Big Blitz Posted January 31 Author Posted January 31 (edited) 9 hours ago, B-Man said: Janet Yellen Throws Biden Under the Bus With Astounding Comment Destroying His Claims About Inflation by Nick Arama So many people have been crushed under the bootheel of "Bidenomics" and Bidenflation for so long. It's one of the main reasons Joe Biden's numbers are in the basement in terms of approval, particularly when it comes to the economy. First, the Biden team denied the reality of the crushing inflation, calling it "transitory." Then they claimed it wasn't Joe Biden's fault, despite his excessive spending. They blamed it on Russia and greedy corporations, among others. Now Biden has been saying prices are coming down and claiming credit, even though prices are still up more than when he came in. That's the shtick he's been rolling out at campaign events now. The problem, of course, the American people know how his words don't match up with how much more is still going out of their pockets each month for things like food and other essentials. Biden is trying to sell us on this fiction of how much he's doing to change what he broke, and no one believes him because he doesn't even understand the problem. Or he does and he just wants to spin us. But now, Treasury Janet Yellen just threw him under the bus with what she had to say about inflation. She was being interviewed by ABC when she was asked how she would convince people that prices might not go back to what they were before the pandemic. This is an astounding statement, especially in light of what Biden keeps saying now. https://redstate.com/nick-arama/2024/01/29/yellen-inflation-comments-n2169361 . If you’re voting for these people you need to be sent straight to the sun. I've said it a million times. I will not tell you Trump will save us or vote Trump. But your voting Democrat is destroying the country. January 6! Edited January 31 by Big Blitz 1
B-Man Posted February 1 Posted February 1 Treasury Secretary Janet Yellen offered a rare moment of Biden administration transparency on the economy this week. “Well, I think most Americans know that prices are not likely to fall,” Yellin told ABC News on Sunday. “It’s not the Fed’s objective to try to push the level of prices back to where they were.” And with that, the cat was out of the proverbial bag. This key admission came just as Team Biden is once again trying to revise its economic message with President Joe Biden’s job approval numbers nearly in historically bad territory. If ever there was a time for a political reset, this is it. But the messaging wizards seem to have failed the president when it comes to selling his economic record to what is an unhappy and unconvinced electorate. The problem is, when it comes to their own personal economies, voters know better. As prices began to skyrocket shortly after passage of the “American Rescue Plan,” people didn’t buy the administration’s first narrative that “inflation is only transitory.” As support for Biden’s economic policies nosedived, the White House messaging team, inexplicably, created “Bidenomics.” I suppose they believed that a catchy marketing term would persuade “uninformed” voters that the economy was improving and life under Biden was good, if not great. But again Biden’s numbers didn’t improve. After pressure from congressional Democrats to drop the “Bidenomics” slogan, it disappeared briefly from the White House’s lexicon, but with nothing else to sell, it wasn’t long before Bidenomics 2.0 appeared on the scene with a new and improved focus — democracy and taxes — and rumbles that the White House thinks the way to win the economic issue now is to contrast Bidenomics with so-called “Trumpenomics.” Biden and his team don’t seem to understand the significant and potentially insurmountable disconnect that exists between the president’s economic message and what the American people believe — and why they believe what they do. The answer can be found in the Bureau of Labor Statistics’ numbers. The Biden administration likes to tout its success in getting inflation down to under 4 percent for seven consecutive months. But when he came into office, inflation was at 1.4 percent in January 2021, and had been under 3 percent for 109 consecutive months. So even at the current levels, down from the highs of summer 2022, the Biden administration has not yet matched prior presidents’ inflation levels going back almost a decade, spanning Donald Trump’s entire presidency and the majority of President Barack Obama’s tenure. https://rollcall.com/2024/01/31/bad-news-for-biden-on-inflation-voters-have-long-memories/ 1
B-Man Posted February 2 Posted February 2 "Grocery prices have jumped by 25 percent over the past four years, outpacing overall inflation of 19 percent during the same period...." WaPo reports... with predictable efforts to support Biden. Americans are finally getting a break from inflation, with prices for gasoline, used cars and health insurance all falling over the past year, relieving families and buoying President Biden’s 2024 reelection bid.... Stubbornly high grocery prices represent a critical drain on the finances of tens of millions of people and remain, along with housing, perhaps the most persistent economic challenge for the Biden administration as it tries to convince Americans the economy is back on solid footing.... https://www.washingtonpost.com/business/2024/02/02/grocery-price-inflation-biden/ .
