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Bidenomics: Americans Need Extra $11,400 To Afford The BASICS

AP Photo/Jacquelyn Martin

After being told the economy is great (given the Biden admin's begging companies to lower prices, it isn't), this refreshingly honest bit of reporting from CBS News throws a wrench into the gaslighting the administration's been doing:

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An extra $11,000 dollars. Insane.

CBS writes:


Such figures underscore the financial squeeze many families continue to face even as the the rate of U.S. inflation recedes and the economy by many measures remains strong, with the jobless rate at a two-decade low.

Even so, many Americans say they aren't feeling those gains, and this fall more people reported struggling financially than they did prior to the pandemic, according to CBS News polling. Inflation is the main reason Americans express pessimism about economy despite its bright points, which also include stronger wage gains in recent years.

Average hourly pay for workers has increased robust 13.6% since January 2021, although that lags the 17% increase in inflation during the same period, according to government data. The main categories requiring heavier spending for consumers simply to tread water: food, transportation, housing and energy, which together account for almost 80 cents of every $1 in additional spending, according to the analysis from Republican members of the U.S. Senate Joint Economic Committee.

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Given how much water the media carries for the White House, this was a surprisingly fair, and honest piece. One that does not bode well for Biden.

They're the ones responsible.

The article even says inflation is up 17% since January 2021. 

Remember what happened in January 2021? Who took control of the Oval Office?

Like a charm.

Disrupting the economy for months on end was a very, very bad idea. And Biden's policies haven't made things better.

Totally weird.

Which is why they're so desperate to lie and gaslight us about it.

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Good question. We thought everything was just fine.

Because no matter how much the White House lectures us on things being peachy, the reality is very different for most Americans.

You can't reconcile the two, and people will believe what they're experiencing and not what they're being told.

In any other relationship, we would consider this abusive. And it is. The government is abusing us for not believing their lies.

A perfect metaphor if we ever saw one.

Dear God, don't give them any ideas.

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Yes it does. Our wallets > fancy graphs. Every time.

We almost got whiplash from the 180-degree turn the administration did.

Thanks for the laugh. We needed it. As well as $11,000.

***

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