been slow to fall as inflation has come down.

Sen. Elizabeth Warren, D-Mass., led the letter Monday morning, calling on Biden to "exercise your executive authority to take additional action to address rising food prices without congressional action."

The letter amassed 40 Democratic signatories between the House and Senate, including senators Bernie Sanders, I-Vt., and Richard Blumenthal, D-Conn., and representatives Ilhan Omar, D-Minn., Alexandria Ocasio-Cortez, D-N.Y., and Rashida Tlaib, D-Mich., among others.

The lawmakers acknowledged "Americans are facing sky-high food prices."

Notably, grocery prices have not fallen at the same rate as inflation. This is "caused by excessive price gouging by food and grocery giants," the Democrats claimed.

Democrats asked Biden to direct his administration's Department of Justice to "prosecute actors in the agricultural and food sectors for pricefixing and other anticompetitive behavior" and task the Commodity Futures Trading Commission (CFTC) and the Federal Trade Commission (FTC) with creating a joint task force with the purpose of investigating the manipulation of food prices.

"Our letter is about pointing out areas that exist in the law but have long been underused," Warren told Time magazine in an interview. "Now is the perfect moment to move."

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

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Re: Biden failures, corruption, destruction, and collapse Thread.
« Reply #4039 on: May 20, 2024, 11:17:32 AM »

Primemuscle

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Re: Biden failures, corruption, destruction, and collapse Thread.
« Reply #4040 on: May 20, 2024, 05:37:57 PM »
Job growth in this context excludes jobs that returned after the Covid shutdown.  It also should exclude part-time jobs.

It seems to me there are only a few ways job growth happens. The most common or frequently being recovery from an economic downturn such as a depression or a recession. Another is an increase in population. More people mean more services and goods are sold and therefore more folks work in jobs which supply these things. Historically, wars have a similar effect on jobs and the economy. For example,  "In 1942, the federal government levied a 5 percent withholding tax on anyone who earned more than $642 a year. The war created 17 million new jobs at the exact moment when 15 million men and women entered the armed services--unemployment virtually disappeared." https://www.economicsandpeace.org/wp-content/uploads/2015/06/The-Economic-Consequences-of-War-on-US-Economy_0.pdf

There is no reason for job growth that can be discounted. No matter what ignites it, is a valid reason. People in government leadership positions, such as the U.S. President generally take some of the credit for this whether they are directly responsible for it or not.

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Re: Biden failures, corruption, destruction, and collapse Thread.
« Reply #4041 on: May 20, 2024, 06:30:25 PM »
It seems to me there are only a few ways job growth happens. The most common or frequently being recovery from an economic downturn such as a depression or a recession. Another is an increase in population. More people mean more services and goods are sold and therefore more folks work in jobs which supply these things. Historically, wars have a similar effect on jobs and the economy. For example,  "In 1942, the federal government levied a 5 percent withholding tax on anyone who earned more than $642 a year. The war created 17 million new jobs at the exact moment when 15 million men and women entered the armed services--unemployment virtually disappeared." https://www.economicsandpeace.org/wp-content/uploads/2015/06/The-Economic-Consequences-of-War-on-US-Economy_0.pdf

There is no reason for job growth that can be discounted. No matter what ignites it, is a valid reason. People in government leadership positions, such as the U.S. President generally take some of the credit for this whether they are directly responsible for it or not.

For you ............

https://www.getbig.com/boards/index.php?topic=692592.0

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Re: Biden failures, corruption, destruction, and collapse Thread.
« Reply #4042 on: May 21, 2024, 12:24:43 PM »
Need more Ivermectin. These are the reported numbers. You know how high it really is.



