Bidenflation - Page 7

Sen. Elizabeth Warren (D-MA) is setting her focus on “big corporations” rather than Democrat policies as Americans grapple with 41-year high inflation and experience two consecutive quarters of negative economic growth.

Wages and salaries are up by a record amount. Unfortunately, the cost of living is rising even faster.

More bad news on inflation.

The Biden administration and establishment media are trying to “gaslight people about the economic slowdown,” Florida Gov. Ron DeSantis (R) said on Thursday following the latest dire economic report, showing the U.S. Gross Domestic Product (GDP) shrinking by 0.9 percent in the second quarter.

Democrats and establishment media outlets were mocked across social media on Thursday for attempting to redefine “recession,” as many pointed out that the far left has done the same with other words — such as “woman” — frequently redefining words to better suit their own political purposes.

Just four percent of Americans say the U.S. economy is in “excellent” shape, a recent poll from TheEconomist/YouGov found. 

“This is Joe Biden’s recession,” the Republican National Committee (RNC) said on Thursday following the negative economic report, showing the U.S. economy contracting by 0.9 percent in the second quarter.

A second consecutive quarter of contraction.

The Fed pushed rates higher again in an effort to tame four-decade high inflation.

There’s no doubt that the Federal Reserve is going to raise its interest rate target at the end of tomorrow’s meeting of the Federal Open Market Committee. What we do not know is how much they will raise.

When inflation increases the cost of necessities like food and energy, it draws spending away from other parts of the economy. This dynamic – often referred to as the “inflation tax” – is now expected to take a big bite out of Walmart’s earnings.

We do not need permission from economic eggheads to declare this a terrible economy.

Former President Donald Trump highlighted the “stark” economic contrast between his administration’s “amazing success” and President Joe Biden’s “breathtaking failure” while speaking at the Save America rally in Prescott Valley, Arizona, Friday night.

G.K. Chesterton once said that he owed his success to having listened respectfully to the very best advice, and then doing the exact opposite.

Everything is so expensive no one can afford to buy anything anymore.

Seventy-one percent of middle-class Americans say they are reducing spending at restaurants because of high prices.

It increasingly looks like it may take a recession to tame inflation—a recession that may already be underway.

Trump-endorsed Ohio U.S. Senate candidate J.D. Vance (R) slammed Biden’s 2020 surrogate and Ohio U.S. Senate candidate Rep. Tim Ryan (D-OH) for helping the president “decimate” the economy instead of rebuilding it.

Bank of America now sees a recession as likely and necessary to bring inflation back down to tolerable levels.

Will Biden try to blame inflation in pots, pans, bedding, kitchen furniture, appliances, toilet paper, house plants, dishes, and even garbage collection on greed and Putin?

The average weekly wages for working men and women are down 3.9 percent after inflation.

Bidenflation has prices rising at the fastest pace in decades.

Summer heat has not brought any relief from the worst inflation since 1981.

Inflation has become a drag on real sales as high gasoline and grocery prices force families to cut back on purchases of other goods and services.

President Joe Biden’s average approval rating crashed to an all-time personal low on Sunday as it dwindled to an abysmal 37.7 percent, according to RealClearPolitics.

Much higher than the 250,000 jobs expected.

Among white women without a college degree, 83% say inflation is very important.

U.S. central bankers hiked their plans to raise interest rates quickly in June when CPI inflation and consumer expectations for price increases both came in higher than expected.

Price growth remains elevated in the services sector even while new orders have gone into contraction.

A much bigger than expected increase in May.

An overwhelming majority (94 percent) of Americans say that the “issue of inflation/prices” is important to them, with 74 percent responding it’s “very important” while 20 percent say it is “somewhat important” to them, according to a recent Economist/YouGov poll. 

The price hike on U.S. Postal Service (USPS) postage products is set to kick in next week as the country grapples with soaring inflation.

Due to inflation, 2022 is turning out to be the worst year for the S&P 500 since 1872, according to the chief investment strategist at Bank of America Securities.

We have put to rest the first half of 2022, and we cannot say we’ll miss it.

Good luck shopping for your Fourth of July cookout!

If corporate greed was responsible for the inflationary price hikes, we would see corporate profits soaring as inflation rose to 40-year highs this year. Instead, corporate profits fell in the first three months of this year.