Categories
Biden Recession

Well, right now,

maybe investing in a fancy mall is not the best financial move. Especially in San Fransisco!

Categories
Biden Recession

Yeah, “Bidenomics”

is a HUGE loser! A recent reliablepoll:

By a 44%-26% margin, voters said that the term would help Trump, not Biden, “win” the fall election. Most of the rest, 23%, said it won’t make a difference in the outcome.

Categories
Biden Recession

Strap in, folks!

It’s coming

Despite the Fed jacking up interest rates faster than at any time since the inflation-crushing Reagan-Volcker hikes of 1981 — and sucking liquidity out of the economy via quantitative tightening (QT) — inflation remains stubbornly above the Fed’s 2% target… and it could come roaring back thanks to growing cracks in the foundation of Bidenomics.

What would a real economist do?

BTW, you know Milei is an economist by profession, don’t you?

Javier Gerardo Milei (born 22 October 1970) is an Argentine politician and economist who has served as President of Argentina since December 2023. Milei has taught university courses in macroeconomics, economic growth, microeconomics, and mathematics for economists. He is an author on economics and politics, and also hosted radio programs on the subject.

Suffice it to say, Joe Biden is NOT a real economist. And apparently, none of his advisors are, either..

BUT, Joe Biden does have a corner on the “senile old buffoon” market!

You know, this is why you vote with your brain and not your spleen!

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Biden Recession Economy

You know why the

jobs report looked OK?

Peter pointed out that the ADP private payroll data released earlier in the week came out worse than expected. So, who are you going to believe?

… Of the 199,000 jobs the BLS claims the economy created, about 24% were auto workers and motion picture workers returning to their jobs after strikes.

Were these jobs really created? No. The jobs were there. It’s just that the people who had the jobs were on the picket lines instead of the production lines or whatever they’re doing in motion pictures.”

Lipstick, meet pig…

Categories
Biden Recession

Yeah, it’s

a total loser!

Top allies of President Joe Biden are reportedly urging him to ditch the “Bidenomics” message as the president’s approval on the economy continues to drag.

Because the economy really SUCKS! And it is just gaslighting to say that Biden has done a great job on the economy.

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Biden Recession Current Events

OK, so what

IS a national debt default?

If you’re interested, I would read the article.

But a “Default” is NOT catastrophic. Yes, bad things would happen. Interest rates, credit ratings, etc. But not catastrophic things. Here’s my understanding:

In general, a default would force Federal government to prioritize spending. There is plenty of money coming in each month to pay the interest as needed. And my understanding is that by law, that has to be the first item on the list. Then, naturally, defense. There is money for that.

But in that case, of course, it would mean that there is less money to pay for other things. Let’s just say that the generous funds for Nevada “Cowboy Poetry” might dry up.

That’s be a shame…

In fact, many people are hoping for a default. It would be kind of a de facto balanced budget amendment! I think that is a problematic idea, kind of cutting off your nose to spite your face. But I certainly understand the sentiment.

People are sick of the catastrophic spending. THAT is the problem. Which is why you never vote Democrat! I mean, Republicans have not been exemplary on this, but at least they have given nod to not spending like drunken sailors!

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Biden Recession Biden-Induced Human Misery

Well, they are

trying to make ends meet in Biden’s inflationary America!

The survey of more than 1,000 adults with full-time jobs found that 38% have looked for a second job, while another 14% plan to do so, the company said. That means “more than half of working Americans have considered holding multiple jobs to pay for their living expenses,” the company said in a statement.

Mid-terms. Vote accordingly.

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Biden Recession Biden-induced misery

Yes, welcome

to the “Biden” Pleasure Dome!

Categories
Basic Economics Biden Recession

Well, it’s

true. And I think that almost everyone understands that. Even Democrats get that.

Almost half (47%) of Democratic voters also said they believe the economy is in a recession. 

Yeah, DUH!

Categories
Biden Recession

Yes, it

has begun.

No matter how much the White House or its cronies in the corrupt corporate media try to cover up the nation’s economic crises, the U.S. economy is in fact in a recession.

They are liars.

But a holistic look at the economy doesn’t help. Americans are paying more out of pocket for essential goods and services now more than ever.