Average American is losing $34K and everything else on Biden’s watch

https://nypost.com/2022/10/16/average-american-is-losing-34k-and-everything-else-on-bidens-watch/

HYPERLINK has full article

snip

We have calculated that over the past 20 months, this rise in consumer prices over wages means that the average family in America has lost nearly $6,000 in purchasing power..................

We’ve now had seven straight months of 8%+ inflation.............

since President Biden took office, monthly savings have collapsed, falling 83%..........

n other words, the average 401(k) plan is down about $34,000 — more than 25% in less than one year!

end snip

This is the reality of full Democrat control. Unless your goal was to diminish the lifestyle of the regular folks, i see no positives from any of this.

Come November, the folks need to decide if the sad state of the economy under full Democrat control is the main issue or if it's about a selfie-fest with folks who had horns on their heads.

Are we happy with the destruction of our economy? Or, is taking selfies within the Capital so egregious that tanking the economy is of no concern.

 

I am very glad Democrats were able to destroy republicans in a landslide so that these policies that have caused this can be repaired.

Imagine what we be going on if we had the party of constant scandal and ineffective government was in control still.

 

As always, missing from Sec's inflation analysis is any attempt to explain HOW the inflation is all Biden's fault. Yes his energy policies have contributed, but the inflation started before he was even president, and is not contained to just this country.

I suppose when you can't make a case for your own party, the only other thing you can do is make a case about why you shouldn't choose the other party.

 

Repeat after me

Full Democrat Control

How's that working out for the folks?

Feel free to attack me, the thread creator but by all means, do not address the failure of Full Democrat Control. You voted for this train wreck

 

Biden & Co constantly blame higher prices on Putin's taxes, right? Putin waited for a weakling to take office before he invaded Ukraine and that invasion hurt the fertilizer imports our farmers need and they raised their prices to reflect their increased costs, and that's just one example. Biden also boycotted Russian oil which raised the price of the oil that is available and that raised prices on everything that uses it, plus the higher prices means Putin is making more money from oil. I'll bet if Biden and the UN actively and aggressively tried to negotiate a peace deal between Ukraine and Russia and allow normalcy to occur, that our stock market would go up and prices would come down. In my mind, Biden is doing everything to prolong the war in Ukraine, one of the most corrupt countries in the world according to Biden, because it either moves his agenda forward or because he's told to.

 

And there it is.

 

I didn't vote for Biden, but even if I had, voting for Biden isn't voting for inflation that was going to happen anyway. You voted for Trump, and your vote for Trump was never going to prevent the inflation either.

Which is why I said that when you can't make a case for your own party, the best you can do is make a case against the other even if you have to bend or outright invent the truth. You illustrate this perfectly.

 

Dems were in "control" of CA long before this. Results speak for themselves.

 

Keep voting in Democrats and it shall only get worse.

 

Don’t they have the largest surplus in the US by a pretty significant margin? Largest economy in the nation by a significant margin as well?

 

Wait, because a "strong" President would have stopped him? No, they wouldn't. The other side to your coin is the "strong" one from the past election would have said "Go ahead, how can we help".

And how would things have been different. OPEC+ was going to screw the US no matter what.

I bet this is pure fantasy.

 

California, the state with the highest GDP in the nation? THAT California? Who would have thought.

 

Based on what? Tucker Carlson and Sean Hannity?

 

That makes their irresponsibility even more egregious. They overcharged us and are are using the money to buy votes. I don't qualify to get any of my own money back.

Can it really be considered a "surplus" when CA is still deep in debt?
https://www.usdebtclock.org/state-debt-clocks/state-of-california-debt-clock.html

 

Yep! That makes the levels of irresponsibility and poor results even more egregious. Dem control combined with abundant resources equals poverty, crime, poor schools, crumbling roads. homelessness, sidewalk feces, and of course income inequality.

Thanks for helping make my point.

 

What is the point of creating policies that created then just so you can repair them? So you can try to brag about it? OH THAT'S RIGHT that IS what Biden is doing.

 

On an accounting principle, yes, it can be.

What do you consider successful that red states excel at? Education? Healthcare? Life expectancy?

 

I am not sure I can attribute any success to government interference. People can achieve big things. Government hinders their ability.

 

The issue becomes when there are monopolies on specific good or when something should be a public service.

Having accessible and quality healthcare should be a taxpayer benefit with the option of private care. There are some things that the system set up by the people are better suited to handle.

 

Unfortunately, the product commonly known as "health care" is nothing more than masking symptoms so that the patient can continue consuming the other products that help politicians get elected/reelected. The vase majority of illness is the result of consuming the Standard American Diet (SAD) Food giants wield tremendous political power. They have millions to spend on lobbying and get a great return on their investment. We pay to manufacture unhealthy products and then pay to buy them for consumers. Once symptoms show, pharma products are prescribed to mask symptoms. Once side effects show up, pharma products are prescribed, and so on.

The net result of all this is obesity, illness, and shorter life span.

True healthcare costs nothing. Exercise is 100% free and a healthy diet costs less than an unhealthy diet. I used to have a product called "Health insurance" just in case of unexpected injury or illness. That product no longer exists.

No politicians will bite the hand that elects them, so I don't see public health improving. Of course, we can always take charge of our own health!

 

Biden's disastrous policies have led to inflation.


Facts don't lie.

 

Quiet possibly the worst argument I've ever heard. Who the heck do you think would buy that beside the far far left? The left's policies are on full display and the people are feeling the heat. Dems had two years to fix their disastrous inflation and have done nothing but increase it. He f'd up oil, he f'd up inflation, he f'd up Afghanistan leaving, he f'd up and was slow to the wheel on baby food shortages, and he has absolutely f'd up the border. Now we are in a f'ing recession and the left's policies haven't even replaced the jobs lost to covid in a red hot in 2021 economy. This administration's first two years will go down as the most expensive for Americans in history.

Saying all that, I know you know it, I know you see it and I know your trying to spin out of it.

 

I voted for neither Trump or Biden. I knew that Biden was gong to win regardless if he had more legitimate votes or not. The 2020 election was a waste of time. DC should just have instilled Biden and called it done

 

I did no such thing.
Your claim was the economic depair caused to states by Democratic policies. The pathetic list you just gave prove nothing of the sort.
Poverty.....Red states are the poorest in the nation
Crime........Red states have higher crime rates
Poor Schools...Red states have the poorest schools
Crumbling roads.....Like every state in the nation
Homeless/sidwalk feces....California has a great climate
Income inequality......a national problem.

 

That's very racist.