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Joe Biden's Latest Economic Speech Was So Bad, Your Palm Will Meet Your Face

 

 

The White House just keeps on trotting out Joe Biden, and he just keeps on giving speeches that will make you want to gouge your own eyes out. Imagine being told over and over that pigs can actually fly, with no amount of evidence changing the narrative. That's what it's like to listen to any messaging coming out of the Biden administration. 

 

Things kicked off after Biden landed in Minnesota, where he took the short stairs off Air Force One because we have a president who can't be trusted to use the normal airstairs literally every other president has used. It's fine, though. Just pretend like you don't notice. 

 

Pretty soon, it was time for another riveting speech on "Bidenomics," perhaps the worst political marking scheme in modern history. 

 

 

Prices are up nearly 18 percent since Biden took office and interest rates are so high no one can buy a house! Amazing!

 

Every time I hear the president go on about Bidenomics, I want to slowly press my palm to my face. It's such an insult to hard-working Americans who are struggling right now. This is an economy that has left almost no one better off than they were pre-COVID. Savings rates have declined, wage increases have not kept up with inflation, and buying anything on credit is just about the dumbest decision you can make. That all adds up to stagnation. Normal people can't get ahead because property investment was once the safest and smartest way to grow wealth.

 

https://redstate.com/bonchie/2023/11/01/joe-bidens-latest-economic-speech-was-so-bad-your-palm-will-meet-your-face-n2165804

 

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THEY KEEP TELLING ME THE ECONOMY IS DOING GREAT BUT I KEEP READING STORIES LIKE THIS ONE: 

 

Target seeing customers pulling back even on groceries – CEO tells CNBC. 

 

“Target (TGT.N) is seeing shoppers trim spending even on groceries as household budgets are stretched due to higher prices and borrowing costs, the U.S. big-box retailer’s CEO Brian Cornell said in an interview aired on CNBC on Thursday.”

 

https://www.reuters.com/business/retail-consumer/target-seeing-customers-pulling-back-even-groceries-ceo-tells-cnbc-2023-11-02/

 

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2 minutes ago, B-Man said:

 

 

 

THEY KEEP TELLING ME THE ECONOMY IS DOING GREAT BUT I KEEP READING STORIES LIKE THIS ONE: 

 

Target seeing customers pulling back even on groceries – CEO tells CNBC. 

 

“Target (TGT.N) is seeing shoppers trim spending even on groceries as household budgets are stretched due to higher prices and borrowing costs, the U.S. big-box retailer’s CEO Brian Cornell said in an interview aired on CNBC on Thursday.”

 

https://www.reuters.com/business/retail-consumer/target-seeing-customers-pulling-back-even-groceries-ceo-tells-cnbc-2023-11-02/

 

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They will blame the recession/crash on the wars or some "event" that hasn't happened yet. 

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BIDENOMICS IS WORKING: 

 

Credit card balances spiked in the third quarter to a $1.08 trillion record. 

 

“Steadily, persistently higher prices have caused consumers to spend down their savings and increasingly turn to credit cards to make ends meet.”

 

 

https://www.cnbc.com/2023/11/07/credit-card-balances-jump-to-1point08-trillion-record-how-we-got-here.html

 

 

 

 

 

 

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1 hour ago, B-Man said:

 

 

 

BIDENOMICS IS WORKING: 

 

Credit card balances spiked in the third quarter to a $1.08 trillion record. 

 

“Steadily, persistently higher prices have caused consumers to spend down their savings and increasingly turn to credit cards to make ends meet.”

 

 

https://www.cnbc.com/2023/11/07/credit-card-balances-jump-to-1point08-trillion-record-how-we-got-here.html

 

 

 

 

 

 

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Similar to how people hardship withdraws from 401K are very high as well

 

Biden omics are amazing for the GDP . not so much for people.

https://www.foxbusiness.com/economy/401k-hardship-withdrawals-are-surging-high-inflation-squeezes-americans

 

 

 

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8 minutes ago, Tommy Callahan said:

Does this mean ***** will start getting cheaper?  Or more expensive. 

 

 

 

 

It's bidenomics Tommy, don't try to reason it. We are living in the age of LGBTQ for Palestin

Nothing makes sense anymore 

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3 minutes ago, Tommy Callahan said:

My wife is trolling me by sending me pictures of the totals while she is getting the last of the prep for thanksgiving.

 

its insane.

 

I really cant imagine the poor and fixed trying to live with this BS

 

 

I don't know where she's shopping. I was impressed by how cheap everything was.

