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Bidenflation Steady At 16.6%, With No
Signs Of Easing

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Posted By: Moritz55, 1/13/2024 3:07:26 PM

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.

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Reply 1 - Posted by: DVC 1/13/2024 3:13:51 PM (No. 1635511)
$4 trillion created out of thin air and dumped into the economy. THAT's Nutty, Nasty Nancy's contribution to our "well being". Massive, unrelenting inflation of the money....shrinking of the dollar. So, all your saved money is worth less now than it was when you saved it. Dems always wreck the economy. ALWAYS, 100% in my life.
34 people like this.

Reply 2 - Posted by: Rotten in Denmark 1/13/2024 3:43:36 PM (No. 1635524)
Time to buy junk silver or silver rounds. Forget gold, it will never double before silver takes off. Keep cash on hand so if there up is an ATM “problem” you are ok.
10 people like this.

Reply 3 - Posted by: jalo1951 1/13/2024 3:46:50 PM (No. 1635526)
FJB says that is just not true. Everything is good and cannot believe that Americans are so stupid that they cannot understand that we should believe what FJB tells us and not what reallty is true. He is so disappointed in us. We are breaking his heart. Shame on us. s/o When you are the Big Guy getting deposits from around the world on a regular basis money is not a problem so inflation doesn't mean squat. To the rest of us it's a big deal. You blew up the country on day one. Thanks for the article. We knew it, of course, but it is nice to have the numbers on your side to show your progressive brother-in-law.
11 people like this.

Reply 4 - Posted by: stablemoney 1/13/2024 3:47:38 PM (No. 1635528)
Americans are going to eat a 25-40% decline in their standards of living. Get real! The American standard of living is financed by debt. That cannot go on forever.
20 people like this.

Reply 5 - Posted by: wilarrbie 1/13/2024 4:03:21 PM (No. 1635534)
Not to mention more real economic storms are gathering on the horizon. All those illegals are cold, hungry and homeless, and we just gave them lawyers. It's going to be the problem Joe said it wouldn't.
16 people like this.

Reply 6 - Posted by: bpl40 1/13/2024 4:25:27 PM (No. 1635538)
Much as we don't want illegals here but back in their own country, the fact is that they ARE here. They are human beings with human needs. Something our Democrat friends who triggered this mass migration are not unaware of. The impatience of these individuals will begin to rise with their hunger and other needs. They have already violated our immigration laws and seen no consequences. How long will it be before other laws governing respecting property, life and sexual safety of others are shredded? The alarm Trump has raised about our blood being poisoned is very well justified. The speed with which the left denounced it as Hitlerian is proof of it's accuracy.
16 people like this.

Reply 7 - Posted by: enemyofthestate 1/13/2024 4:29:24 PM (No. 1635541)
Bidenflation deniers need only to look at the price of orange juice, butter or bacon. Bidenflation hits me every time I go to the grocery store. Every time!
17 people like this.

Reply 8 - Posted by: franq 1/13/2024 5:27:09 PM (No. 1635569)
It's already starting,#6. I have read of a number of horrific crimes, and the perp fit the "undocumented migrant" profile.
10 people like this.

Reply 9 - Posted by: smokincol 1/13/2024 6:10:32 PM (No. 1635577)
"16.6%" - not from where I'm standing!!
7 people like this.

Reply 10 - Posted by: formerNYer 1/13/2024 6:19:04 PM (No. 1635587)
And according to President Slap Happy the news isn't giving him the credit for all the good he's done. Or is it the opposite? The news isn't giving him the criticism he deserves. I think it's a lot more of the latter than the former.
8 people like this.

Reply 11 - Posted by: LC Chihuahua 1/13/2024 10:11:02 PM (No. 1635665)
Mission accomplished. Right, Joe? Or just getting started? Next, Joe will lecture everyone how money is the root of all evil and we should all be poor.
3 people like this.

Reply 12 - Posted by: Muguy 1/14/2024 12:33:56 AM (No. 1635705)
That percentage quoted in the article is WAY WAY OFF!!!! The rate of inflation in many cases is 20-45% higher for the same items as three years ago!!!
3 people like this.

Reply 13 - Posted by: MickTurn 1/14/2024 12:14:02 PM (No. 1636035)
Correction: Bribenflation.
0 people like this.

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