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Bidenflation

The Crumbling Of The Economy Accelerates – Is It Any Wonder?

Why do corporations genuflect to the left wing screaming porkers?  Many of them have experienced a significant amount of lost business after their announcements of this new policy.  No reasonable director would vote to reduce his sales by 50%.  The answer is the Wall Street set again.  Many of these firms want to borrow significant amounts of money for various reasons during the year.  The banks have begun requiring the ESG formula to be a ruling factor regarding their loan portfolios. If the corporations wish to receive a loan, they have to accept these conditions. This is the latest attempt for total domination of the society. 

Knucklehead Of The Week: After Mar-a-Lago Raid, Entire GOP Has Trump’s Back, With One Exception… Chris Christie

When Chris Christie was a presidential candidate in 2016 – and he was a lousy candidate, by the way – he got clobbered by Rubio during a debate and was later manhandled by Trump. Once elected, Trump extended Christie an olive branch by conferring with him after the election to discuss Cabinet picks. But Christie was never selected, and apparently, he got his feelings hurt. And that is the only rational explanation one can deduce in figuring out his bizarre support of President Joe Biden’s raid.

The ‘Inflation Reduction Act’ Is Anything But

So, what’s the Democrat plan to stimulate the economy? Contrarians that they are, now that we’re in a recession the Dems are going to get the economy humming along by … taking more money from taxpayers. They’re using reverse WWDD (what would Donald do?) logic. Whatever the Donald would do, they will do the opposite – because if you haven’t noticed, they don’t like the man. We’re not talking about a trivial tax increase either.

Biden Administration Can Lie All They Want – Americans Have Their Own Economic Indicator

In this week’s installment of “how big of a lie can we sell to the American people” the Biden team and their propaganda ministry are redefining what a recession is. The threshold for declaring a recession has historically been accepted as two consecutive quarters in which the gross domestic product (GDP) has declined. Our GDP declined 1.6 percent in the 1st quarter and .9 percent in the 2nd quarter. Normally that would meet the criteria for a few bad news cycles.

Dems Try To Take A Bow For July Jobs Report, But Should They? Was This News Good Or Bad?

It is good for the economy, in general, when more people work.  It is bad, however, for the quality of life and for society, in general, when our senior citizens become WalMart greeters, and our mothers leave their children to their own devices because they must work to feed the family, fill the gas tank, heat or cool their home, and pay for health, car, and homeowner insurance.

What Do The Facts Show? The Data Behind Manchin and Schumer’s “Inflation Reduction Act” Contradict The Name

Depending on the level of productivity of the “investments,” which will be poor at best, and the growth of government – instead of subtracting the two numbers (in the table above) from each other, more realistically, they should be added together as more budget-busting economic effects on the American people. Another trillion dollar boondoggle from Congressional politicians.

Reality Bites: Team Biden In Denial As Economy Officially Enters Recession

Biden’s Commerce Secretary Gina Raimondo has been singing a similar tune while playing the semantics game. And President Joe Biden himself joined in the fun on Monday, stating, “We’re not going to be in a recession. My hope is we go from this rapid growth to a steady growth.” Got that? Not only are we not in a recession, we’re in a period of “rapid growth.” Fantasy is much more appealing than facts if you’re a Democrat.

The Democratic Party And How To Avoid A Recession… Why Didn’t We Think Of This Before?

For those of us who bothered to study Macroeconomics 101 in school, you needn’t have bothered. In our first week of the class, we learned that two successive quarters of negative GDP growth meant we were in a recession. But that’s not true, don’t you know. In fact, if you got that question wrong on an exam, we suggest you contact that professor and ask for your grade to be changed. It turns out that, especially in an election year, the definition of a “recession” is whatever the hell Joe Biden and Janet Yellen say it is.

Still Think ‘The Great Reset’ Is Nothing But A Conspiracy Theory? These Facts Say Otherwise

When we look at GDP growth over the past few decades, it has been fairly linear (the black line below). Some falsely believe debt has been growing at the same rate as GDP. However, when looking at debt creation, it has been exponential. In other words, trendline debt growth keeps getting steeper and steeper over time (the red trendlines below), creating the exponential arc pattern from horizontal to vertical.

You’re Being Lied To! The Truth About Bidenflation And Its Consequences

In many ways, an inflation wage depression that may be coming is worst than a normal recession/depression. A recession has a recovery phase – a wage depression is systemic and can be more permanent. Though you may have a job, your standard of living will change to the point it will force changes in your life. “You will own nothing, and you will be happy.”

What’s Next? An Ordinary Recession Might Be The Best We Can Hope For

Remember, markets are forward-looking to what might happen 6 to 18 months into the future. Most of the Fed’s rate hikes are already priced into the markets. The market is already thinking that the induced recession caused by the rate hikes will force the Fed to only lower them to fight the evident recession they created. More free money is coming – fuel for the markets. This is what the markets are digesting now.

