Biden presidency disasters
CNN summarized the key Biden disaster pretty well
US inflation means families are spending $709 more per month than two years ago
That’s $8400 more per year. People making $60k haven’t seen the wages go up to compensate so people are going broke or deeper in debt.
US inflation has had a snowballing effect on family budgets.
amp.cnn.com
Inflation reaching 9% under Biden term. How was the Inflation Reduction Act going to lower inflation? I would love to hear your explanation on that. Heck, even Biden admitted it wasn’t designed to lower inflation….which is all you need to know from Joe.
Inflation Rate in the United States increased to 2.60 percent in October from 2.40 percent in September of 2024. This page provides - United States Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.
tradingeconomics.com
5.5MM illegal immigrants have crossed illegally during Biden’s term. These illegal immigrants are choking state and local budgets, but I’m sure you don’t care. Because you don’t know why Biden’s presidency is a disaster.
/PRNewswire/ -- The Federation for American Immigration Reform issued the following statement, as well as a deeper dive into FY 2022 border numbers, based on...
www.prnewswire.com
Gas prices….your idiot president spreads lies on what the price was and CNN calls him out
Biden's claim that the most common gas price when he took office was more than $5 isn't even close to true. The most common price for a gallon of regular gas on the day he was inaugurated, January 20, 2021, was $2.39,
President Joe Biden has made another false claim about gas prices.
amp.cnn.com
Impact of inflation
The federal budget deficit is expected to balloon to about $2 trillion for fiscal year 2023, roughly double what it was in the previous fiscal year, according to a government watchdog group.
amp.cnn.com
Spending on Social Security benefits jumped 11%, mainly because of
a hefty annual cost of living adjustment stemming from a spike in inflation and because more people have joined the entitlement program as the Baby Boomers age.
Medicare outlays increased 18% because of changes in payment rates and in the types and amount of care beneficiaries received, the CBO said. And federal spending on Medicaid rose 6% because of a surge in enrollment due to a
now-expired congressional provision that
barred states from terminating recipients during the coronavirus public health emergency.
In addition, spending on education, defense and veterans’ health care services all increased.
Even more notable, spending on
interest on the public debt skyrocketed 34%, mainly because interest rates are much higher than they were in the first 10 months of fiscal 2022.
I would go on but I’m pretty sure you have stopped reading….