Bidenflation - Page 7

Skyrocketing inflation is increasing the burden on American parents to raise children, according to the Brookings Institution.

In a recent article, Bloomberg details Bill Gates’ efforts to lobby Joe Manchin over the climate and spending bill known as the “Inflation Reduction Act” even though it won’t reduce inflation according to nonpartisan experts. Gates worked hard to ensure the passage of the bill as it would further his creepy vision of a transition to clean energy.

The Democrats named their tax and spending bill the Inflation Reduction Act, but Americans are not buying it.

More than one-third of Biden voters say the economy is already in a recession.

Bidenflation is coming to Disney’s streaming customers in a big way with the price of a standard Disney+ subscription soaring nearly 40 percent. Hulu is also hiking its prices by more than 15 percent.

Ford is increasing the starting prices of its electric F-150 Lightning truck by as much as $8,500 due to “significant material cost increases and other factors.”

Wage gains still lag inflation but real wages did actually rise for the first time this year in July.

Economists had expected inflation to fall to 8.8 percent year-over-year and for core inflation to climb to 6.1 percent.

The biggest decline in records that go back to 1948.

The public may be underestimating how hard it will be to bring down inflation.

U.S. employers added a jaw-dropping 528,000 jobs in July, far more than expected, and wages jumped higher than expected—and yet the number of people working or looking for work declined. Where is everyone?

A jobs report that would be wonderful in a low-inflation, high-growth environment is terrible in a high-inflation, low-growth economy.

So no anti-inflation pressure until 2028.

Nearly half of the food banks in the United States are experiencing increased demand as Americans struggle under the crushing weight of inflation.

“The rising cost of living is the most commonly cited cause of lower sales, as well as the worsening economic outlook,” said economist Chris Williamson.

More than four in ten Americans have been forced to cut back on everyday habits and items, including the amount of groceries they purchase, as a result of Bidenflation, a recent Suffolk University/USA TODAY survey found.

House Republicans slammed Democrats’ newly unveiled Inflation Reduction Act of 2022 on Friday, saying it is “likely to worsen the economy.”

The high cost of living and deteriorating purchasing power continue to be a big drag on consumers.

Sen. Elizabeth Warren (D-MA) is setting her focus on “big corporations” rather than Democrat policies as Americans grapple with 41-year high inflation and experience two consecutive quarters of negative economic growth.

Spending and prices are rising faster than incomes.

Wages and salaries are up by a record amount. Unfortunately, the cost of living is rising even faster.

More bad news on inflation.

The Biden administration and establishment media are trying to “gaslight people about the economic slowdown,” Florida Gov. Ron DeSantis (R) said on Thursday following the latest dire economic report, showing the U.S. Gross Domestic Product (GDP) shrinking by 0.9 percent in the second quarter.

Gross domestic product shrank again last quarter, confirming the widespread impression that the economy is lousy.

Democrats and establishment media outlets were mocked across social media on Thursday for attempting to redefine “recession,” as many pointed out that the far left has done the same with other words — such as “woman” — frequently redefining words to better suit their own political purposes.

Just four percent of Americans say the U.S. economy is in “excellent” shape, a recent poll from TheEconomist/YouGov found. 

“This is Joe Biden’s recession,” the Republican National Committee (RNC) said on Thursday following the negative economic report, showing the U.S. economy contracting by 0.9 percent in the second quarter.

An economic recovery is when House Democrats are “out of power,” House Republicans said on Thursday following news of the U.S economy contracting for the second consecutive quarter in 2022 as Democrats and establishment media outlets war over the definition of a recession.

A second consecutive quarter of contraction.

The Fed pushed rates higher again in an effort to tame four-decade high inflation.

There’s no doubt that the Federal Reserve is going to raise its interest rate target at the end of tomorrow’s meeting of the Federal Open Market Committee. What we do not know is how much they will raise.

When inflation increases the cost of necessities like food and energy, it draws spending away from other parts of the economy. This dynamic – often referred to as the “inflation tax” – is now expected to take a big bite out of Walmart’s earnings.

We do not need permission from economic eggheads to declare this a terrible economy.

Former President Donald Trump highlighted the “stark” economic contrast between his administration’s “amazing success” and President Joe Biden’s “breathtaking failure” while speaking at the Save America rally in Prescott Valley, Arizona, Friday night.

G.K. Chesterton once said that he owed his success to having listened respectfully to the very best advice, and then doing the exact opposite.

Everything is so expensive no one can afford to buy anything anymore.