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Biden’s world


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Tonight will be a train wreck at about the 30 min mark. The adrenaline shots only work for maybe a half hour at the most they probably have to give him another shot to prop him up. This is cruelty this family needs to go to jail. 

He will do his usual and dodge all responsibility for the border catastrophe that is solely his doing. He will ignore the inflation crippling American families. He will blame the gang violence destroying America's cities on the fictitious "white supremacy" of heartland Americans. 

And he will do it all with the same forked tongue he has used to slither through half a century of politics, corruption, and lies. 

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42 minutes ago, Warrior said:

Tonight will be a train wreck at about the 30 min mark. The adrenaline shots only work for maybe a half hour at the most they probably have to give him another shot to prop him up. This is cruelty this family needs to go to jail. 

He will do his usual and dodge all responsibility for the border catastrophe that is solely his doing. He will ignore the inflation crippling American families. He will blame the gang violence destroying America's cities on the fictitious "white supremacy" of heartland Americans. 

And he will do it all with the same forked tongue he has used to slither through half a century of politics, corruption, and lies. 

It’ll be interesting and probably entertaining.  I’ll watch like millions of Americans, not to hear his lies, but to see if he actually makes it through the entire speech. The scary part will be at the end when he forgets which way to leave the stage as well as how to walk. 🍿 ready!

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Biden's world is looking a lot better today...if you're a Fox fan you couldn't believe your eyes I'm sure...Joe kicked some serious ass last night and took no prisoners....Fox news spends all day showing clips of him stuttering or falling to give the impression he's a  weak old man.....wonk....wonk....he showed the world last night that he's ready and going to win this election by a bigger margin than last time....Lets go Joe!!....😉

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17 hours ago, I AM IRONMAN said:

It’ll be interesting and probably entertaining.  I’ll watch like millions of Americans, not to hear his lies, but to see if he actually makes it through the entire speech. The scary part will be at the end when he forgets which way to leave the stage as well as how to walk. 🍿 ready!

he kicked some serious ass....😉

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1 hour ago, I AM IRONMAN said:

He did surprisingly well. Where was that the last three years?  Too little too late.

it's never too late!....Trump isn't feeling well today...he's got his hands full....and then some!...😉

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25 minutes ago, tommygun58 said:

Trump is golfing today what do you think Joe is doing zzzzzzzzzzzzzzzzzzz

Trump needs to be on the phone getting loans for all the hundreds millions he owes his rape victim and the State of NY.......😉

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https://www.realclearwire.com/articles/2024/03/08/bidenomics_versus_the_american_family_1017012.html

Bidenomics Versus the American Family

March 08, 2024
 
 

The President may be proud of “Bidenomics,” with its massive, seismic transformation in the size and scope of government, but to voters, it is raw pain. Like a runaway train that has smashed into a small town’s railyard, everywhere you look, no part of the life we knew remains as it was before. Our life plans – well-laid and requiring hard work with just a little luck – no longer fit. Every time we open our wallets and we are hit by these new, hard choices – delay our child’s braces, forgo our teen’s college contributions, and pray the minivan tires hold up another month. This daily struggle of millions of families sitting at their kitchen table trying to make their hopes, dreams, and numbers work, is far more difficult because of Bidenomics.

How did this new bout of inflation start? The President blames corporate greed, but most Americans know better. Many recall how the inflation of the 1970’s disappeared only after two hard recessions in 1980 and 1981 and President Reagan’s spending cuts. For almost forty years, Americans enjoyed low-inflation prosperity.

Yet both in and after the pandemic, federal spending took the opposite trend it did under Reagan – it exploded. Federal spending that had averaged 20.5% of GDP since 1982 instead totaled 60.5% of GDP for the two years of 2020-21 – an extra 20% of GDP. President Biden enacted $6.2 trillion of new ten-year spending on top of the $4.8 trillion in 2021 spending projected before the pandemic hit.

In adding an extra fifth of the economy to federal spending, did anyone add an extra fifth of goods and services to the economy? No, and to the contrary, government restrictions and limitations in some places remained long after the pandemic subsided. And with so much more money floating around, inflation exploded. Since Biden took office, prices are up 17.9%. That creates the first big problem, as wages are up only 12.7%, so working families are on average 4.5% in the hole. They need over $11,000 more each year  to maintain the life they had before Bidenomics and they aren’t making that.  Thus, 62% of adults say they are living paycheck to paycheck.  Credit card payments are being delayed at the highest rate in a decade.  With food now taking up the highest share of the family budget in thirty years, 59% of Americans feel “angry, anxious or resigned” when shopping for groceries.

But Bidenomics isn’t just about the end of the $1 pizza slice in New York City, shrinking the Dollar Menu at McDonalds, or the loss of a dozen eggs for a buck and a half. Far greater damage is being done. With the Federal Reserve trying to beat the inflation out of the economy that Bidenomics added, higher interest rates are hitting everything. Homebuyers are paying around $1,300 more for a monthly mortgage than when Biden took office. 2 in 3 say high housing prices are placing homeownership out of reach. Commercial real estate is caught between higher interest rates and falling property valuations as workers continue to work from home. And continued high interest rates are risking a recession. No wonder only 14% of voters say Biden’s economic policies have helped them.

Remarkably, Biden’s economic advisers laud the gains in the University of Michigan’s consumer sentiment survey, claiming recent highs prove “President Biden’s economic plan is delivering results.” Except those recent highs under Biden match previous recessionary lows. Only in the recessions of 1969, 1973, 1980, 1982 and 2008 have University of Michigan’s consumer readings been comparable to Biden’s recent “successes.”  The only exception was Obama-Biden’s first term when the expected strong recovery fizzled instead of sizzled at just 2.2% real GDP growth during 2010-12 – the weakest postwar recovery on record.

In his State of the Union speech, the President no longer denied that inflation exists, but insisted that he and we are victims of “corporate greed” and “price gouging.” Viewers can determine if what Biden says is fact or fiction by checking those claims on our website named for his economy: “Bidenomics.com.”

We should recall what Joe Biden promised America in 2020: an experienced leader who would bring the nation together. By insisting that inflation has everything to do with greed and nothing to do with excessive federal spending, he has divided the country and neglected the lessons from our effort to overcome double-digit inflation and build low inflation prosperity for four decades. How can the President claim “Bidenomics is about the future” when he has forgotten America’s economic past?

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Average US credit score FALLS for the first time in a decade thanks to steep prices and record-high interest rates

  • Average US credit rating fell from 718 to 717 last year - the first fall since 2013
  • In the wake of the pandemic, Americans have fallen deeper into debt
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21 minutes ago, I AM IRONMAN said:

Pathetic but he has to pander for new votes, God knows he’s going to need them 

 

Stupid move.

He kisses up to the loons in his party, but the border is a big issue and lots of folks won't appreciate his total lack of spine.

 

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