http://twitchy.com/dougp/2023/12/11/wsj-analysis-shows-another-way-bidenomics-is-destroying-the-american-dream-n2390714
As you're aware, there are two economic realities in the U.S. at the moment: The actual one that you see with your own eyes (and bank accounts, grocery bills, credit card debt, etc), and the one the Biden White House would like you to believe exists:
President Biden (@POTUS) ~ I’m fighting to continue lowering costs for families – from junk fees to cutting prescription drug, health care, and energy costs.
The only thing you're fighting Brandon is to remember how to put one foot in front of the other without falling and cracking your ass on the ground.
Karine Jean-Pierre (@PressSec) ~ Today, annual inflation fell to its lowest level in more than two and a half years, and monthly inflation was zero. Gas prices are down $1.77 from their peak after Putin’s war. Prices for eggs and milk are down over the last year.
Video ~ http://twitter.com/i/status/1730361070370578929
Aw, poor lil' Karine ... you're such a pointy-headed dunce ... prices are still way higher than when your boss took office. The rate of inflation has slowed some, but prices are still inflating. And, the price of gas never went up because of "Putin's War" - they went up because of Joe Biden's war on the American oil & gas industry.
The gaslighting is overwhelming.
Meanwhile, here's just another example of what "Bidenomics" has helped bring about:
Tom Bevan (@TomBevanRCP) ~ WSJ analysis of the housing market:
Average monthly new home payment
when Biden took office: $1,787
Average monthly new home payment
today: $3,322
NOW, how much money do you think you're "saving" thanks to this administration?
From the WSJ:
[i]It is now less affordable than any time in recent history to buy a home, and the math isn’t changing any time soon. Home prices aren’t expected to go back to prepandemic levels. The Federal Reserve, which started raising rates aggressively early last year to curb inflation, hasn’t shown much interest in cutting them. Mortgage rates slipped to about 7% last week, the lowest in several months, but they are still more than double what they were two years ago.
Typically, high mortgage rates slow down home sales, and home prices should soften as a result. Not this time. Home sales are certainly falling, but prices are still rising—there just aren’t enough homes to go around. The national median existing-home price rose to about $392,000 in October, the highest ever for that month in data that goes back to 1999.
Hardcore Democrats remain baffled by the fact that the vast majority of Americans think the economy sucks.
Tom Elliott (@tomselliott) ~ wHy aRE stUPiD AmErICan vOTers so NEgATiVe aboUT thE EcONomY!!!???
It's been concluded that the reason for that is that the media hasn't lied aggressively enough on behalf of Biden and the Democrats.
AppPatriotgirl (@jsmith4966) ~ Which is why my youngest can't buy a house right now. Thanks Joe.
Steve Cortes (@CortesSteve) ~ The crushing toll of Inflation. Young people, upwardly mobile workers, the strivers of society — priced-out from an American Dream that’s now reserved for the already-successful.
Yep, the economic weather is still great for people like "The Big Guy."
Well, that's because the Biden Family is swimming in ChiCom payola.
Charles (@radmobile5000) ~ How many people will still vote Democrat despite the realities facing their communities ...
Well, Democrats are really, really stupid. They don't think for themselves because they just want their betters to tell them what to think.
Unfortunately, a lot of voters look at the disasters Democrats helped bring about and conclude that the problem was that they didn't vote Democrat hard enough.
Lady (@lovingit111) ~ Well they reached one of their goals, you’ll own nothing.
You'll own nothing, live in a cave with no heat while eating insects while they enjoy nice meals at their climate change conferences while flying around on private jets.
The essential American soul is hard, isolate, stoic, and a killer. It has never yet melted. ~ D.H. Lawrence
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