Turkey: with supermarket online coupon, Butterball for 75 cents a pound. 17 pound turkey was about 13 bucks.

Other stuff is pretty cheap. Apparently canned cranberry sauce is up. Why does anyone use canned cranberry sauce? I got two pounds of fresh cranberries for about 6 bucks. Just add sugar and water and heat. So much better than the canned stuff.

Stuffing? What? Stale bread or store bought mix. 

Potatoes? What kinds of potatoes are people buying? Maybe 3-4 bucks a pound.

Costco pumpkin pie is ridiculously huge for like 7 bucks.

 

Add it all up and you'll easily feed 8 people for maybe 6 bucks apiece.

I'm having fewer people this year which means plenty of leftovers to make myself one more dinner and a few sandwiches.

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9 minutes ago, The Frankish Reich said:

I don't know where she's shopping. I was impressed by how cheap everything was.

Turkey: with supermarket online coupon, Butterball for 75 cents a pound. 17 pound turkey was about 13 bucks.

Other stuff is pretty cheap. Apparently canned cranberry sauce is up. Why does anyone use canned cranberry sauce? I got two pounds of fresh cranberries for about 6 bucks. Just add sugar and water and heat. So much better than the canned stuff.

Stuffing? What? Stale bread or store bought mix. 

Potatoes? What kinds of potatoes are people buying? Maybe 3-4 bucks a pound.

Costco pumpkin pie is ridiculously huge for like 7 bucks.

 

Add it all up and you'll easily feed 8 people for maybe 6 bucks apiece.

I'm having fewer people this year which means plenty of leftovers to make myself one more dinner and a few sandwiches.

It reads like you just cut and pasted that out of an advertisement.

 

It's what everyone that actually shops is seeing at the register.  

 

 

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2 minutes ago, Tommy Callahan said:

It reads like you just cut and pasted that out of an advertisement.

 

It's what everyone that actually shops is seeing at the register.  

 

 

No, I actually bought those things myself over the course of the last week. Everyone by now should know that the major supermarket chains always offer a coupon deal on turkeys before Thanksgiving. 

For me, inflation is most evident in the cost of eating out. Thankfully, Thanksgiving dinner at home remains a bargain.

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1 minute ago, The Frankish Reich said:

No, I actually bought those things myself over the course of the last week. Everyone by now should know that the major supermarket chains always offer a coupon deal on turkeys before Thanksgiving. 

For me, inflation is most evident in the cost of eating out. Thankfully, Thanksgiving dinner at home remains a bargain.

You’re clueless 🤣🤣🤣

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4 minutes ago, Westside said:

You’re clueless 🤣🤣🤣

Well then you guys need to tell me exactly what you're having for Thanksgiving and how much you paid for it.

You could, of course, go the full Whole Foods lazy/expensive route and easily spend 4X what I did.

https://sporked.com/article/whole-foods-thanksgiving-dinner/#:~:text=The Main%3A Oven Ready Turkey,having an unseen sous chef.

But PPP doesn't strike me as having a big Whole Foods vibe.

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1 minute ago, The Frankish Reich said:

Well then you guys need to tell me exactly what you're having for Thanksgiving and how much you paid for it.

EVERYTHING is more expensive!! Maybe you can find some coupons to lower the cost but it is still expensive. 
You lefties have a problem dealing with realities. 

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1 minute ago, Westside said:

EVERYTHING is more expensive!! Maybe you can find some coupons to lower the cost but it is still expensive. 
You lefties have a problem dealing with realities. 

It simply isn't "expensive" to make Thanksgiving dinner unless you're doing something unusual that most Americans don't do.

Again, you can buy a free range Whole Foods turkey for nearly $100. My Butterball was $13. Thanksgiving foods are not elite foods. They are wholesome/relatively cheap foods. 

I won't argue with you if you want to tell me that the cost of a decent steak dinner for four at a restaurant has shot up in price. Thanksgiving? No.

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9 minutes ago, BillStime said:

Do these MAGA nutters really think the economy would be any different today with Trump in charge?

 

Heck - his super amazing economy required a bailout at the BEGINNING of the pandemic. 

 

And look how Conald left it.

 

idiots 

 

After the dummycrats shut the economy down, they try to blame Trump for their failures. Typical liberal scum.

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8 minutes ago, Westside said:

After the dummycrats shut the economy down, they try to blame Trump for their failures. Typical liberal scum.


Who was POTUS when COVID arrived?