Southern US Border Sees 143% Jump In Imported Malaria: CDC


https://www.zerohedge.com/medical/southern-us-border-sees-143-percent-jump-imported-malaria-cdc


Primemuscle

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Re: Biden failures, corruption, destruction, and collapse Thread.
« Reply #4043 on: May 21, 2024, 12:47:35 PM »
For you ............

https://www.getbig.com/boards/index.php?topic=692592.0

Thanks Tony, but you must be losing your mind again. It appears you have difficulty staying on topic lately. How does that link relate to job growth in the U.S.?

illuminati

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Re: Biden failures, corruption, destruction, and collapse Thread.
« Reply #4044 on: May 21, 2024, 01:16:59 PM »
Thanks Tony, but you must be losing your mind again. It appears you have difficulty staying on topic lately. How does that link relate to job growth in the U.S.?

Tony ?
I told you previous its a name I use in PM's to see who leaks info.

Why are you avoiding that thread ??
Vince G has already exposed himself for what he is  Are you so scared to also ??

For you ............
https://www.getbig.com/boards/index.php?topic=692592.0

I'll stay as much on Topic as you do - Pot / Kettle - Look at your own Hypocrisy when it
Comes to staying on topic .


Primemuscle

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Re: Biden failures, corruption, destruction, and collapse Thread.
« Reply #4045 on: May 21, 2024, 03:39:01 PM »
Tony ?
I told you previous its a name I use in PM's to see who leaks info.

Why are you avoiding that thread ??
Vince G has already exposed himself for what he is  Are you so scared to also ??

For you ............
https://www.getbig.com/boards/index.php?topic=692592.0

I'll stay as much on Topic as you do - Pot / Kettle - Look at your own Hypocrisy when it
Comes to staying on topic .

Okay, then I guess I will address you and 'Mud' from now on.

When something is blatantly irrelevant, I tend to avoid it.

Vince exposed himself as being, thoughtful, intelligent, logical, and disinclined to defame people not proven guilty pedophilia. On the other hand, you appoint yourself judge and jury. FYI, I checked and in Great Britain folks are innocent until proven guilty just like in the U.S.

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Re: Biden failures, corruption, destruction, and collapse Thread.
« Reply #4046 on: May 21, 2024, 04:35:09 PM »

Skip to comments.

White House Continues Touting ‘Bidenomics’ As More Americans Fall Farther Behind
Conservative Brief ^ | 5/21/2024 | Jon Dougherty
Posted on 5/21/2024, 5:46:30 PM by Signalman

The White House is continuing to praise “Bidenomics” — the culmination of President Joe Biden’s economic policies — as a success despite reams of data and other evidence showing average Americans falling further behind in their personal finances amid high inflation, lending rates, and housing costs.

Administration officials have highlighted various indicators, such as major stock indices, jobs reports, and inflation rates, to demonstrate an improving economic situation. However, this message does not seem to have strongly resonated with the American public, Just the News reports.

According to a recent Harvard Center for American Political Studies (CAPS)/Harris survey, far from feeling optimistic about the nation’s economic future or perceiving an economic upturn, a majority of Americans believe they were better off four years ago under the previous administration.

The outlet reported that the Dow Jones Industrial Average topped 40,000 for the first time in history, giving the administration a win, while inflation ticked downward to a still-high 3.4 percent (when Biden entered office in January 2021, the rate was 1.4 percent). However, unemployment rose slightly to 3.9 percent while the Consumer Price Index, a leading inflationary indicator, also inched higher.

The outlet reported further:

Voter perception of the economy, meanwhile, deteriorated marginally from the Harvard/Harris survey’s April iteration. In the latest data, 42% of respondents perceived the economy to be “strong,” compared with 58% who deemed it “weak.” In April, those figures stood at 43% “strong” and 57% “weak.”

Optimism on the economy, moreover, appears to have faded, albeit slightly. In the May survey, 34% of respondents said the economy was on the “right track” while 60% said it was on the “wrong track” and 6% were “unsure.”

By party, 59% of Democrats said the economy was on the “right track” while only 28% of independents and 13% of Republicans said the same, reflecting a considerable partisan split in perception of the economy.

