Categories
Biden-Induced Human Misery Captain Obvious Economics

Yeah, we ALL know

that the economy sucks and that it is “Biden’s” fault. DUH! Even Janet Yellin knows that.

“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.” [emphasis added]

… While the monthly, year-over-year rate has certainly dropped, the electorate sees this from a different perspective — by how much prices have gone up since Biden was inaugurated. That is more important to the electorate, as prices have increased by 17.3 percent, what The Winston Group has termed the Presidential Inflation Rate (PIR). In looking at the performance of the previous seven presidents at the same point in their terms, only President Jimmy Carter had a larger increase.[emphasis added]

… Even a cursory look at these economic comparisons explains why the electorate disapproves of Biden’s handling of the economy and inflation by as much as 20-point margins. Contrasting Biden’s record with virtually any other president, except Carter, only makes his own economic record look worse.

Look, “Biden” has taken a Lefty sledgehammer to the economy. What he has done is just horrible! He IS a Jimmy Carter, but without the same species of smug self-righteousness. Biden’s smug self-righteousness is of a different variety…

Categories
Economics Lefty Political Philosophy

Go Left, and

this is what you get! And we Americans had better learn this lesson.

According to Desmond Shum — once at the head of a multibillion-dollar development firm that he left in 2015 upon tighter control by Beijing — sales across industries, even those thought to be insulated from any slowdown, are falling, and the economic outlook among Chinese consumers is so dire that executives are reporting blatant acts of theft by employees. 

… “People talk about ‘deglobalization,’ but the proper term is ‘reglobalization minus China,'” Shum said. “You won’t have one country replacing China, but operations are spreading to Vietnam, Indonesia, Sri Lanka, India and elsewhere.”

Categories
Economics

Have you

somehow not noticed? Uh, the rest of us sure have!

Thanks, Democrats!

Categories
Economics

It’s time that we

get back empirically validated truths: There’s no such thing as a free lunch!

Categories
Current Events Economics

China is

facing some hard economic times. I know they’re saying that things will get better after the Chinese New Year, but I’m not really convinced that is true. Maybe.

But the fact remains that Xi has really screwed things up.

Categories
Economics

The most slo-motion

economic implosion EVER! There has never been anything more predictable…

Categories
Basic Economics Economics

Yep!

Buh-bye!

Categories
Economics

Always remember:

Categories
Economics

Yeah, one finds

mental illness everywhere!

Categories
Economics Evil Piss-poor judgment

You understand

that “Biden” is a TOTAL disaster, right? Even hardcore Democrat citizens are beginning to grasp that. Hence, the poll numbers–they could not be what they are without a significant number of Democrat voters switching sides.

And did YOU vote for him? If so, shame on you! Holy crap! If you are still unashamed and there were justice in the world, you would never vote again. You’ve abused that privilege and cannot be trusted not to do so again.

Keep in mind:

  • Natural gas accounts for 40% of our electricity needs in America.
  • Chinese windmills account for 9% of our electricity.
  • Solar panels account for 2.8% of our electricity

Oh, but wait, there’s more! Horrible economic numbers. Parents who can’t get baby formula to feed their kids (getting even worse). Chronic shortages of goods. General misery. Can’t afford to gas up the car. Can’t afford a vacation–even to drive to see family in a neighboring state. Can’t afford to run the A/C. Can’t afford to eat out.

Way to go Biden voters, Way to go…

And yes, I blame YOU, Biden voters! How could you have been so stupid? Many of you are not low-IQ at all, and yet you did this!

But now now we ALL have to share in the fruit of your piss-poor judgment…