Americans Will Never Forget The Historic Economic Collapse During Joe Biden’s Presidency

Its not Joe Biden fault.
It is the Democrats and the Republicans fault. Policies that Presidents and Congress put into place has ruined this country and if you continue to vote the guilty parties back in, we will continue our downhill situation.

Now, your turn to make excuses for your party that has failed us.
 
I think it's funny how every conservative thinks they are an economist and yet they are always wrong. The reason for this is that that they never blame the people with all the money for what they do. We are being price gouged nine ways to Sunday by everyone that sells anything but somehow it's Biden's fault.
Congress sets the rules that allow this. It is both parties that have brought us to this point and you keep voting them back in, congrats, you have helped ruin this country.
 

Americans Will Never Forget The Historic Economic Collapse​

During Joe Biden’s Presidency​

4 Jun 2022 ~~ By Michael Snyder

We have faced a lot of significant challenges in modern American history, but nobody will ever forget the economic horror that is breaking loose during Joe Biden’s time in the White House.
For years, we were warned that the policies that our leaders were pursuing would destroy the value of our currency and unleash rampant inflation.

Now it has happened.
For years, we were warned of a looming global energy crisis that would inevitably hit us.
Now it is here.
But what we have been through already is just the beginning. The shortages that we are experiencing now will get worse. Many of the ridiculously high prices that we are seeing now will seem like bargains by the end of the year. And right now the U.S. economy appears to be rapidly slowing down at the exact same moment that economies all over the globe are moving in the wrong direction. The CEO of Goldman Sachs just told us that “there’s going to be tougher economic times ahead”, and he is not exaggerating one bit.
On Thursday, the average price of a gallon of gasoline in the United States reached yet another brand new all-time record high
If Americans don’t like paying about five bucks a gallon, how are they going to feel when it takes about 10 bucks to buy a gallon of gas?

Fortunately, we did just get a bit of good news that should provide some temporary relief
Unfortunately, this isn’t really going to change the trajectory of where we are heading.
In fact, one energy expert says that this is essentially just a symbolic gesture
What we really need are long-term solutions, and there aren’t any on the horizon.
And the truth is that we aren’t just facing an oil crisis. At this stage, the balance between supply and demand has reached a crisis point for all traditional forms of energy simultaneously
~Snip~
Speaking of shortages, the baby formula shortage in the United States is now worse than ever
In case you didn’t get the point of what The Biden administration made a really big deal out of the fact that they were flying in baby formula from Europe, but once again that turned out to mostly be a symbolic gesture. He was saying, “large supply gaps” is a politically correct way of saying “widespread shortages”.


Commentary:
The Biden administration is claiming that this inflation, high gas prices, supply chain shortages and now the Baby Formula shortage. Soon we will be facing basic food shortages because truckers cannot afford to buy fuel for their trucks.
I am a product of the Depression and I remember the shortages that were occurring then but it was not as bad as this imposed Economic Collapse created and designed by the Progressive Maoist/DSA Democrats have given us.
None of what is happening is just "happenstance".
This could all be ended in a few short months if Biden and his cabal would change their position and do everything that is necessary to ensure the free flow of fuel, fertilizer, and food.
Regretfully, Biden and his PM/DSA Democrat Commie co-conspirators can be stopped this coming November. Yet the damage they have created will take years to heal. Unless they are stopped this coming decade is going to dwarf the Great Depression created by Roosevelt. For the same basic reason. Roosevelt was an economics idiot. He let all kinds of crazies set policy, and we know what happened. Biden the same, only worse.
WWII is what brought America out of the Depression, Democrats are making sure that war will not interfere with their destruction of America.

The article doesn’t blame just Biden but it is America ourselves with policies both parties passed through Congress and the Presidents signed. Just as it was not Bush’s fault and a culmination of events, this is not Biden’s fault. Biden was really stupid and took credit from the bounce back of the pandemic and now he painted himself into a corner, but he had nothing to do with the upswing in 2021 and nothing other signing huge spending bills that Congress passed.
 
The article doesn’t blame just Biden but it is America ourselves with policies both parties passed through Congress and the Presidents signed. Just as it was not Bush’s fault and a culmination of events, this is not Biden’s fault. Biden was really stupid and took credit from the bounce back of the pandemic and now he painted himself into a corner, but he had nothing to do with the upswing in 2021 and nothing other signing huge spending bills that Congress passed.
Inflation is a global problem
 
Inflation is a global problem
Right and it is caused by governments handing out trillions during a pandemic. The US, the largest economy in the world hand out over $4 trillion in a year, that causes inflation. Not the fault of one man but by our government has overspent for decades and as many have said, we cannot sustain such overspending. The politicians take the low, easy re-election route and handout cash.
 
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It was bad but not this bad. Worst Inflation since Peanut head was in office...........Guess you missed that part huh.

2008 was the gov't bailing out those who did it to us. And didn't need to be bailed out. They just went to the back door of the fed borrowed more and paid back TARP that was a smoke screen to make it seem how AWFULL it was for the bitches who screwed us.
Didn't inflation reach its peak at 10% to 11% in the early years of Reagan?

By the end of Reagan, inflation was all but forgotten?
 
We should wait until Biden is out of office to see what he will be most remembered for.
After all he still has time to say "Hold my ice cream cone, and watch this"
 
The US, the largest economy in the world hand out over $4 trillion in a year, that causes inflation. Not the fault of one man but by our government has overspent for decades and as many have said, we cannot sustain such overspending. The politicians take the low, easy re-election route and handout cash.

And yet even the OP is blaming it 100% on Biden.
 
yet you did not reply to him telling him how wrong he was, you choose to respond to someone not of your tribe.

I wonder why that is
Post 43 I responded to him by saying it isn’t just Biden. What did you take that to mean?
 

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