Biden claims to have created greatest 'economic recovery America has ever experienced'

You are incorrect. The cost of living is a main factor. Considering one without the other is dishonest. I would love to be proven wrong since I live here and see the results. Sadly, you will not be able to defend the position of dem control being better for those dems claim to care about. At least you are honest about how you feel about the poor.

You are certainly right to criticize red states, but you are not pointing with clean hands

 

Um. Ok. Great. I don't believe that. I didn't even vote for Trump.

Not everybody that disagrees with you fits the mold you try to use to minimize and avoid the tough discussions.

 

I apologize for being incorrect. I am glad that you agree the will of the people told Trump to **** off and Biden's victory was legit.

 

Biden just lies.

Pessimism confirmed: Consumer sentiment plummets to 40-year low.

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WH paid liar Karine Jean-Pierre refused to admit on Wednesday "that Americans have grown much more pessimistic about the economy. A new report from the University of Michigan shows consumer sentiment has plunged to a 40-year low, while inflation hit a new 40-year high at the same time."

"The University of Michigan’s gauge of consumer sentiment fell sharply to a record low reading of 50.2, down from a May reading of 58.4. The level is comparable to the low point reached in the middle of the 1980 recession."

"the poll registered the highest level of discontent in 50 years of running the survey."

"The sudden drop in consumer sentiment is only surprising in terms of its suddenness. Inflation has eaten away at wages and buying power for more than a year."

​

And hours are reduced. "Americans have lost a net 3.9% of adjusted gross income over the past year. They’re going backwards in this inflationary environment, and the trend is accelerating over the last few months."

No wonder sentiment is dropping like a rock. And sentiment isn't the only thing that dropped.

Stocks dropped on Friday faster than Kamala's knickers "after a highly anticipated inflation report showed a faster-than-expected rise in prices and consumer sentiment hit a record low. The Dow Jones Industrial Average shed 2.1%. The S&P 500 fell 2.5%, while Nasdaq Composite sank 3.1%."

“It just reinforces the impact the CPI number had on consumer psyche. We can guess this is going to have a negative future impact on consumer spending. It’s a shocking number but this is what inflation does when it’s running as hot as it is,” said Peter Boockvar of Bleakley Advisory Group.

Remember when the happy liars in the WH and on the left were telling us that inflation had "peaked"? We told you they were lying as soon as we saw that wholesale inflation was running at 11%.

Lying Biden plans a speech. Get your drinking cards ready and take a shot every time you hear:

• "One more excuse.
• Inflation isn't happening
• It's transitory
• It's the supply chain's fault
• It's COVID's fault
• It's the meat packers' fault
• It's a good thing
• It's the oil companies' fault
• It's Putin's fault
• And now it's a handful of companies
• It's build, back, better's fault!!!"

— Steve S (@UnfilteredSteve) June 9, 2022

 

Oh well...
And, Imagine This:
With all of Biden's "Faults" (Warts and All) Joe was still able to..
WIPE The Floor With (And Landslide) Trump...
Trump must've REALLY Been the Dregs...

In any event--MOST Would Agree:
$5/Gas and Runaway Inflation was a SMALL Price to Pay to get Rid of a...
...Treasonous, Lying, Scumbag, Disgrace to the Presidency (Donald Trump)...

 

Unfreakingbelievable.

 

Sure .. because you had the money to pay the insane prices. But hey .. don't you worry your comfortable head about the 60% of Americans who are struggling with those prices.

It's not empty shelves which are the ****ing problem, guy.

 

They HAVE to stick with the comedically stupid lie that it's about 'shortages', because the reality exposes their ideology.

 

BiDumb will go into the dustbin of history. There’s no chance he’s at the helm in 2024. An absolute disaster. I can’t believe that 50+ years of political experience nets these results and numbers.

 

Ah .. so you're a libertarian capitalist? Excellent!

 

Many went up that 30% in the past two months. It didn't take a year.

