This is from a friend of a Facebook friend. I know all of you (except for me) have nice six-figure incomes and seven-figure portfolios, but most of America doesn't. This is his post, which I believe reflects how most of us live...and maybe think.
I can only speak for my wife and myself. What the Biden years has done to us has been devastating. Between his and his administration’s leftist views and actions in reference to just the economy alone has created a financial disaster for us. We have had to utilize our savings just to make it possible to keep up with our monthly expenses. Never in my almost 70 years of existence have I ever had to live paycheck to paycheck. Between the ridiculous price increases in the cost of our utility bills, the cost of gasoline, and the unbelievable cost of food, we are cutting back so much that I’ve had to postpone doctors appointments and cut back on picking up my much needed medications. It feels sometimes like we’re falling deeper in a black hole and there is no life line to pull ourselves out. We pray that Trump is elected and restores our economy and brings some sanity to the way our country is being run!
like a bug bite. to the middle class and lower it is a sucker punch.
as for who is the best Presidential candidate for the working class....just listen to a leader of that class...
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Someone made that up.
Putting aside for a moment whether any of it was Biden’s fault - it wasn’t - costs did not rise enough to push people into complete penury. So I’m calling bullshit.
And I laughed when I read that Trump will fix it all. Sure he will!
You're only looking at one part of one variable, food, in a multivariate problem.
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Whatever you do, don't ask the people who correctly predicted it. They're kooks and conspiracy nuts!
Above you're arguing that it is driven by corporate greed, that's probably a part, but a small one.
run and pivot to an ad hominem or something entirely different instead of back up your BS with data.
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Good gosh, get a grip. It's just someone making a personal observation on Facebook.
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This is not recent behavior.
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I remember thinking early in the stages of inflation that I wasn't seeing anything that serious, but all of a sudden, it was noticeable, in a big way.
I just bought a fried chicken sandwich, small fries, and small drink at a local chain, it was $18. I was stunned by that price. Granted, some of the bigger national chains haven't gone up as much. I guess they have economies of scale. But, this was a local restaurant, and they have to be facing major increases in their supply chain to be asking that much for that amount of food.
Obviously, someone living paycheck to paycheck shouldn't be buying fast food (at least not at local restaurants). They should be buying at the grocery store, and eating at home...grocery stores have also suddenly increased prices after trying to hold the line during much of the early talk on inflation.
And I am confident in saying that a 15% or so rise in food prices has not caused anyone to “postpone doctors appointments,” especially people clearly on Medicare.
That guy does not exist.
If the guy is married and assuming he has a supplemental Plan G it easily runs $600/month plus the Plan D for prescriptions and any vision/dental….
But you are too much of an elitist to recognize what the average person is facing
him a shopping expert, don't ya know
And I am confident in saying that a 15% or so rise in food prices has not caused anyone to “postpone doctors appointments,” especially people clearly on Medicare.
That guy does not exist.
occurred...here's an excerpt from the attached article...
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The current high inflation rate can be attributed to many different factors, many of which are a result of the Covid-19 pandemic.
Gapen pins rising prices on three general causes — increases in household demand and supply-chain shortages due to the pandemic, the war in Ukraine and the presence of a strong labor market.
Generally, the story goes something like this: At the start of the pandemic, consumers began spending less because of lockdowns, and in turn, started saving more. Then, when Covid-19 restrictions eased, people started spending more again. Companies, however, couldn’t keep up with this increased consumer demand — many of them had reduced production because of the pandemic and experienced shipping delays as well as shortages in labor and key inputs.
The result of all these things? Higher prices for most goods and services.
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None of this was in any way due to anything Joe Biden did...you can put that concern to rest and focus on the fact that the GOP and Trump passed a $2T tax break in 2017 that was not directed at people such as yourself...plus they have fought against Minimum Wage increases as well as fair compensation for workers...e.g. the recent UAW wage gains after Biden stood with the workers while Trump vocally and visibly sided with managements that had granted themselves huge raises...but nothing for the people who actually produced the profits.
A vote for Trump is a vote against YOUR interests when it comes to economics...and a lot of other issues as well.
Link: https://www.cnbc.com/select/why-is-inflation-so-high/
unreliable solar and wind power onto NYers while closing nuclear power plants and not building new pipelines. It may seem like I'm lying, but to heat an 1800 sq ft home with ductless HVAC will run you a $1,000 a month. This is by design because they want you to purchase a $40,000 solar power system instead. All because someone thinks they can control the temperature of the world with these products. No one on a fixed income can afford to live in NY anymore. My mother-in-law downsized to a 650 sq ft apartment and has to watch every penny. The people who run the state and our country obviously don't give a shiit about us and are insane.
to build them again as if they were never year and it takes a lot to build them. He says don't sell your oil rich land if you have any because they will have to drill again.
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Are YOU telling us you had a 6 figure job under Trump and lost it all under Biden? If you're struggling get another job or change careers, but good Lord stop blaming the government for your financial issues.
BTW what happened to the down turn the economy was supposed to take last year? Does it hurt every time Rs say the Ds going to ruin the economy and it ends up performing metrics wise better than when Rs are in office? Spare me the "feeling" of the economy reaction. Yes inflation is higher, but so is corporate greed. Maybe tell your FB friend to start to lobby against the corporate CEO's making money hand over fist during these economic "bad times"!
don't insult other posters
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So by the author's thoughts, if Biden caused inflation in the whole world (he did not) by his policies, shouldn't also get accolades for coming down?
Look at the numbers in the article.
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