The Bidenomics Disaster: Household Savings Edition.

Discussion in 'Political Opinions & Beliefs' started by Steve N, Sep 5, 2023.

  1. Steve N

    Steve N Well-Known Member Past Donor

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    Due to policies put in place that make things unaffordable (like just recently preventing natural gas to be moved by trains which will make that more expensive) Americans have dipped into their savings and those savings are almost dry. Yet with every speech Biden gives he tells us how great the economy is doing thanks to Bidenomics and he usually says that either before or after telling us about the 13 million jobs he created in his first year.

    Biden has his, his friends have theirs and they don't care that we don't have ours.


     
  2. Steve N

    Steve N Well-Known Member Past Donor

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    Biden is determined to make Obama's dream come true and ruin America.

     
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  3. Gdawg007

    Gdawg007 Well-Known Member

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    Moving natural gas by trains is stupid. It's expensive (so no gain) and risky (great, no gain and more risk, sounds like a winner!). Gas is best moved by pipelines. And if you don't have one near you, well, you're going to pay more for it. That's how it's always been and always will be.

    As for people dipping into their savings, maybe they should buy less. Remember back in the day when the right believed in personal responsibility? How is this anyone else's problem? If you can't afford something, don't buy it. Savings kept, problem solved.

    But if you're saying things like food and housing are too expensive, well, OK, what's the rights solution to that again...? I mean, you aren't calling for actual government solutions because that's not your thing.

    As for your lizard claims:

    Biden Listing Sand Dunes Lizard as Endangered Species Raises Concern for Permian Basin Oil Industry | Federal | The Texan

    One can not destroy habitat and drill for oil as it turns out. And far from shutting anything down.
     
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  4. Zorro

    Zorro Well-Known Member

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    Bidenomics has DESTROYED household savings in this nation.

    [​IMG]

    In the last two and half years of the Trump Administration, Household savings more than doubled. In the two and half years of the Bidenomics disaster, savings have dropped by two thirds. Don't try to tell the American People that it doesn't matter who is president, they know better.

    Proof That Bidenomics Has Been A Catastrophic Failure
    [​IMG]
    '...59% of voters disapprove of Biden’s handling of the economy. Nearly 3 in 4 voters say that inflation “is headed in the wrong direction,”'

    Bribed Joe is great at collecting bribes, and he really sucks at making our lives better. He has millions pouring into Biden Family bank accounts (even some grandchildren) from foreign Oligarchs while our bank accounts drain.

    He's only in office because the CIA and the FBI rigged the election: 'Joe Biden’s time in the White House has been an economic nightmare, and it appears that conditions are likely to get even worse before he is scheduled to leave.'

    'The Wall Street Journal poll, conducted from Aug. 24 to Aug. 30, found that 59% of voters disapprove of Biden’s handling of the economy. Nearly 3 in 4 voters say that inflation “is headed in the wrong direction,”' 63% disapprove of Bribed Biden on inflation.

    'Voters overwhelmingly think Biden, who is 80 years old, is too old to run for reelection and only 39% of voters had a favorable view of the president.'

    'Inflation has soared by 16.6% since Biden took office. Grocery prices have increased by 20%, the report said, citing Bureau of Labor Statistics data, while energy prices have increased 38'

    'If inflation was still calculated the way that it was back in 1980, it would still be well into double digit territory.'

    [​IMG]

    'By an 11-point margin, more voters see Trump rather than Biden as having a record of accomplishments as president—some 40% said Biden has such a record, while 51% said so of Trump. By an eight-point margin, more voters said Trump has a vision for the future. And by 10 points, more described Trump as mentally up to the presidency. Some 46% said that is true of Trump, compared with 36% who said so of Biden.'
     
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  5. Chrizton

    Chrizton Well-Known Member

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    Well his administration seems hellbent on making sure every defense lawyer in America is on the Trump payroll, so there's that at least.
     
  6. Zorro

    Zorro Well-Known Member

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    It was all going great under Trump, then Bribed Biden took over and it all went to crap. As Obama warned: "Never underestimate Joe's ability to f things up.'

    [​IMG]

    Since Bribed 'Biden took office and unleashed unprecedented levels of federal spending, inflation has risen 16.9%, costing the middle class $2.4 trillion since March 2022. Blue-collar Americans have lost more than $33,000 in real wealth in just the past year, with 61% of Americans living from paycheck to paycheck. '

    [​IMG]
    Prosperity = Trump; Bidenomics = Inflation.

    Bribed Biden stumbles around with the happy talk, but understand that who you election DOES make a DIFFERENCE.

