Bidenomics: Double the Grief as Americans Slump Economically in 2023!

User avatar
By Buffalo
12 Jan 2024 7:02 am in No Holds Barred Political Forum
1 2 3 4
User avatar
Fuelman
12 Jan 2024 2:55 pm
User avatar
     
2,392 posts
Plan on seeing more headlines like this.


New York
CNN

Citigroup will lay off 20,000 employees over the next two years, CFO Mark Mason said Friday. The reduction comes after the company reported a $1.8 billion net loss for the fourth quarter of 2023, its worst quarter in 15 years.
User avatar
Buffalo
13 Jan 2024 4:25 pm
User avatar
     
4,634 posts
Bidencrimefamily » 12 Jan 2024, 12:21 pm » wrote: The U.S. labor market ended the year strong, creating more than 200,000 jobs in the last month of the year and nearly 2.7 million jobs in all of 2023, when seasonally adjusted. Consumer spending remained robust throughout the year, with bright spots in travel and entertainment.5 days ago
https://www.cnbc.com › 2024/01/07
You really are a ****, liberal idiot!!!
There’s something wrong with previous U.S. jobs reports.
The government quietly erased 439,000 jobs through November 2023, a closer look at the numbers from the Bureau of Labor Statistics shows. 
That means its initial jobs results were inflated by 439,000 positions, and the job market is not as healthy as the government suggests. Since the government wiped out 439,000 jobs after the fact, the total percentage of jobs created by the government last year is even higher. Increased government hiring has been driving the jobs numbers higher.

Initial US employment reports overstated by 439,000 jobs in 2023 (msn.com)

 
 
User avatar
NEILCAR
13 Jan 2024 4:41 pm
User avatar
   
800 posts
R.Suave » 12 Jan 2024, 8:28 am » wrote: Data shows otherwise...
no. …  no it does not. 

I went shopping for food today. Bacon is between $7 - $9 … Inflation is still there
R. Suave
13 Jan 2024 4:44 pm
Child Groomer, Sexual Predator
11,822 posts
NEILCAR » 13 Jan 2024, 5:41 pm » wrote: no. …  no it does not. 

I went shopping for food today. Bacon is between $7 - $9 … Inflation is still there
No, it isn't...

I paid 5.00 for a double cheeseburger w/bacon.
 
User avatar
*Nucleus
13 Jan 2024 4:52 pm
User avatar
     
4,090 posts
R.Suave » 13 Jan 2024, 5:44 pm » wrote: No, it isn't...

I paid 5.00 for a double cheeseburger w/bacon.
SAME SANDWICH WAS $3.00 WHEN TRUMP WAS PRESIDENT
AND THAT INCLUDED A BIGGY FRIES AND A BIGGY DRINK
CHOKE ON IT 
 
R. Suave
13 Jan 2024 4:52 pm
Child Groomer, Sexual Predator
11,822 posts
POM » 13 Jan 2024, 5:52 pm » wrote: SAME SANDWICH WAS $3.00 WHEN TRUMP WAS PRESIDENT
AND THAT INCLUDED A BIGGY FRIES AND A BIGGY DRINK
****...it was $5.00
User avatar
Buffalo
13 Jan 2024 4:57 pm
User avatar
     
4,634 posts
R.Suave » 13 Jan 2024, 5:44 pm » wrote: No, it isn't...

I paid 5.00 for a double cheeseburger w/bacon.
The dark reality of Bidenomics is 16.6% inflation under the President’s watch. When he took office, inflation was at just 1.4%. Inflation has stayed above the Federal Reserve's 2% target for 35 consecutive months since March 2021.

Average hourly earnings for all employees dropped 2.5% to $11.10 in December from $11.39 in January 2021 when Biden assumed office. Despite nominal salary increases at their fastest pace in years, American workers are now worse off than when the President took office.

In summary, the prices have increased by 16.6%, while real wages have declined by 2.5%, meaning Americans have taken a 2.5% pay cut under the current administration. To put it differently, people now need 19.1% more income than they had in January 2021 to maintain their living standard.

