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Since Republicans keep talking about all the layoffs like they’re Biden’s fault, I think it’s only fair to point out that big businesses are doing this for regular capitalist reasons.
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Rising rents are pushing inflation higher again
https://www.reuters.com/markets/us/us-consumer-prices-rise-more-than-expected-january-2024-02-13/#:~:text=In%20the%2012%20months%20through,of%209.1%25%20in%20June%202022. Thanks to Bidenomics, fuel is not n the rise again https://www.nerdwallet.com/article/finance/are-gas-prices-going-down The average American can barely afford to feed themselves https://www.wkbw.com/news/local-news/buffalo/you-can-hardly-feed-a-family-higher-food-prices-in-store-and-dining-out Hold onto your hats folks, there’s going to be another spike soon… |
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https://www.forbes.com/advisor/banking/living-paycheck-to-paycheck-statistics-2024/
More Americans moving paycheck to paycheck, thanks to rising costs and bumbling, stumbling Biden, the average American is in higher debt, can’t afford food and struggling to pay utilities. https://cw39.com/news/money/study-one-in-five-americans-struggle-to-pay-utility-bills-on-time/amp/ |
Is it your position that the president should nationalize utilities, food production, and other industries responsible for daily necessities, expect people to work according to their ability, and provide things to people according to their needs? If so, bring on the Marxist revolution! Capitalism has had its time. |
What happened to personal responsibility? Why aren't these people pulling themselves up by their own bootstraps? Isn't that the GOP way? |
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Hey Rs - instead of gleefully hoping for more suffering, how about helping some people?
Do Rs have even one single idea for helping people? |
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Jobless claims fall 12k to 201k, near historic lows.
Existing home sales up 3.1%, to a 4M annualized rate. Manufactured index up to 51.5 from 50.7. Over 50 indicates expansion. And take a look at your 401k, stock market surges to record highs. S&P up over 2%, Nasdaq closer to 3% on the day. Nvidia up 15% with blowout results! What a day for the economy. This is not a good economy, it’s a full fledged boom! |
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Thanks to the bumbling and stumbling of the administration bumbling, stumbling dementia Joes economy is stumbling along…
https://nypost.com/2024/02/21/business/americans-spending-11-3-of-income-on-food-most-in-30-years/amp/ Americans have spent the most on food in over 30 years. People can’t even take their families out for a nice dinner https://amp.cnn.com/cnn/2024/02/13/economy/food-prices-cpi-inflation/index.html Oops don’t look now…gas prices rise again putting more Americans in economic pain. Hold onto your hats folks, the worst is yet to come. |
Since when is a president responsible for food prices? Or gas prices? Have you noticed that companies that produce food and sell it retail are reported record profits? THAT is your inflation. |
Sorry you are so bad with money. We go our every Friday night for dinner. And we don't even make 6 figures. |
Did you even look at the chart? People are eating out at record levels, that is why food costs are up. The chart doesn’t say what this author thinks it says. It says people are spending more on food because they are eating out more. That means they feel economically secure enough to spend more on food by eating out!! Just look at the chart. |
Regardless of the anecdotes someone keeps posting, all the important numbers show a strong economy. Someone keeps posting every layoff announcement they can find even though layoffs are at historic lows. |
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Oof, food insecurity is impacting 1 in 8 Americans
https://usafacts.org/articles/food-insecurity-in-the-us/ Half of Americans are worse off now than under Trump https://www.bankrate.com/personal-finance/american-opinions-on-personal-finances-and-us-economy-since-2020-election/ Staggering amount of people in tons of debt https://www.cnbc.com/amp/2024/02/06/credit-card-balances-jump-to-new-1point13-trillion-record-at-end-of-2023.html Thanks to the Biden’s bumbling, stumbling economy Main Street suffers as Wall Street continues to gain profits. It’s just the Biden regime helping out his buddies as the average American can barely afford to keep up with expenses |
You must be getting money from non and dad. The average American can’t afford to dine out https://finance.yahoo.com/news/6-reasons-middle-class-t-220006450.html It’s no surprise as Gen X can barely afford to pay rent anymore https://www.axios.com/2023/11/21/renting-homes-living-alone-gen-z-data Oof meter set to maximum Biden level ooofff |
| *Gen Z can’t afford rent |