    'The American people aren’t buying it, with consumer confidence recently seeing its biggest drop in two years due to “souring views on the labor market, higher borrowing costs, and lingering inflation.” Poll after poll shows' Bribed 'Biden with underwater ratings on his effort to revive the economy.'

    'Lower-income Americans are being hit hardest by rising inflation, according to studies by the New York Fed, Dallas Fed, and the Urban Institute — as it is essentially a tax on American workers. Credit card balances are above $1 trillion for the first time, and household debt is at an all-time high.'
     
  7. FatBack

    FatBack Well-Known Member

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    What kind of moronic dumbass has decreed that natural gas cannot be transported by rail?

    Oh wait that was kind of a redundant question because obviously it was the dumbass with bacon for brains that currently sits in the White House.

    We can't get that dumbass moron out of there fast enough
     
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  8. FatBack

    FatBack Well-Known Member

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    Hey people might freeze to death but at least we'll have lizards. Because that's what's really important.

    This administration is dumber than a football bat and more retarded than a screen door on a submarine.

    I find it hard to believe that you wrote All of the above and and think this administration is doing such a great job
     
  9. Zorro

    Zorro Well-Known Member

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    BIDENOMICS: US retailer holiday hiring to drop to lowest level since 2008: report.

    Biden's wrecked everything. 'US retailers will hire the lowest number of seasonal workers for this holiday season since the final quarter of 2008, due to increased labor costs and shaky consumer confidence.'

    Bidenflation has been a baseball bat to the head of the fiances of working folks. 'The hesitancy in hiring stems from consumers keeping a tight hold on spending.'

    A LOT less planned hiring.

    'US-based companies have so far announced just 8,000 planned hires for the holiday season, compared with the 258,201 planned hires announced by employers by this point in 2022.'
     
  10. Zorro

    Zorro Well-Known Member

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    They want us all to be beggars, because beggars are easier to please.

    [​IMG]
     
  11. Zorro

    Zorro Well-Known Member

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    LOS ANGELES ADMITS THAT GAS PRICES ARE OUT OF CONTROL AGAIN:

    'So, Los Angeles, how is Bidenomics working out for you? To listen to either Joe Biden or Kamala Harris, you would think that everything is just going swimmingly. ‘Bidenomics. It’s working!‘ But Angelinos are experiencing a very different reality and all of the political ad campaigns in the world aren’t going to change that. Even the local CBS News outlet was forced to confront the truth this week and they picked one of the most visible indicators that a majority of voters have to confront each and every week. Gas prices are once again going up. And they’ve been going up for months. In fact, they have now reached levels not seen in almost a year, with the average price in Los Angeles County now sitting at more than five and a half dollars per gallon, seemingly destined to break the six-dollar mark before very long.'

    'The average price of a gallon of self-serve regular gasoline in Los Angeles County rose today to its highest amount since Oct. 28, increasing 3.1 cents to $5.65.'

    'The average price has risen 49 times in 54 days, increasing 67.4 cents, including 3.2 cents Thursday, according to figures from the AAA and Oil Price Information Service.'

    'The average price rose 30 consecutive days, making it 19.1 cents more than one week ago, 39.2 cents higher than one month ago and 22.3 cents above what it was one year ago.'

    'But for most California voters, isn’t this all good news? In September of 2019, after CNN’s seven hour “climate change town hall,” Bryan Preston wrote, “Seriously, if you see all of the above — which is just a sample — and vote for any of these people for any office at any level, it’s on you. If you like Venezuela, voting for any of them will bring you a whole lot of Venezuela.”'

    [​IMG]

    Folks are hurting.
     
    Last edited: Sep 18, 2023
  12. ToughTalk

    ToughTalk Banned

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    "but unemployment rate..."
     
  13. Just A Man

    Just A Man Well-Known Member

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    We know Biden shut down some oil development. We know Biden wants open borders. We know Trump opened up oil development. We know Trump was building a border wall. You pick -- Bidenomics or Trumpnomics. You pick -- democratnomics or republicanomics. We'll have an election soon.
     
    Last edited: Sep 18, 2023
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  14. ToughTalk

    ToughTalk Banned

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    we know Trump was trying to build bridges with Putin and North Korea...we know Biden is barrelling at them head first. We are in another forever war that was sparked by failed foreign meddling of the Obama/Biden administration in Ukraine.

    Trump's foreign policies were better.
     
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  15. JohnHamilton

    JohnHamilton Well-Known Member

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    The simple fact is the evil bastards who control the Biden shell hate Americans. They hate our values and our ambitions for a better life. They hate the idea that we want our kids to do better than we have done.