Big Blitz Posted February 13 Author Posted February 13 Gas is up over .40 cents in a week. Biden blaming corporations for shrinkflation. Kids college debts are now due. If you’re paying attention - the FAFSA applications have been delayed multiple times and now pushed to April. But Wall Street!!! Lol lol Ds sounding like 2003 Republicans. Let’s Go Brandon!!!!! 1
Big Blitz Posted February 13 Author Posted February 13 Those 5 trays that are shrunk for the rest of us cost $50 now. 4 years ago they cost $30. 1
B-Man Posted February 22 Posted February 22 It’s Been 30 Years Since Food Ate Up This Much of Your Income. “The last time Americans spent this much of their money on food, George H.W. Bush was in office, ‘Terminator 2: Judgment Day’ was in theaters and C+C Music Factory was rocking the Billboard charts. Eating continues to cost more, even as overall inflation has eased from the blistering pace consumers endured throughout much of 2022 and 2023. Prices at restaurants and other eateries were up 5.1% last month compared with January 2023, while grocery costs increased 1.2% during the same period, Labor Department data show.” George H.W. was a one-termer https://archive.is/IQlEi
Doc Brown Posted February 22 Posted February 22 On 2/13/2024 at 2:48 AM, John from Riverside said: Gas is down where I’m living So our eggs Yup. First time in awhile (three years maybe) I can remember paying under three bucks a gallon.
phypon Posted February 28 Posted February 28 Kellogs CEO says eat cereal for dinner if you can't afford your groceries. https://www.theguardian.com/us-news/2024/feb/27/kelloggs-ceo-cereal-for-dinner https://www.cnn.com/2024/02/26/food/kellogg-ceo-cereal-dinner/index.html 1
Big Blitz Posted February 29 Author Posted February 29 2 hours ago, phypon said: Kellogs CEO says eat cereal for dinner if you can't afford your groceries. https://www.theguardian.com/us-news/2024/feb/27/kelloggs-ceo-cereal-for-dinner https://www.cnn.com/2024/02/26/food/kellogg-ceo-cereal-dinner/index.html Your Democrat party folks. Getting closer and closer to da bugzzzzz 1
All_Pro_Bills Posted March 7 Posted March 7 1 hour ago, B-Man said: . Most MSM news reporters are government propagandists. The part I'm not sure about is if they're dumb enough to believe what they're saying or smart enough to know they're lying. 1 1 1
B-Man Posted March 12 Posted March 12 Quote UNEXPECTEDLY: adv. Frequently used by people who don't know that they are doing, to describe unpleasant events or situations they have created. Inflation Unexpectedly Higher in February Than Economists and White House Predicted Inflation gave Team Bidenomics a swift kick in the pants. It rose by 0.4% in February, the highest monthly increase since September, pushing the year-to-year rate to 3.2%, compared to 3.1% for the January year-to-year rate. Economists had expected a 3.1% year-to-year rate in February. https://redstate.com/streiff/2024/03/12/inflation-unexpectedly-higher-in-february-than-economists-and-white-house-predicted-n2171273 https://www.cnbc.com/2024/03/12/cpi-inflation-report-february-2024-.html .
B-Man Posted March 13 Posted March 13 TO HELL WITH BIDEN, IT’S A PROBLEM FOR ME: The Inflation Issue Isn’t Going Away, and That’s a Problem for Biden. On Tuesday, the White House went into full gaslighting mode with some bizarre claims about inflation. "Inflation is down two-thirds, and we have the lowest annual core inflation since May 2021," White House Press Secretary Karine Jean-Pierre claimed during the White House press briefing. "Prices fell over the last year for gas milk, eggs, chicken, appliances, and also used cars. Well, that's news to pretty much everyone outside of the White House. On the same day that Jean-Pierre made this claim, the federal government reported that consumer prices went up again in February. CBS News aptly observed that "inflation remains a persistent thorn in the side of the Federal Reserve and for President Joe Biden's re-election campaign." According to the Bureau of Labor Statistics, in February, prices experienced a 0.4% increase, marking a slight uptick from the previous month's 0.3%. The government's report on Tuesday revealed that, compared to the same period 12 months ago, consumer prices surged by 3.2% last month, surpassing January's annual pace of 3.1%. https://pjmedia.com/matt-margolis/2024/03/12/the-inflation-issue-isnt-going-away-and-thats-a-problem-for-biden-n4927250 . 1
B-Man Posted March 13 Posted March 13 I'll bet you do. Even though you knew it was a lie when you said it. 1
reddogblitz Posted March 14 Posted March 14 9 hours ago, B-Man said: I'll bet you do. Even though you knew it was a lie when you said it. It wasn't "transitory". It was Putin's Price Hike. 😄
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