President Joe Biden - Kamala Harris Administration

#39,501
#39,501
tim said:
Sure, paychecks going down with everything else jumping 8 points is about a 10% swing. How much unaccounted for income do you have? I agree paycheck to paycheck is not a real measurement. When people stop paying electric, phone, home bills to eat, then they will appreciate “paycheck to paycheck..
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No it's 1.9% from a year ago like I quoted.
 
#39,508
#39,508
utvolpj said:
from the article


Also it appears it didn't take much to cause a jump. Not like this should be surprising for those whose situation changed
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One day people might figure out that inflation and market speculation driving costs of commodities like fuels are economy killers, but I doubt it. Too much thought about individuals getting ahead without positively adding to civilization. We weaponized things like unions and stock and commodities markets by turning them away from the intended purpose to economic destroyers - and believe that the ensuing inflation is a normal thing.
 
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#39,510
#39,510
utvolpj said:
from the article:
Of those earning more than six figures, 47% reported living paycheck to paycheck, a jump from the previous month’s 43%.
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So 47% of those earning a $million or more a year are living paycheck to paycheck. Poor babies.
Per the article, Americans can't defer gratification to build savings and are fiscally basically a nation of four year olds.
 
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#39,513
#39,513
November inflation report marks 12 straight months of year-over-year inflation of at least 7%, which is way too high for a healthy economy. Additionally, November was the 19th consecutive month where inflation rose at least 5% year-over-year.
Christmas will cost Americans a fortune. Inflation is plaguing Americans despite our idiot president Biden who claims the issue is under control. What a moron the left elected to Office.

Joe Biden is the Grinch in Disguise This Christmas
 
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#39,521
#39,521
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#39,522
#39,522
C-south said:
According to el everything is booming and Joe is “crushing it”. I figured these headlines would be about companies giving raises and hiring more people, I guess the reality is the effects of the recession and inflation is starting to take even more of a hold and the morons in charge are acting like their doing good s***.
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Considering the fed itself revised down a quarter's worth of jobs numbers Dark Brandon and his band of merry morons use to show economic growth by 100x...
 
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#39,523
#39,523
C-south said:
According to el everything is booming and Joe is “crushing it”. I figured these headlines would be about companies giving raises and hiring more people, I guess the reality is the effects of the recession and inflation is starting to take even more of a hold and the morons in charge are acting like their doing good s***.
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Things are great. The official POTUS Twitter even says so.
 
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