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

[B-Man]

LOL

 

 “Biden’s economic victory lap is 58 pages of malarkey.”

 

On Friday the White House released “the Biden-Harris economic blueprint” a/k/a “the President’s Economic Blueprint”.

 

It’s a “blueprint” with “five pillars” that have done so much for us already and promise to do more and worse in the future.

 

 

It doesn’t exactly require the strength of Samson to pull the pillars down. Here is one of Bovard’s examples:

 

CLAIM: “The Administration has taken critical steps forward in…improving our immigration system.”

 

FACT: The administration has effectively opened the southern borders, enabling millions of illegal immigrants to enter the nation and begin collecting federal benefits. Biden and most of the nation’s media have ignored the resulting chaos in Texas, Arizona and other states.

 

https://nypost.com/2022/09/09/bidens-economic-victory-lap-is-58-pages-of-malarkey/

[aristocrat]

 

[B-Man]

 

WELCOME BACK, CARTER: 

 

U.S. Economic Freedom Index Collapses to Carter Administration Levels.

 

 

https://www.aier.org/article/u-s-economic-freedom-index-collapses-to-carter-administration-levels/

 

 

 

[Tiberius]

 

[B-Man]

 

 

 

AND WASHINGTON STILL RAN A MULTITRILLION-DOLLAR DEFICIT: 

 

Americans Spent More on Taxes Last Year Than on Food, Health Care, Education, and Clothing Combined.

 

https://reason.com/2022/09/12/americans-spent-more-on-taxes-last-year-than-on-food-health-care-education-and-clothing-combined/

 

 

 

 

.

[Doc]

1 hour ago, Tiberius said:

 

 

They're down?  What, $.50 from their all-time high?  You think this is a winning message?

 

But just wait until October 1st and the lead-up to the mid-terms. 

[BillsFanNC]

 

So many threads where this could go. Isn't refusing to return to your place of employment called quitting? I'm sure that's the next word the left will redefine.

 

He added that being forced to return to the office during a period of high inflation means workers will have to spend more money on gas, mass transit, clothing and lunches, despite the lack of salary increase

 

 

 

[aristocrat]

 

lets see this spin zone here. Poor people getting bent the ***** over 

[Big Blitz]

In another universe this would read as a disaster for the party that brought you Covid:

 

 

(Bloomberg) -- US consumer prices were resurgent last month, dashing hopes of a nascent slowdown and likely assuring another historically large interest-rate hike from the Federal Reserve.

 

The consumer price index increased 0.1% from July, after no change in the prior month, Labor Department data showed Tuesday. From a year earlier, prices climbed 8.3%, a slight deceleration, largely due to recent declines in gasoline prices.

 

So-called core CPI, which strips out the more volatile food and energy components, advanced 0.6% from July and 6.3% from a year ago. All measures came in above forecasts. Shelter, food and medical care were among the largest contributors to price growth.

 

https://www.bloomberg.com/news/articles/2022-09-13/us-inflation-tops-forecasts-cementing-odds-of-big-fed-hike

 

 

 

January 6th!  Must Register women to vote for baby killing!  Trump!!!!

[Tiberius]

18 minutes ago, Big Blitz said:

In another universe this would read as a disaster for the party that brought you Covid:

 

 

(Bloomberg) -- US consumer prices were resurgent last month, dashing hopes of a nascent slowdown and likely assuring another historically large interest-rate hike from the Federal Reserve.

 

The consumer price index increased 0.1% from July, after no change in the prior month, Labor Department data showed Tuesday. From a year earlier, prices climbed 8.3%, a slight deceleration, largely due to recent declines in gasoline prices.

 

So-called core CPI, which strips out the more volatile food and energy components, advanced 0.6% from July and 6.3% from a year ago. All measures came in above forecasts. Shelter, food and medical care were among the largest contributors to price growth.

 

https://www.bloomberg.com/news/articles/2022-09-13/us-inflation-tops-forecasts-cementing-odds-of-big-fed-hike

 

 

 

January 6th!  Must Register women to vote for baby killing!  Trump!!!!

Dems brought us Covid? Whatever 

 

 

[B-Man]

 

 

Dow futures drop 400 points after hot inflation report
CNBC ^ | 09/14/2022 | Jesse Pound

 

Stock futures dropped on Tuesday morning after an August inflation report came in hotter than expected.

 

Dow Jones Industrial Average futures sank 406 points, or about 1.3%. S&P 500 futures fell 1.7% and Nasdaq 100 futures slid 2.3%.

 

The August consumer price index report showed a higher-than-expected reading for inflation. Headline inflation rose 0.1% month over month, even with falling gas prices. Core inflation rose 0.6% month over month.

 

Economists surveyed by Dow Jones had been expecting a decline of 0.1% for overall inflation, with a rise of 0.3% for core inflation.

 

(Excerpt) Read more at cnbc.com ...

 

https://www.cnbc.com/2022/09/12/stock-futures-are-higher-as-wall-street-awaits-key-inflation-report-.html

 

 

.

[RiotAct]

what a mess.

[Tenhigh]

1 hour ago, Tiberius said:

Dems brought us Covid? Whatever 

 

 

You are right here, Tibs, COVID was not brought to us by the Democrats.  Chinese Communist Party?  Probably.  

[Westside]

7 minutes ago, Tenhigh said:

You are right here, Tibs, COVID was not brought to us by the Democrats.  Chinese Communist Party?  Probably.  

Same thing. China owns the presidency and most of the far left.

[Tenhigh]

2 minutes ago, Westside said:

Same thing. China owns the presidency and most of the far left.

That seems a little hyperbolic, imo.  What makes you say this?

[Westside]

4 minutes ago, Tenhigh said:

That seems a little hyperbolic, imo.  What makes you say this?

I don’t know, maybe because china gave access to a billion dollars, being paid millions of dollars and giving your father “the big guy” ten percent. They are paid handsomely by our biggest threat to our democracy for a reason.

[Irv]

Dow Jones average down 700+ points today due to higher than thought inflation numbers.  Nice work Demented Biden.  What a mess.  

[Chef Jim]

10 minutes ago, Tenhigh said:

That seems a little hyperbolic, imo.  What makes you say this?

It was. 

[Big Blitz]

2 hours ago, Westside said:

Same thing. China owns the presidency and most of the far left.

 

 

Yep - and what's left of the old GOP

[Chef Jim]

7 minutes ago, Big Blitz said:

 

 

Yep - and what's left of the old GOP

 

They pretty much have us all by the balls and they know it.  This was the one thing I really backed Trump on.  He stood up to China.