MicroGroks
In his State of the Union address, President Joe Biden claimed US inflation is a result of price-gouging by corporate bogeymen. Recent statistics suggest other causes, some of which will likely persist through this election year – and the president’s narrative is not likely to hold up as rents, wages, and taxes rise, all increases …
Inflation Nation: Will America’s Economic Woes Worsen in 2024? Read More »
Americans are witnessing frighteningly high rates of inflation—gasoline prices have increased by 10 cents a day lately, it seems. Interest rates are rising and set to continue shooting up, compounding home affordability hampered by a seismic spike in home and land prices.
Rumor has it that mindless Joe Biden’s State of the Union speech will include a new deflection from his complicity in the shitshow that is the American economy. The guy who swore to end fossil fuels (no matter what…it would do to the economy) appears ready to blame greed for what ails us.
White House Press Secretary Karine Jean-Pierre recently blamed Russian President Vladimir Putin for inflation in the US. Much like blaming the border crisis on Republicans despite years of Trump wrangling to “Build That Wall,” this effort to project American inflation onto Putin’s shoulders rings hollow.
In spite of all MAGA resistance, Joe Biden continues to cancel student debt in spite of the fact that the United States Supreme Court ruled that Joe Biden could not forgive student loans. Biden continues to find the money to bribe students and buy millions of votes. Joe Biden is shameless in securing one of …
Maybe it’s me. Perhaps we have first to define great. From Joe Biden down to Sandy Cortez, the entire left tries their damndest to convince the country the economy is booming, and we ignorant people of the land don’t understand it.
A meme recently raised eyebrows by comparing the cost of groceries purchased for twenty dollars in 1990’s Home Alone movie by child actor Macaulay Culkin with what that basket of goods would cost today. US food inflation has spiked in recent years, exacerbated by the COVID pandemic and substantial federal spending.
President Biden recently repeated the claim that high prices are caused by greedy businesses. Biden is not alone in trying to gaslight the people into thinking price inflation is rooted in the actions of private individuals and not the fiat money system Americans have lived under since 1971.
CBS News recently reported that inflation under Biden has cost the average American family over $11 thousand per year. Rest assured, that figure is understated because it is based on “government data.” The tweet below links to the CBS article.
