Is Bidenomics working for you?

Yikes. Not sure that gives me comfort. The old border crosses you get that Mexican that illegally entered the US 7 times before shooting a blonde white girl to death (not found guilty as it was possible the stolen gun just went off accidentally). But people coming from the other side of the planet? Makes you worry about international terrorism.

 

I think we are already seeing the results of our accepting radically different cultures. That's where the demonstrations on our university campuses comes from. Americans find it difficult to understand because our lives have no frame of reference for it. I am concerned that we will likely see violence grow out of the confrontations we see now.

 

It is bad all the way around.
GDP did grow in inflated dollars, and there is still a lot of Covid money out there. Also credit card debt is a shameless walk a way in todays society, particularly for young people exploiting the system.
Employment is tricky:
Are illegals being counted? I have no idea where they are going beyond hospitality and landscape maintenance.
Persons with two part time jobs count as two jobs:
A Door Dash, Uber, Lyft driver is three jobs.
The fed is not convinced enough to raise interest rates again, so there is that.
BUT inflation beats stagflation. Joe still has time to make things worse.

 

If you rent or pay a mortgage, run a vehicle and buy loads of groceries for a family, Bidenomics collapsed on you.

 

If you make weapons then it means many billions of dollars increased sales.

 

- I must get my spell checker to flag up the word 'it' because it allows me to type a sentence that doesn't mean anything.

If you make weapons then Bidenomics means many billions of dollars in increased sales for the weapons makers,
compared with spending the money on something useful.

 

Not sure how many Americans make weapons to reep the rewards of slow Joe in that area. In general, Bidenomics collapsed on Americans

 

https://youtube.com/shorts/vc-KkQo8Lf4?si=za69Eyis50o2EIqQ

 

The smaller the number of people getting paid from the 1 Trillion dollars in the military budget, the fewer benefit from
the money and also from any trickle-down effect.

The trickle down effect is small because money accrued by industries in the US is now pretty low with our production
moved out of the country,

and richer people spend a larger proportion of money on foreign cars and foreign yachts and on foreign private jets.