ImageBidenflation Steady At 16.6%, With No Signs Of Easing (tippinsights.com)
R. Suave
13 Jan 2024 5:00 pm
Child Groomer, Sexual Predator
11,822 posts
Buffalo » 13 Jan 2024, 5:57 pm » wrote: The dark reality of Bidenomics is 16.6% inflation under the President’s watch. When he took office, inflation was at just 1.4%. Inflation has stayed above the Federal Reserve's 2% target for 35 consecutive months since March 2021.

Average hourly earnings for all employees dropped 2.5% to $11.10 in December from $11.39 in January 2021 when Biden assumed office. Despite nominal salary increases at their fastest pace in years, American workers are now worse off than when the President took office.

In summary, the prices have increased by 16.6%, while real wages have declined by 2.5%, meaning Americans have taken a 2.5% pay cut under the current administration. To put it differently, people now need 19.1% more income than they had in January 2021 to maintain their living standard.

ImageBidenflation Steady At 16.6%, With No Signs Of Easing (tippinsights.com)
This is ****.
User avatar
Buffalo
13 Jan 2024 5:10 pm
User avatar
     
4,634 posts
Prove it, asshole!!!
 
User avatar
NEILCAR
13 Jan 2024 7:31 pm
User avatar
   
800 posts
R.Suave » 13 Jan 2024, 5:44 pm » wrote: No, it isn't...

I paid 5.00 for a double cheeseburger w/bacon.
I call bs ... where ... name, location!!!
R. Suave
13 Jan 2024 7:36 pm
Child Groomer, Sexual Predator
11,822 posts
NEILCAR » 13 Jan 2024, 8:31 pm » wrote: I call bs ... where ... name, location!!!

Image
 
User avatar
Squatchman
14 Jan 2024 2:43 am
User avatar
Child Groomer, Sexual Predator
4,130 posts
POM » 13 Jan 2024, 5:52 pm » wrote: SAME SANDWICH WAS $3.00 WHEN TRUMP WAS PRESIDENT
AND THAT INCLUDED A BIGGY FRIES AND A BIGGY DRINK
CHOKE ON IT
  Fat *** trump supporters know their fast food prices for sure.
Fast food for fat asses is part of their "culture."
 
User avatar
*Nucleus
14 Jan 2024 5:53 am
User avatar
     
4,090 posts
Squatchman » 14 Jan 2024, 3:43 am » wrote:   Fat *** trump supporters know their fast food prices for sure.
Fast food for fat asses is part of their "culture."
MS IS GOING TO TAKE YOUR WIFE NO MATTER HOW HARD SHE FIGHTS  Image  
 
 
User avatar
NEILCAR
14 Jan 2024 6:32 am
User avatar
   
800 posts
minor point ... not seeing any bacon ... city and state .... 

Bacon in Austin Texas is between $7 - $9 ,,, Doesn't sound like inflation is over to me!!! 
User avatar
RebelGator
14 Jan 2024 6:36 am
User avatar
      
11,332 posts
R.Suave » 13 Jan 2024, 5:44 pm » wrote: No, it isn't...

I paid 5.00 for a double cheeseburger w/bacon.
**** in, **** out.....not surprising.

Burger King, right? 
 
User avatar
Buffalo
14 Jan 2024 6:38 am
User avatar
     
4,634 posts
NEILCAR » 14 Jan 2024, 7:32 am » wrote: minor point ... not seeing any bacon ... city and state .... 

Bacon in Austin Texas is between $7 - $9 ,,, Doesn't sound like inflation is over to me!!!
It is not.  Inflation is still 16+% while wages have fallen 2.5%.  
 
1 2 3 4

Who is online

In total there are 3168 users online :: 14 registered, 16 bots, and 3138 guests
Bots: SiteLockSpider, okhttp, proximic, MicroMessenger, ADmantX, CensysInspect, NING, DuckDuckBot, YandexBot, Applebot, bingbot, Mediapartners-Google, facebookexternalhit, Googlebot, CriteoBot, curl/7
Updated less than a minute ago
© 2012-2026 Liberal Forum

Search