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Biden creates an economic crisis--Unemployment, Inflation, risk of STAGLFATION increasing


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2 hours ago, Tommy Callahan said:

Is the goal of public education to dumb down the population while hyper focusing on social issues?

 

 

 

This is insane.  You don't need to be able to learn anything in school but will still get your diploma.  Making it entirely useless because no one will hire you for anything worthwhile.

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MUST BE AN ELECTION COMING.

 

 

After Months of Gaslighting on the Economy, Biden FINALLY Has a Plan to Tackle Grocery Prices

Amy Curtis

 

88797ff9-2bdf-4811-8a01-77016cf44935-105

 

'The economy is fine!' 

 

'Wages are up!'

 

'Inflation is down!'

 

If all of those things sound familiar, it's because that's what the Biden administration has been telling us for years.

 

They bragged about saving you a whopping 16 cents on your Fourth of July dinner a couple of years ago and bragged about cheaper Thanksgiving dinners, too.

 

Now -- four months from the election -- Biden finally admits grocery prices are still too high. This is something 99.9% of Americans could've told you, and something that pops up as a major concern in polling.

 

And here's Biden's plan to 'fix' this problem:

 

 

Got that?

 

Sue businesses for price gouging.

 

Bully grocery stores into lowering prices.

 

Spend more money on food stamps (which will make prices go up as demand goes up).

 

Brilliant!

 

https://twitchy.com/amy-curtis/2024/07/03/biden-grocery-prices-n2397944

 

 

C'mon November !!

 

.

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44 minutes ago, Doc said:

But hey, 20+ week abortions are most important...

Here's the deal.  If Larry says she's a woman, then she's a woman!

 

Sincerely,

Biden

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Posted (edited)

Biden bs is keeping this all out of the cycle.  

 

 

Bidenomics is just massive funds directly to the fortune 500 (90 percent owned by three companies).  

Edited by Tommy Callahan
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JUST IN: The unemployment rate has ticked up to 4.1%,

going over 4% for the first time since November 2021.

 

- 74% of jobs added last month came from government

and healthcare education.

 

- May jobs were revised down from 272K to 218K.

 

- April jobs were revised down from 165K to 108K.

 

- Black and Asian unemployment rates increased.

 

- Full time employment in June actually decreased by

28,000 workers.

 

- Part time employment went up by 50,000 workers.

 

- In just over a year, the unemployment rate has increased from 3.4% to 4.1%.

 

 

 

 

 

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Here we go….

 

 

Americans are suddenly finding it harder to land a job — and keep it

 

 

The unemployment rate rose to a three-year high of 4.1% in June, with 6.8 million people unemployed. At that time a year ago, the unemployment rate was at 3.6% and 6 million people were unemployed.

 

The rising unemployment rate — driven primarily by more people entering the workforce — means that it’s getting more competitive for job hunters to get hired. It’s just one of several signs of the changing narrative in the labor market.

 

“We went from, ‘How is the job market defying gravity?’ to ‘Let’s hope it doesn’t hit the ground any faster,’” Luke Pardue, policy director at the Aspen Institute’s economic strategy group, told CNN.

 

Pay increases are leveling off

 

Job-switchers’ pay raises have pared down significantly from the “Great Resignation” period, according to a newly released analysis from Bank of America. In fact, median pay raises are just below 2019 levels, David Tinsley, senior economist at the Bank of America Institute, told CNN….

 

https://www.cnn.com/2024/07/08/economy/americans-harder-to-find-job/index.html

 

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