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Friday, July 02, 2021

Biden's Misery Index hits 10.79

The government reported unemployment rose to 5.9% in May, which pushed the Misery Index to 10.79 thanks to rising inflation and stagnant unemployment. Bidenomics is the culprit.

Under President Donald John Trump, unemployment was low and inflation even lower. On February 29, 2020, the Misery Index stood at 5.83. Then covid hit and people lost their jobs. We went from 3.5% unemployment to 14.7% in just two months. That was unprecedented. The Misery Index hit 15.13.

But Donald Trump was a capitalist and not a Senate lifer like Biden. President Trump fixed unemployment, bringing it down faster than any president before him. He left his successor a Misery Index of 7.7.

Biden took that recovery and turned it into stagflation.

But Josef Biden claims inflation is a thing of the past.

The New York Post reported, "The White House social media team set off some fireworks it didn’t want Thursday when it attempted to counter inflation fears by claiming Americans will enjoy cheaper Independence Day parties this year.

"'Planning a cookout this year?' the groan-worthy tweet began. 'Ketchup on the news. According to the Farm Bureau, the cost of a 4th of July BBQ is down from last year. It’s a fact you must-hear(d). Hot dog, the Biden economic plan is working. And that’s something we can all relish.'

"The tweet was accompanied by a GIF laying out the price change for select food items. Among them: the cost of two pounds of ground beef is down 8% on last year, the price of a pound of sliced cheese and a 13-ounce bag of potato chips are both down 1%, and the cost of a half-gallon of vanilla ice cream is down 5% from 2020.

"The savings for the whole meal: 16 cents."

The puns don't bother me.

The lies do.

I do not know where these A-holes buy their groceries, but it certainly isn't at Poca Food Fair. I know. I do the shopping.

Corporate media cheered today's employment report. Fox reported, "US economy adds 850,000 jobs in June as unemployment rate ticks higher."

The problem is 9 million  job openings go unfilled because Biden continues to subsidize unemployment by giving those collecting unemployment a bonus.

The bonus was necessary a year ago when there were no jobs. But today the bonus encourages unemployment, stunts economic growth, and fuels inflation.

This is a trifecta of misery for Chairman Xi who sits halfway across the world gloating at our pandemic panic and attempted economic suicide.

Biden's economic catastrophe is not his only disaster. Along with stagflation, the 1970s brought a rise in crime.

The New York Post reported, "Americans are giving President Biden dismal ratings on his handling of rising crime, a new poll found.

"The ABC News/Washington Post poll released Friday morning revealed that just 38 percent of Americans approve of the 46th commander-in-chief’s response to recent crime spikes nationwide.

"On the other side, 48 percent said they disapproved."

While conservatives mock this as Welcome Back Carter and That '70s Show, the reality is it took two decades to recover from Carternomics and the high crime that came with it. Many a retiree suffered, and many a black teenager died due to Carter's bungling.

24 comments:

  1. but, but, but...our callipygous First Lady is a "goddess" in stiletto heels according to Vogue and her idiot husband is only taking questions about "happy things" so there's that at least. SMDH

    ReplyDelete
    Replies
    1. Vogue is blind.

      Delete
    2. We are seeing a hostile takeover of America by democrat terrorists and their master plan is horiffic
      .,.Look at this video ASAP!!!'

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  2. Niman Ranch Fearless Franks went up 40 cents in price since The Steal.

    ReplyDelete
  3. Is it possible that Biden and Harris are not the only dummies in the administration?? This has to be the most hapless administration in recent history…

    ReplyDelete
    Replies
    1. One of Biden's famous quotes is "he's the smartest guy I know", referring to his son, Hunter. I wouldn't be too surprised is Joe brings him into the administration to fix the nation's problems.

      Delete
  4. Is it possible that Biden and Harris are not the only dummies in the administration?? This has to be the most hapless administration in recent history…

    ReplyDelete
  5. Is it possible that Biden and Harris are not the only dummies in the administration?? This has to be the most hapless administration in recent history…

    ReplyDelete
  6. The recovery from our present crime wave is much more difficult than in the 1990s. Then when you were arrested you stayed in jail or had high bail back then. Today, as in NY, the law allows release with no bail, so the guy that was arrested for jumping the turnstile and thus never did the armed robbery or rape, now can do the crime the next day.

    ReplyDelete
    Replies
    1. Unless you are a Trump supporter and then you get indefinite solitary confinement for trespassing.

      Delete
  7. Ah–these statistics are from the Farm Bureau--of Investigation. That explains it.

    “According to our analysis, the same hot dog from last year is now Racist(tm). And stale.”

    ReplyDelete
  8. I just flat out call BULLSHITE on that propaganda, Big D. (I do the shopping also.)

    ReplyDelete
  9. Don says:

    “While conservatives mock this as Welcome Back Carter and That '70s Show, the reality is it took two decades to recover from Carternomics and the high crime that came with it. Many a retiree suffered, and many a black teenager died due to Carter's bungling.”

    The “reality” Don is if Americans cared about their country and their future they would not allowed Brain-Dead Demented Biden* to steal the election.

    At this point Don, you should be unretired and working full-time training Republicans how to “ballot-harvest.”

    Practice what you preach…Big Guy.

    ReplyDelete
    Replies
    1. Big D’s doin his part, thanks very much. GOYA and do YOURS.

      Delete
  10. Picked up a three pack of baby back ribs today. They have consistently ran $28-35. Well, thanks Joey, $46 was the price today. Go grab the Ho-bag in "F"-Me pumps and YOU and her, go take a long walk off a short pier...I apologize for such language Surber, but at least I'm not selling anything...Go Lightning ⚡

    ReplyDelete
    Replies
    1. And did they mention the cost of fuel to get to the stores??? Go Lightning ⚡

      Delete
  11. And did I mention the piece of shit announcers act like Dems and treat the Lightning like Trump skaters? Go Lightning ⚡

    ReplyDelete
  12. Goebbels would be proud of our media.
    Fuel prices are lower than during Obamunism, but compared to MAGA days, well this is starting to look a lot like Venezuela.

    ReplyDelete
  13. It seems like a long time ago but I dimly recall that we were not allowed to have 4th of July BBQs last year. We could riot but not picnic.

    ReplyDelete
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  15. We are seeing a hostile takeover of America by democrat terrorists and their master plan is horiffic
    .,.Look at this video ASAP!!!'

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