 

Florida allegedly didn’t shut down and that state is experiencing the worst inflation rate.

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     8 bucks for a smaller box of cereal with 30% air tells me everything I need 

to know about the economy. The government and their corporate allies 

came up with this scheme to rob Americans. 

Not to mention the deficit has obliterated the dollar. Its about as useless as

toilet paper. 1 dollar equals about 50 cents now post covid.

Maybe less.

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On 11/22/2023 at 12:40 PM, The Frankish Reich said:

It simply isn't "expensive" to make Thanksgiving dinner unless you're doing something unusual that most Americans don't do.

Again, you can buy a free range Whole Foods turkey for nearly $100. My Butterball was $13. Thanksgiving foods are not elite foods. They are wholesome/relatively cheap foods. 

I won't argue with you if you want to tell me that the cost of a decent steak dinner for four at a restaurant has shot up in price. Thanksgiving? No.

You defend inflation in thanksgiving dinner, from last year to this year, by comparing thanksgiving dinner to a steak dinner for four at a restaurant?

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28 minutes ago, BillStime said:

Listen to these idiots complaining about Biden doing things to help the little guy.
 

Pathetic simps

He’s sure helping the little guy when they can’t buy food.  What rock are you living under?

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1 minute ago, BillStime said:


So Biden controls the price of goods?

 

Are you a communist?

So now Biden and his buddies, and their ridiculous  experiments have no influence on anything?  Take your head out of the sand.  We had a humming economy before the socialist experiments started.  Ruined a good thing.  

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8 minutes ago, Irv said:

So now Biden and his buddies, and their ridiculous  experiments have no influence on anything?  Take your head out of the sand.  We had a humming economy before the socialist experiments started.  Ruined a good thing.  


Your humming economy required a $2 TRILLION dollar bailout at the START of COVID.

 

Seriously, foh 

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2 hours ago, Pokebball said:

You defend inflation in thanksgiving dinner, from last year to this year, by comparing thanksgiving dinner to a steak dinner for four at a restaurant?

I defend it because, from my own experience the last couple weeks, it was easy to feed six people for about 60 bucks. And since there's a lot of leftovers, I'd go with 10 people for 70 bucks. This is McDonald's, or these days, maybe less.

 

EDIT: I see the usual eyerolls and laughs from the usual suspects. But so far no one has told me how much THEY spent on Thanksgiving, and what was on THEIR tables. So give me your accounting and if its more than about 8 bucks a person I'll tell you what you're doing wrong. It's a service I provide here. For free.

Edited by The Frankish Reich
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7 hours ago, The Frankish Reich said:

I defend it because, from my own experience the last couple weeks, it was easy to feed six people for about 60 bucks. And since there's a lot of leftovers, I'd go with 10 people for 70 bucks. This is McDonald's, or these days, maybe less.

 

EDIT: I see the usual eyerolls and laughs from the usual suspects. But so far no one has told me how much THEY spent on Thanksgiving, and what was on THEIR tables. So give me your accounting and if its more than about 8 bucks a person I'll tell you what you're doing wrong. It's a service I provide here. For free.

I will go with regular prices on low end basics since I went to two separate stores for my materials to make sure I was getting good deals and if my effort is required then the WH is truly insane:

12 lb turkey $18

6 lbs of potatoes $6

2 lbs of butter- sweet potatos and regular potatoes and breas $8

6 lbs sweet potatoes $8

Brown sugar- $2

Pecans for sweet potato topping $5

2 loaves of bread for stuffing $6 

Broth for stuffing $4

Celery- $2

Onions-$2

4 lbs of green beans $8

Half gallon milk for potatoes $3

Gravy-  $6

spices for everything- $4

 

desserts

pumpkin pie- $5 store bought

home made cookies-  $7

home made pie- $9

 

which does not include the appetizers, which was not my domain. 

 

the argument that it is reasonable to be under $60 if you are frugal is insane. I do not have Mac n cheese here, or collared greens, or any other meat. The WH statement is only accurate if you do the bare minimum.

 

 

 

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Thanks a lot, Brandon. 

 

https://www.wsj.com/us-news/american-dream-out-of-reach-poll-3b774892

 

The American dream—the proposition that anyone who works hard can get ahead, regardless of their background—has slipped out of reach in the minds of many Americans.

Only 36% of voters in a new Wall Street Journal/NORC survey said the American dream still holds true, substantially fewer than the 53% who said so in 2012 and 48% in 2016 

 

 

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