Guest Post by Martin Armstrong
It took a few years for people to admit the truth – life in America has drastically downgraded under Biden. Inflation has surged to 40-year highs under Biden. The US trade deficit has increased by 24.6%. Public debt has increased 22.5% as most Americans rely on credit for basic necessities. Home prices have increased well over 30%, gas prices have doubled, and the CPI in general spiked 17.1% in Biden’s first 32 months in office. I do not believe the inflation statistics produced by government agencies for a moment. Simply look around and you can see that we pay more for absolutely everything.
A recent poll published by the Financial Times found that only 14% of Americans believe they are better off financially under Biden. Those people are likely on welfare. The poll also found that 70% of American voters feel Bidenomics have hurt the economy or had no impact, with 33% saying they “hurt the economy a lot.” These numbers are staggering, as no president in recent history has managed to catapult the country into such a dire situation.
Over half (52%) of respondents to the poll said they had no idea what the president even had planned to revive the economy. Now Biden, who is not campaigning, is touting he needs to “Finish the job!” All Americans are begging him not to finish the job, as that would include completely destroying America and passing it over to the globalists to Build Back Better.
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Sunday i signed up for my medical benefit plan for 2024. My cost increased 23%. I thought about Paul Grugman’s comment last week on American voters being too stupid to understand the economy is doing well.
I guess he’s right, I’m too stupid to realize a 23% increase is a good for me.
In the last three years stuff has gone up 30 to 40%. Anyone’s raise in income got smoked by Biden and the Fed.
I think 30-40% is on the low side.
My premium has gone from $790 a month in 2019 to $2037 a month last month.
I gave up giving a fuck decades ago .
You meet the dumbest people in a voting booth.
Hey, that reminds me of the young lady in the knit dress. Too bad she took the booth on the other side.
Guess the 13% plus the dead are doing alright.
Imagine the stench….
All combined this group may have one normal person’s IQ. “Mr. White man it is not tolerable any more for you to have guns that you commit no crimes with. Simply not tolerable. Do you like my pink hair?”
Half the people in this would be in jail tonight if their parole officer sees this video.
EBT covers more than I realized.
But it would be even worserer under Trump!
It’s all Trump’s fault. And it it isn’t Trump’s fault then it is Bush’s fault. At least that is what “80 million” voters believe.
The other 14% are war and pharma profiteers and .gov placeholders.
That was nearly the percentage of unhappy People reporting to pollsters after Barack Hussein (not Muslim!) Obama was fake (se)lected for a 2nd term.
The average hamburger in Colorado now costs $15. Here’s how that price breaks down.
The cost of labor, utilities, ingredients and equipment have all gone up.
Over at a Denver-area Red Robin restaurant, the Keep It Simple burger costs $13.49, or nearly $15 with tax.
That’s up 31% in a little more than three years, based on old menus posted at restaurant review site, Yelp.com, showing the same no-frills burger at $10.29 in May 2020.
It’s not just Red Robin. A lot of burger joints are getting unwanted attention because of their higher prices, with some consumers sharing their shock on social media. It’s also not just burgers. The cost of eating out at a restaurant in Colorado has increased 28.2% since January 2020, according to the Bureau of Labor Statistics’ Consumer Price Index. Menu prices have gone up at most Colorado eateries, and restaurant owners don’t really like to talk about it.