albertk

BIRDMAN

That’s easy Democrats

BIRDMAN

H

dtucker300 Loc: Vista, CA

Do you favor giving student loan bailouts to those who have student debt?

The economy is collapsing and President Biden refuses to take responsibility instead he eats ice cream. Biden worries about nothing while families struggle with fuel prices that are 40% higher. Democrats broke the economy and lit the fuse on inflation. Fuel shortages are eminent while food becomes more scarce. Yet Democrats blame corporate greed and the war in Ukraine as the reason for this as if there wasn’t a war in Afghanistan or corporate greed during the Trump years when the country was energy dominant.

Biden, Sanders, etc, are the Marxist idiots responsible for the economic mess we now have.

https://nypost.com/2022/10/16/joe-biden-insists-us-economy-is-strong-as-hell-as-he-munches-an-ice-cream-cone/

https://rumble.com/v1o8o2i-bernie-sanders-dems-spending-didnt-contribute-to-inflation.html?mref=ah9c7&mc=cfcoh

FallenOak Loc: St George Utah

Melchizedek is listed in the Bible as receiving a tithe (10%) from Abraham. A flat tax of 10% is easy to compute and would not be overly hard for any person to pay. Perhaps if it were on all goods sold rather than on earnings would be an easier way to collect.

FallenOak Loc: St George Utah

Last one over the wall would have no one footing the ladder for his so he should get two votes.

Gatsby

A flat tax on "all goods sold" would bust every farmer in America.

Except the few "subsistence farmers".

Sonny Magoo Loc: Where pot pie is boiled in a kettle

All because of the PLANDEMIC.
YOU lockdown imbeciles are responsible for the economic woes of the world.
..and it is all part of the plan. Destroy the capitalist system of each nation as to bring about one world of rich elites/ consumer slaves.
FOOLS! BLIND GUIDES!
WAKE UP AMERICA 🇺🇸, your death is on the doorstep.

FallenOak Loc: St George Utah

Family farms are in the last throes of death. Growing up I was acquainted with many of the friends of my parents. Many were farmers. My grandparent were farmers. They moved from Nebraska to California and farmed both places. I read a letter from a Nebraska friend of my grandmother who moved from Nebraska to Oklahoma to farm and lost all in the 1930's. Weather, not financial problems caused the failure.
In America today farmland is being purchased by very wealthy individuals or investment groups. Family farming is dead in America.

permafrost Loc: Minnesota

THe most destructive blow to the family farm was the policy, "freedom to farm" unacted in the 80s.. tariffs put on ag products by the former administration also were a dire blow..

Wonttakeitanymore

Delusional trump hatin zombie! What had ur fraudulent president done besides creat a new word salad daily

FallenOak Loc: St George Utah

That was a fast change in the weather.

The Monsoons came last month. Lots of rain in 20 or 30 minutes. Like someone dumped a bucket on you. Still a drought though. I wonder how much silt is at the bottom of Lakes Hoover and Powell. The reserve of water must be less because of that. Farms loose water because cities take water allotments from farms. Seems stupid to me.

Last week for a couple of days school was closed. Weather was good. It was Early General Deer Season for rifle. I thought of that when I saw the kids in your picture going to school.

Bad Bob Loc: Virginia

Kicked trump's lying fat ass.

77Reaganite Loc: Athens, GA, United States

You can tax the rich at 100% and it would only fund the government for 3 months and where you going to get the rest of that money from since they're already paying most of the taxes the top 1% pay 70% of all the taxes in America people at the bottom of the tax bracket pay no taxes!

dtucker300 Loc: Vista, CA

The rest of the money will come from retirement accounts if they can get their hands on it before it all disappears.

Trillions of dollars vanish in retirement accounts, courtesy Biden's economy
'The average family in America has lost nearly $6,000 in purchasing power'
By Bob Unruh
Published October 17, 2022 at 5:39pm



Joe Biden's extreme agenda regarding the economy – killing American energy production and move into reliance on enemy states, condemning gasoline-powered vehicles in favor of ultra-expensive battery cars, and more, has cost Americans trillions of dollars.

That's trillions of dollars that used to be in their retirement accounts and now – is gone.

It's all tied to the crashing American stock market under Biden's agenda.

TRENDING: Where U.S. and Ukrainian war aims collide

Under President Reagan, that market was up 25%, under George H.W. Bush 50%, under Bill Clinton 75%, and it fell under George W. Bush, 13%, largely because of the cataclysmic 911 tragedy.

Under Barack Obama it was up 83% in eight years. Donald Trump was en route to a better performance, up 67% in just four years.

Under Joe Biden, it's fallen.

Actually collapsed, according to a commentary from Stephen Moore and E.J. Antoni.

They reveal, in the New York Post, that the average American has lost $34,000 under Biden.

That's certainly a small amount for the Biden family business operations, with their millions and millions of dollars in income from various overseas sources, but for families on a salary with a mortgage and college bills, it's a lot.

The Post commentary said, "Have you taken a peek at the balance in your 401(k) retirement accounts lately? Here’s our advice: Don’t bother. It will ruin your whole day, week and month. Here’s why: We’ve now had seven straight months of 8%+ inflation. A year ago we were assured by the White House economic wizards that these rapid price increases in everything from groceries, to rental cars, to gasoline at the pump, to health insurance were merely 'transitory.' Whoops."

The report explained the most immediate shock for American families was that inflation has eaten away much of the buying power of a paycheck.

"We have calculated that over the past 20 months, this rise in consumer prices over wages means that the average family in America has lost nearly $6,000 in purchasing power. This from the Lunch Bucket Joe president who promised to help boost the incomes of the middle class. When, exactly?"

But that's not the only impact.

"Not surprisingly, since President Biden took office, monthly savings have collapsed, falling 83%. (We could never understand how Biden could say with a straight face that Americans are saving more. His 'transformation' of the U.S. economy has had just the opposite effect.) Many millions of Americans who are living paycheck to paycheck just don’t have the money after paying the inflated bills to save much."

"Tie it all together and we calculate that since the start of this year, 401(k) plans have suffered $2.1 trillion in losses. The average 401(k) plan had over $135,000 at the start of this year. Today, those assets have shrunk on average to about $101,000," the analysis confirmed.

For those doing better, and perhaps in possession of a 401(k) plan worth $300,000? They have lost $75,000, so far.

Traditional pension plans' value also is down some $4 trillion from the beginning of the year.

The report warned, "A year ago, the White House insultingly tweeted out that inflation is merely 'a high-class problem.' Wrong. The victims of ever higher prices at the store and the gas pump are not the millionaires, but the little guys — and, in particular, older Americans — whose paychecks and savings accounts get walloped."