by sundance
When the Biden administration loses MSNBC, you know the White House is realizing this is going to crush them.
In an unusual MSNBC discussion, the regime stenography panel admits that not only is inflation bad now, but it is likely to get much, much worse. Just watch the first three minutes to recognize the scale of how the economic situation in the U.S. is being accepted by the water-carrying media.
“The problem we have here is a series of events that have led to higher prices,” says Liesman. “I am afraid this number is bad and could get worse.”
Keep in mind, most Americans have no idea what 15% inflation and rising interest rates looks like. The Gen-x generation saw everything as it was growing, and the millennial generation has no reference point for thrift prioritization and not being able to indulge themselves. How many even know how to cook, let alone sustain themselves financially.
Yes, things are bad now, but almost every person in the progressive, leftist, occupy, Antifa side of the political divide have no concept of what is about to happen. It is going to be really interesting to watch how the 20- to 40-year-old age groups respond to a new era of economic scarcity.
The ideological Obama crew have really pushed Joe Biden into the furnace.
If Obama had had more Democrats in Congress, he would have destroyed the economy to a point more disastrous than this because he was in the middle of a severe recession. He would have spent even more than he did but Republicans throttled him back (I recommended they let him do his thing and ruin the economy; that’s the only way to cure liberalism). Idiot Biden started out with the strongest economy in US history, just about, with COVID holding it back and he has managed to totally crater it. Either they intend to destroy the economy and, thus, the nation or they are the most incompetent boobs ever seen.
Democrats should NEVER has such power ever again.
Obama inherited a crashed economy with skyrocketing job losses, and left office on the 75 consecutive month of job growth.
But that would be actual history, for which you have little use.
Obama’s economy was horrible. That’s a fact.
I guess you are referring to the housing crash of 2008. The one where Obama was pressing for more loans to be given to those with poor credit who would not be paying them back, That’s the guy you claim saved the economy. Growth under his administration was anemic at best. i recall the American rescue plan and his pledge of shovel ready jobs. Those jobs turned out to be not so shovel ready as Obama admitted. Then there is the long list of failed green energy failures using or tax dollars.
Now here we are under Biden and his record so far is a disaster. Yet you seem to still not have a clue.
Yeah, $865 billion intended for “shovel ready” infrastructure jobs, flushed down the toilet. Now the Democrats have taken another $1.5 trillion for infrastructure again. I wonder how many more trillions will have to be printed and borrowed before infrastructure actually gets addressed? It’s nothing but an ATM for corrupt politicians.
A recession caused by the Community Reinvestment Act, a Democrat social engineering debacle. The vast majority of Obama’s jobs were part time and low paying service jobs, since he had destroyed manufacturing jobs. All this for a mere $10 trillion. His “recovery” was a joke. Trump restored the economy and then idiot Biden destroyed it.
BIDEN ECONOMY: Rumors Swirling of an Emergency Fed Rate Hike as Early as Today or Monday “Because Inflation Is Getting Out of Hand”
The way to reverse inflation immediately would be to restart the Keystone pipeline and start encouraging US oil & gas production. Fuel futures would drop, the cost of gas & diesel would quickly follow. That would bring down the transportation cost of consumer goods which is the culprit of price hikes. Ending the mask mandates and removing the incentives to staying home instead of working would get more people back to work. Which would then result in more product which would keep the price down. Employers would be able to find workers at the wages they want to pay. Inflation would be nipped in the bud. biden will not do for America what will solve the crisis he created.
jimmy carter is laughing. First obama and then biden make carter look like a success. Can anyone think of a time that this kind of economic destruction hasn’t been caused by a democrat president?
Even clinton managed to destroy the amazing upward trajectory of Reagan’s economy that had turned around carter’s malaise and been riding for 10 strong years under him and GHW Bush. It took him a while, but clinton finally got it done and brought back the high inflation by the late 90’s.
Tweedle Dee and Tweedle Dum and we need the Jub Jub Bird
Clinton oversaw a very strong economy, with 4% average annual growth over an 8-year period. Debt grew by a total of $1.4 Trillion over Clinton’s entire 8 years in office. Nearly $7.8 Trillion was added to the national debt during Trump’s 4 years.
Let’s see. The Republicans took over both house’s of Congress for the first time in 40 years after 2 years of Clinton. Recall the contract with America? Clinton rode the internet bubble until it burst during his last year in office. He did sign welfare reform that angered his base. He promised to reverse it but never did. The bulk of the debt under Trump is covid related. But if debt bothers you so much Trump is a piker compared to the start dementia Joe is racking up.
A-Mess-NBC The Lying Peacock News is admiting Biden was a big mistake and electing this Dunderhead was a blunder
we are headed for a recession
It Should be Evident by Now, They Want to Destroy America… Biden Working on Plan to More Easily Release Young Adult Illegals on the Streets of America
It was sad to watch. This old dolt does not know where he is. His responses were 5th grade like.
“You’re Being a Wise Guy” – Joe Biden Scolds NBC’s Lester Holt For Asking About Skyrocketing Inflation (VIDEO)
Lester dolt was being a wise guy for asking the jackass biden about the number one issue in America right now.
FJB
Ornery old dude wants to take Biden behind the woodshed
Joe Biden’s #1 fan
https://citizenfreepress.com/breaking/ornery-old-dude-wants-to-take-biden-behind-the-woodshed/
FJB
And idiot Biden is being anything BUT a wise guy. Kind of sensitive and touchy. Maybe HE needs a room to go cry in when he hears upsetting words.
It seems Ole joe is not so popular on the campaign trail stumping for fellow Dems. Of course he probably will never know.
https://townhall.com/columnists/larryoconnor/2022/02/11/brandon-campaigned-for-a-dem-in-trouble-and-it-didnt-go-very-well-n2603186
Apparently Abigail — congresswoman — your congresswoman’s did not get the memo to have her tires rotated while brandon was in town and so she had no choice but to show up. Well, that should be a red seat agin in November…