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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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