    Why? Successful people generally don’t vote Democrat. The Democrats want power, and they want people dependent upon government. That’s why they have opened borders. They want poor people they can control.
     
  16. Zorro

    Zorro Well-Known Member

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    The Consumer Just Crashed: Credit Card Spending Unexpectedly Cratered In September
    [​IMG]
    'Credit Card data for the 16 sub-sectors we track show that total spending in Sept week 5 (ended 9/30) decreased 11.3%, a deceleration compared to the week ended 9/23, which was -10.9%.'

    https://archive.ph/zYQPf

    '... one look at the heatmap says it all: with a 10.8% YoY drop in September, surpassing even the 10.7% drop in April 2020, the US consumer has finally hit the brick wall.'
    [​IMG]
    Bribed Joe has been gaslighting us on Bidenomics, all year.
     
  17. Just A Man

    Just A Man Well-Known Member

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    Yes, the power-hungry narcissistic politicians want the poor un-sophisticated illegals coming here so they can control them. And they have been working hard to under-educate our kids so they can control them. A once great nation is slowly being ruined by those seeking power over others.
     
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  18. Zorro

    Zorro Well-Known Member

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    Grocery Prices Are Rising, and Social Media Users Want To Talk About It

    'Shilo Lewis was shocked by how much her last grocery store haul cost.'

    'A cart full of ingredients for sandwiches and tacos – enough for four lunches and a couple of dinners for her and her husband – plus an 18-pack of beer cost her just under $100. The 49-year-old snapped a photo of the haul and posted it on Facebook Wednesday in disbelief.'

    '“If it keeps going up, I don’t know how so many people are going to be able to continue to eat,” she told USA TODAY, adding that she and her husband had to stop at a food bank to stock up on more supplies after the trip to Safeway. The food is meant to last them until Oct. 15, when her next paycheck comes in.'

    American Families are doing with less, but Bribed Biden and the Dems claim that the Federal government can't do with a dime less.

    How is that fair?

    [​IMG]
     
    Last edited: Oct 9, 2023
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  19. Zorro

    Zorro Well-Known Member

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    Americans Dissatisfied With Stagflation, Crime and Border Chaos

    70% are dissatisfied with the country’s direction.

    All GOP issues
    • 'Nearly one in two Americans prioritizes the economy as the country's most important issue
    • Immigration/border security and gun violence/control are the other top concerns
    • Over two-thirds express dissatisfaction with the direction of the country'
    How do American voters rank issues?

    'Investigation of the Trump administration ranked last with 6%'

    Remember this as you interact with folks who think this is the top issue; they are the only ones that care about it.

    [​IMG]
     
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  20. Zorro

    Zorro Well-Known Member

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    THE BIDENOMICS SQUEEZE ON WORKING FOLKS

    Why downsizing will cost homeowners MORE: Soaring house prices and elevated mortgage rates mean retirees can no longer afford to move.

    'Downsizing has traditionally made sense for retirees looking to settle down and shore up their nest eggs for their later years. But moving to a smaller home may no longer be a way for Americans to save money in the current market, experts warn.'

    'The average 30-year fixed-rate mortgage has soared to 7.49 percent, according to latest data from lender Freddie Mac, while many homeowners are locked into much cheaper 2 or 3 percent deals on their current homes.'

    Hard to let that go.

    'Meanwhile the number of smaller houses for sale has diminished in recent years, according to listing website Realtor.com – pushing up the price of the limited inventory on the market.'

    'The number of properties for sale that measure 750 to 1,750 square feet – the size range people who are downsizing tend to purchase – has dropped by more than 50 percent since 2016, according to Realtor.com.'

    'They might not be able to afford to stay, either, as property taxes go nowhere but up on their appreciating homes.'

    It might be time for Prop 13 CA style revolt, the 1978 movement that launched Ronaldus Maximus into the WH.
     
  21. Zorro

    Zorro Well-Known Member

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    Inflation Breakdown: Cost of Rent and Food Is Rising the Fastest

    That's where it hurts the most.

    'Inflation rose more than expected in September as a spike in the cost of rent and food kept prices abnormally high for millions of U.S. households. '

    Inflation's weight is 'increasing every month on family budgets," said Robert Frick, corporate economist with the Navy Federal Credit Union. "And that shelter and food costs rose particularly is especially painful."'

    It's getting more and more unbearable with each passing month.
     
  22. Cybred

    Cybred Well-Known Member

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    Yep, biden has mind controlled the oil corps.
     

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