But our pal doesn't care, because he's got his! Well, he has them until one of his neighbours wants what he has.

 

And there's absolutely nothing good to report about this administration that's why their timing this stupid dog and pony show to try to take the attention off of them

 

It is..... Quite literally so

 

I'm definitely more conservative than current rightists and trumpists for sure. LOL

 

Where did I mention conservative?

I assume you're a LIBERTARIAN and a CAPITALIST. Your posts about not wanting Govt help or interference in the lives of the people, indicates that that is so.

 

It's even bigger than just Biden. They're doing the same thing here, and in the UK, and in Canada. The entire Left hand side of the Anglosphere, is desperate for the whole inflation/social decay thing to go away, because it completely trashes their version of 'progress'. They now know that far from Govt saving us from these hard times .. Govt actually created them (whether directly, or via their extreme hubris and vanity in not considering consequences). That's got to sting like blazes.

 

These are the folk who claim to be compassionate, and for the 'poor'.

They'll throw that BS straight under the bus, if retaining it means exposing their vile ideology.

 

Even CNN has given up trying to put lipstick on this pig.

https://www.cnn.com/2022/06/10/poli...stest-growing-economy-jimmy-kimmel/index.html

Fact check: Biden falsely claims US has 'fastest-growing economy in the world'

Facts First: Biden's claim is false. The US economy grew by 5.7% in 2021, but more than 50 other countries had faster growth that year, figures published by the International Monetary Fund show; many of them are small or developing countries, but some of them are large or wealthy. In addition, the US economy shrank in the first quarter of 2022

 

Hope springs eternal...

US consumer prices post largest gain in 13 years; inflation has ...
https://www.reuters.com › business › finance › us-consum...
Jul 13, 2021 — Annual inflation rates have been boosted by the dropping of last spring's weak readings from the CPI calculation. June was likely the peak ...

U.S. inflation coming off the boil as prices increase slowly in ...
https://www.reuters.com › world › us-core-consumer-pric...
Sep 14, 2021 — ... at their slowest pace in six months in August as used motor vehicle prices tumbled, suggesting that inflation had probably peaked, ...

Biden says U.S. inflation has likely peaked | Reuters
https://www.reuters.com › world › biden-says-us-inflation...
Dec 10, 2021 — U.S. President Joe Biden said on Friday that inflation has likely peaked in the United States and is likely to come down faster than most ...

US consumer prices post biggest rise in nearly 40 years
https://www.reuters.com › world › us-consumer-prices-inc...
Jan 12, 2022 — Economists believe the year-on-year CPI rate probably peaked in December or will likely do so by March. There are signs that supply bottlenecks ...

Gasoline drives up US consumer prices; inflation likely peaked
https://www.reuters.com › article › usa-economy › wra...
Apr 12, 2022 — WASHINGTON (Reuters) -U.S. monthly consumer prices increased by the most in 16-1/2 years in March as Russia's war against Ukraine boosted ...

Dollar dips as hopes rise that inflation has peaked | Reuters
https://www.reuters.com › markets › europe › dollar-exte...
4 days ago — The dollar index fell 0.176% to 102.270, with the euro up 0.14% to $1.0709. After touching a near 20-year high of 105.01 on May 13, the dollar ...

 

If you're still somehow, mind-bogglingly... Supporting Biden.... You have to pretend that somehow none of this is his fault.

As the President of the United States he bears exactly zero responsibility for any economic conditions

 

No AJ - taking your head out of the fire and sticking it into a guillotine is of no comfort

 

But you somehow overlooked the cost being up over 50% and the worst inflation historically. How Democrat of you. lol
I bet you love paying $5 bucks for gas too. lol
Wait, don't tell us, Let us all guess, Its a sure sign of a great economy because you can still buy your Cheetos. lol

 

So thats the best you have to explain how you somehow overlooked the cost being up over 50% and the worst inflation historically?
Not surprised

 

Better your situation and don't whine.