$2.88 gas, 3.7% Unemployed, 4.9% GDP, 3.1% inflation - that’s Bidenomics

[Lastamender]

He pushed nearly zero legislation through in 4 years. All he did was lower taxes permanently on the wealth and companies. Nothing else was achieved. Biden passed infrastructure, CHIPS, inflation reduction bill, vet health bill, and kept the economy from crashing with Covid relief actions. You owe him a thanks.

If you go to trumps accomplishment page all he did was take credit for the economy Obama passed to him and then ignores the fact he destroyed it in 2020. But actual policy? Nothing. We are pumping more oil now and one of his first things he lists is hilariously energy independence.. We are way passed where it was and we all know the president doesn’t drill oil.

What did Trump try to do that was not challenged every legal way possible? He still got things done.

 

[Libby von H]

Yep. Just paid $2.88 for gas. What a time to be alive in America! Joe Biden has crafted the strongest economy in the world and the best US economy since WWII.

Gas was $2.56 across the border in SC about 6 miles from me but I ain’t driving over there to save $2 per tank.


View attachment 885591

I'd bet the house you did not pay that.

 

[Weatherman2020]

Yep. Just paid $2.88 for gas. What a time to be alive in America! Joe Biden has crafted the strongest economy in the world and the best US economy since WWII.

Gas was $2.56 across the border in SC about 6 miles from me but I ain’t driving over there to save $2 per tank.


View attachment 885591

Emergency Oil reserves depleted.

Bidenomics in one graph:

 

[citygator]

I'd bet the house you did not pay that.

I am not interested in your roach motel but why would you suggest the picture of the price of the pump I was using isn’t what I paid? Taxes are included.

 

[bdtex]

Paid $2.39/gallon to fill up my wife's car yesterday.

 

[Cellblock2429]

Both of those are near historical lows. They were really low during covid because of all the breaks lenders were giving but now they are returning to normal rates and people like you call it "rising" when it is actually "normalizing" post covid. Nice try but you have to get up way earlier than noon to fool people like me.

/----/ OOOPSIE Dementia Joe screws the pooch on inflation again. Or, does he only get credit when it goes down?

Josh Schafer
·Reporter
Thu, January 11, 2024 at 4:08 AM EST

Consumer prices increased more than expected in December as investors continue to look for signs the Federal Reserve can begin to cut interest rates.
The December Consumer Price Index (CPI) showed prices ticked up slightly at 0.3% over last month, an increase from the 0.2% seen in November. Prices rose 3.4% over the prior year, an increase from the 3.1% increase seen the month prior.
Economists had expected prices to increase 0.2% month over month and rise 3.2% year over year, according to Bloomberg data.

Inflation increases more than expected in December

The December Consumer Price Index report will put the market's soft-landing narrative to the test on Thursday.

finance.yahoo.com

 

[Harpy Eagle]

/----/ OOOPSIE Dementia Joe screws the pooch on inflation again. Or, does he only get credit when it goes down?

Josh Schafer
·Reporter
Thu, January 11, 2024 at 4:08 AM EST

Consumer prices increased more than expected in December as investors continue to look for signs the Federal Reserve can begin to cut interest rates.
The December Consumer Price Index (CPI) showed prices ticked up slightly at 0.3% over last month, an increase from the 0.2% seen in November. Prices rose 3.4% over the prior year, an increase from the 3.1% increase seen the month prior.
Economists had expected prices to increase 0.2% month over month and rise 3.2% year over year, according to Bloomberg data.

Inflation increases more than expected in December

The December Consumer Price Index report will put the market's soft-landing narrative to the test on Thursday.

finance.yahoo.com

 

[citygator]

/----/ OOOPSIE Dementia Joe screws the pooch on inflation again. Or, does he only get credit when it goes down?

Josh Schafer
·Reporter
Thu, January 11, 2024 at 4:08 AM EST

Consumer prices increased more than expected in December as investors continue to look for signs the Federal Reserve can begin to cut interest rates.
The December Consumer Price Index (CPI) showed prices ticked up slightly at 0.3% over last month, an increase from the 0.2% seen in November. Prices rose 3.4% over the prior year, an increase from the 3.1% increase seen the month prior.
Economists had expected prices to increase 0.2% month over month and rise 3.2% year over year, according to Bloomberg data.

Inflation increases more than expected in December

The December Consumer Price Index report will put the market's soft-landing narrative to the test on Thursday.

finance.yahoo.com

Trends stair step up and down. We are still going down. Thanks for posting a link that shows that core inflation fell another point in December. Energy and food ticked up but energy is plummeting in January. Inflation will likely be down even more this month.

 

[Cellblock2429]

Trends stair step up and down. We are still going down. Thanks for posting a link that shows that core inflation fell another point in December. Energy and food ticked up but energy is plummeting in January. Inflation will likely be down even more this month.

/——/ Only in LiberalPropagandaville does an increase in inflation means a reduction in inflation.

 

[Cellblock2429]

Trends stair step up and down. We are still going down. Thanks for posting a link that shows that core inflation fell another point in December. Energy and food ticked up but energy is plummeting in January. Inflation will likely be down even more this month.

/------/