More Biden Being Out Of Touch With Ordinary Americans

CNN's Erin Burnett asks Biden if he can turn the economy around in time for the November election and Biden says he's already turned it around while the truth is inflation is going higher and interest rates are not coming down.

Unemployment has been below 4% for the longest stretch on record, real GDP is growing at 4% right now, and inflation is back down to around the long-term average. "Turning around" a growing full-employment economy is the kind of dumb shit Republicans would do.
 
Are you lying or just stupid?

Immigrants are going back to work, less Americans are working, Simp.

At first glance, this perspective seems to be spot-on. Compared to the fourth quarter of 2019, right before COVID-19 hit, the fourth quarter of 2023 shows 2.7 million more people working.

Except all those gains are among immigrants.

The number of immigrants working over this period is up by 2.9 million, while 183,000 fewer US-born Americans are working.
 
Immigrants are going back to work, less Americans are working, Simp.

At first glance, this perspective seems to be spot-on. Compared to the fourth quarter of 2019, right before COVID-19 hit, the fourth quarter of 2023 shows 2.7 million more people working.

Except all those gains are among immigrants.

The number of immigrants working over this period is up by 2.9 million, while 183,000 fewer US-born Americans are working.
Biden has created FIVE MILLION more jobs than were lost due to Covid as of last October.

You are talking about less than 3 million going to immigrants (both legal and illegal lumped together)

Clearly the job growth has not gone to just illegal immigrants

. Infographic: The Covid Jobs Recovery Is Complete (And Then Some)
 
CNN's Erin Burnett asks Biden if he can turn the economy around in time for the November election and Biden says he's already turned it around while the truth is inflation is going higher and interest rates are not coming down. Americans can't afford to live now and it's more of Biden saying that everything's just fine. Then he goes on to complain about banks charges for bounced checks and late payment fees on credit cards. He doesn't even realize that if Americans could afford to live they wouldn't be bouncing checks or making late payments on credit cards or even having to charge groceries on their cards because prices are so high.


Unemployment continues at record lows
Employment at record highs
Stocks at record highs
Wages up
Inflation under control

What's hilarious is these Deplorables thinking they're "Ordinary Americans."
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When. in fact, they are the 2024 rebirth of Nikita Khrushchev
 

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So I think most literate Americans understand the Big Picture on the economy.

(1) The economy was cooking along pretty nicely under Trump, largely because of his policies (taxes, trade, etc.).

(2) The Pandemic fucked up the economy - not going into the specific stupid policies, but just saying what it was.

(3) The Democrats decided to use the Pandemic to spend the country into perdition, then refused to scale it back after the Pandemic was over and the economy was starting to come back on its own.

(4) Government spending created inflation and higher interest rates, which harmed working class people seriously.

(5) Biden is trying to take credit for the return of the millions of jobs that were destroyed by the Pandemic - jobs which were coming back regardless. He had nothing to do with it.

Nobody is buying Biden's attempt to take credit for the recovery of the post-Pandemic economy.
Oopsiedoodle

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The deficit has gone down each year under Biden.

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Biden and so many democrats have been gaslighting the American public about the economy for years.

They got away with it for a while but its getting way too expensive and Biden has gotten way too old.
Ouch

The deficit has gone down each year under Biden.
Unemployment continues at record lows aft Trump got it over 11%
The stock market is at record highs
Wages are up
Inflation is under control.

But you just go on believing the lies you're fed because like all MAGATS you need your
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(5) Biden is trying to take credit for the return of the millions of jobs that were destroyed by the Pandemic - jobs which were coming back regardless. He had nothing to do with it.

We crossed pre-pandemic employment levels two years and six million jobs ago.

fredgraph.png
 
CNN's Erin Burnett asks Biden if he can turn the economy around in time for the November election and Biden says he's already turned it around while the truth is inflation is going higher and interest rates are not coming down. Americans can't afford to live now and it's more of Biden saying that everything's just fine. Then he goes on to complain about banks charges for bounced checks and late payment fees on credit cards. He doesn't even realize that if Americans could afford to live they wouldn't be bouncing checks or making late payments on credit cards or even having to charge groceries on their cards because prices are so high.


Bounced check fee reduction is senile-Joe’s big economy fix? Maybe he can bring down the prices on VHS rentals as well. What an out-of-touch buffoon he is.
 
Oopsiedoodle

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The deficit has gone down each year under Biden.

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That graph is misleading. To accurately reflect the deficit, each color would have to pick up where the last one ended instead of being superimposed. All that graph actually shows is the RATE of increase of the deficit. The only reason the rate of increase is slowing is that Biden and congress have stopped handing out checks to people for doing nothing.
 

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