[Video] We Know What Bidenflation Feels Like, But What Does It Look Like? It’s Not Pretty

Inflation has been brutal on the price of everything. It’s the not-so-hidden tax on Americans and usually the result of meddling from high up the political food chain. If you need a visual of the pain, here’s a video of a graph that shows inflation in real terms. It compares these items to the price of things from January 2020 and plots the prices up to June of 2022.

Are The Biden Regime’s Days Are Numbered? Let Us Count The Ways

You can’t overstate the havoc that we’ll have to live with in the months ahead, short of blowing up the whole joint, one can hope. And it will happen just as a gigantic set of pretenses to a New Order of things rolls out to thumping failure. Forget about central bank digital currencies. Don’t believe that the very people who have severed the relationship between actual capital and money can just magically conjure a new order of money that they propose to control and you don’t.

Are Food Riots On The Way? Global Food Prices Are Highest Since The Eisenhower Administration

Is a coming food crisis coming? Well, our elite overlords seem to think so. UN Secretary-General António Guterres said the war in Ukraine has added to the disruptions caused by climate change, the COVID-19 pandemic, and inequality to produce an “unprecedented global hunger crisis” already affecting hundreds of millions of people. Former Trump Deputy National Security Adviser KT McFarland says a major food shortage is coming in the next few months.

Americans’ Economic Pain is Clearly Not Biden’s ‘Emergency,’ But it Should Be

Now Biden has declared a climate emergency.  He figures that he can force U.S. manufacturers and oil producers to produce more, which will force prices to drop.  He figures he can open our markets to foreign Green Energy products which will drop prices further.  Tariffs that protect our domestic producers, forget them in the effort to get more Green energy products here cheaper, and sooner.

Dems Adamantly Opposed Lowering Or Eliminating The Gas Tax, But Now They Love The Idea?

It has to make Maggie “I vote with Biden 98% of the Time” Hassan happy and unhappy. When she proposed that gimmick, her press sold it as bucking her party, but that ship sailed, took on water, and sank. Almost everyone inside the beltway with a (D) after their name feels a bit like a deer staring down the headlights of an onrushing November election. If a gimmick keeps them from gasping for their last political breath in a rhetorical ditch on November 9th, they’ll embrace it.

Oh, Irony! Buttigieg Is Angry That Employees Aren’t Coming To Work At Airlines

But in addition to the other, aforementioned factors driving America’s labor shortage, including the wage-price-spiral, we also have this undeniable reality: Biden, Buttigieg, and the Democrats embrace laziness. They think it’s great when folks get to sit on their ass. Unemployment benefits? Sure, stay out as long as you need. You’re running out of money? Don’t sweat it, here’s a check.

It’s Not Complicated… A Crude Reason for High Gas Prices

During his campaign, the current pretender to the office of President promised to completely eliminate fossil fuel use in the US.  Acting on the thoroughly debunked theory that CO2 from fossil fuel use was causing the climate to change in catastrophic ways, this pretender to the office has issued several Executive Orders that have taken large steps toward fulfilling his promise. 

The Biden Economy… “It’s Not Going To [Bleep] Be Okay”

America is sitting on more oil reserves than any other nation in the world, and all of what we now endure has been so unnecessary, except for the fact this is what Red Joe and the Democratic Party Communists insisted we must do. They insisted on shutting down fossil fuels for some fantasy Green Utopia that no one will ever see in this lifetime, supposedly to make us “energy independent”, as they have selectively forgotten we were energy independent under President Trump’s administration.

The Fed and Bidenflation: A Clownish President Carrying On A Long-Standing, Tyrannical Tradition

The Federal Reserve Bank Act of 1913 has its’ roots in the blackmail of Woody Wilson.  He and members of congress were bribed or blackmailed into the support of the entirely new financial system for our country used to benefit Wall Street.  The purported idea was to eliminate large swings or “panics” in the economy.  The Fed was actually designed to make sure the banks survived their incompetence and greed. 

With His Administration Utterly Collapsing, A Question: How Low Can Biden Go?

The airline industry reels with a sucking chest wound due to a pilot shortage (thanks to vaxx mandates) and the high cost of jet fuel. The trucking industry’s business model is also broken with diesel fuel over six dollars a gallon — the cost of delivery exceeds the value of the cargo. America runs on trucks and if they stop running, so does everything else.

[Watch] How Bad Is It For Biden And Democrats? Even CNN Is Clobbering Them

No, the reason why CNN and others are starting to report accurately on the dumpster fire known as the Biden Administration is not that they’ve seen the light and are now practicing journalistic integrity, it’s because they see the writing on the wall. They recognize that their cronies in government are going to lose power if they keep their wagon hitched to Biden.

Electric Cars And Bidenflation: Get Ready… Your Electricity Bill Is About To Double

That means your electric rates will need to be adjusted upward again, and no, it’s not Putin’s fault you could be paying three to five times or more than you do now to charge that electric vehicle they insist you’ll have to drive. To cook, use lights and appliances, and even heat or cool your home. Those costs are all going up exponentially thanks to the Democrat’s war on fossil fuels.