The negative perception of economic trends aligns with findings from the recent Freedom Economy Index survey. Released last week, the survey revealed that 22% of small businesses stated they “definitely” would not survive another term under President Biden, while an additional 26.2% said they “probably” would not.

The economic disparities being felt by most Americans are very real, despite the macroeconomic figures like the rising stock market indices touted by the Biden administration.

A pair of graphs are going viral on social media showing vast disparities in household wealth during former President Donald Trump’s term and that of President Joe Biden when inflation is factored in.

Last week, The Wall Street Journal released illustrations in a report that analyzed household net worth—calculated as stocks, bonds, cash, and property minus debts—during the first three years of Trump’s administration compared to the first three years of Biden’s tenure.

Drawing on data from the Federal Reserve, including seasonally adjusted figures for the Biden years, the newspaper reported that total household net worth increased by 23% during the first three years of Trump’s presidency and 19% during the first three years of Biden’s term.

When adjusted for inflation, The Wall Street Journal reported that net worth rose 16% during Trump’s first three years in office and just 0.7% during Biden’s first three years.

Graphs illustrating data on household wealth, which adjusted for inflation to show the Trump years line higher than the Biden years line, were posted on X (formerly Twitter) on Sunday by the Republican National Committee and other accounts.

“This is the difference between the Trump and Biden presidencies — inflation has destroyed everything, we all have less than we did before Biden entered office,” said OutKick founder Clay Travis, who shared and commented on the Journal’s graph and findings over the weekend.

Scott Jennings, a CNN political commentator, added, “As Biden camp gropes for answers, this is all you need to know … about the president’s struggles with every demographic.” Meanwhile, Journalist and podcast host Saagar Enjeti simply declared, “My goodness.”

TOPICS: Miscellaneous

illuminati

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Re: Biden failures, corruption, destruction, and collapse Thread.
« Reply #4047 on: May 21, 2024, 05:14:47 PM »
Okay, then I guess I will address you and 'Mud' from now on.

When something is blatantly irrelevant, I tend to avoid it.

Vince exposed himself as being, thoughtful, intelligent, logical, and disinclined to defame people not proven guilty pedophilia. On the other hand, you appoint yourself judge and jury. FYI, I checked and in Great Britain folks are innocent until proven guilty just like in the U.S.

NO He Fucking didn't- he did as you so often do he avoided answering & Kept on & on about
The diary being Stolen - It wasn't She left it & other item when she moved.
He didn't answer a single thing.

He's exposed himself as a Pedo Sympathiser & Denier.
Yeah I am judging what I've seen , read & accusations from his daughter & the other young
Girl about Pedo Joe. He's a Dirty Fucking Pervert Pedo I'd say.

You shut your eyes & ears & ignore all that.  Disgusting

Soul Crusher

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Soul Crusher

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Re: Biden failures, corruption, destruction, and collapse Thread.
« Reply #4049 on: May 22, 2024, 10:45:15 AM »
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White House Scrubs Joe Biden’s Transcript of Nine Embarrassing Errors, Gaffes
Breitbart ^ | 05/22/2024 | WENDELL HUSEBØ
Posted on 5/22/2024, 12:05:59 PM by ChicagoConservative27

Aides to President Joe Biden corrected nine gaffes on a transcript of his speech delivered on Sunday, raising concerns about Biden’s fitness for office.

The White House issued a total of 148 corrections to transcripts of his remarks between January and April, a Daily Caller analysis found.

Biden, whom Special Counsel Robert Hur described as “an elderly man with a poor memory,” delivered the errors and gaffes while speaking to the National Association for the Advancement of Colored People (NAACP) in Detroit, Michigan, on Sunday.

Shortly after the speech, Biden’s aides began scrubbing the transcript to omit Biden’s comments about Capitol protestors being “irrectionists.” They also changed Biden’s claim that he was vice president during the coronavirus pandemic. The transcript, released Monday, is riddled with strikethroughs of mistakes and corrections of comments in brackets.

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