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Started By
Message
Bidenomics is working
Posted on 9/19/23 at 9:55 am
Posted on 9/19/23 at 9:55 am
President Biden
@POTUS
·
Follow
Inflation has fallen for twelve months straight, down to 3%.
Good jobs and lower costs: That’s Bidenomics in action.
The poverty rate in the United States increased last year, the first increase in 13 years, according to the Census Bureau.
In 2022, the poverty rate was 12.4%, up 4.6% from 2021, according to the Supplemental Poverty Measure (SPM), which looks at government programs and tax credits designed to help low-income families, according to the census.
The expiration of pandemic programs, including refundable tax credits and stimulus payments, at the start of 2022, led to an increase in the SPM over the official poverty rate, the census reported.
The poverty rate among children saw a sizeable increase, more than doubling from 5.2% in 2021 to 12.4% last year, census data shows.
The increase in the child poverty rate comes after the child tax credit expansion ended on Dec. 31, 2021.
quote:
Credit card debt passed $1 trillion. Defaults on car loans are at record highs. Mortgage rates are over 7%.
Ryan Schmid
@Schmiddysaurus
·
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People are only in poverty because they are using all of their available consumer credit because the economy has never been stronger
LINK
16
Posted on 9/19/23 at 9:58 am to Jbird
3% my fricking arse.
Posted on 9/19/23 at 10:00 am to Jbird
All I know is that our dollars are worth about 75% of what they were worth when this clown was installed.
Posted on 9/19/23 at 10:00 am to Jbird
Just make stuff up and keep spinning it... The lemmings will believe it...
Posted on 9/19/23 at 10:01 am to teke184
quote:
3% my fricking arse
3% higher than last years 8% inflation.
Posted on 9/19/23 at 10:05 am to The Maj
quote:
Just make stuff up and keep spinning it... The lemmings will believe it...
I honestly believe they know it's a lie.
Politics among citizens has become more about not wanting to be affiliated with the opposite party, facts be damned.
Conservatives will form their beliefs system with the objective of never being associated with anything "liberal". Liberals do the same to avoid being lumped in with "conservatives".
No one really cares about what is ACTUALLY going on anymore.
This post was edited on 9/19/23 at 10:19 am
Posted on 9/19/23 at 10:06 am to Jbird
quote:
People are only in poverty because they are using all of their available consumer credit because the economy has never been stronger
Posted on 9/19/23 at 10:08 am to Jbird
quote:
Inflation has fallen for twelve months straight, down to 3%.
Didn't CPI just come out at 3.6%?
These people are such disgusting and shameless liars and they do it so freely because they have no concern they'll ever have to answer for their lies.
Posted on 9/19/23 at 10:11 am to tiggerthetooth
And that excludes food and energy doesn’t it?
Posted on 9/19/23 at 10:12 am to Clyde Tipton
quote:
quote:
3% my fricking arse
3% higher than last years 8% inflation.
This is the big lie that never gets told.
Posted on 9/19/23 at 10:14 am to Jbird
When was the last time we had a transparent government?
Posted on 9/19/23 at 10:16 am to NCIS_76
Probably around 1880 when there wasn’t a formalized civil service in DC and people would show up to petition for jobs.
Posted on 9/19/23 at 10:18 am to Jbird
They control the math and they adjust the numbers to say what they want them to say.
It's like Obama's unemployment numbers. You just don't count a huge section of those out of work and suddenly unemployment goes down!
It's like Obama's unemployment numbers. You just don't count a huge section of those out of work and suddenly unemployment goes down!
Posted on 9/19/23 at 10:20 am to AUCom96
quote:
It's like Obama's unemployment numbers. You just don't count a huge section of those out of work and suddenly unemployment goes down!
The movie wasn’t very good but I reference the Bill Clinton expy in Primary Colors on shite like this.
He says that the phone he threw out the window is near X. It is in the opposite direction. He responds “Well you wouldn’t have found it if I hadn’t thrown it out the window!”
Posted on 9/19/23 at 10:25 am to teke184
quote:
3% my fricking arse.
3% is legit
If you exclude housing, energy, food, and transportation.
Posted on 9/19/23 at 10:25 am to Jbird
more lies from joe
Posted on 9/19/23 at 10:26 am to AUCom96
I hate that guy.
Posted on 9/19/23 at 10:38 am to WillyLoman
quote:
This is the big lie that never gets told.
Everybody with a functioning brain understands that CPI is a tool for government and not an accurate measure of cost of living changes
Posted on 9/19/23 at 10:40 am to Jbird
As soon as Dollar Tree had to charge more than a dollar, I knew we were in trouble.
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