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Biden’s ‘Accomplishments’ So Far: A Troubling Tale In 8 Charts

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  • Biden’s ‘Accomplishments’ So Far: A Troubling Tale In 8 Charts

    Biden’s ‘Accomplishments’ So Far: A Troubling Tale In 8 Charts


    Screenshot

    Months after President Joe Biden supposedly “rescued” the country from the COVID-19 pandemic and promised that he’d bring the country together, how is the nation doing? Well, there are several indicators on the rise. Unfortunately, they are all indicators of trouble.

    The news Thursday that the GDP gained 6.5% in the second quarter (the first full quarter since Biden signed his American Rescue Plan) is good. But it is well below economists’ forecasts. The Blue Chip Consensus forecast was above 9%, and other surveys pegged Q2 growth at 8.5%. It was also just barely above the gain in Q1 — which was before any of Biden’s policies had taken effect.

    Still, other things are on the rise under Biden, too, many of them well above expectations.

    The misery index is up, for example, so is inflation, pessimism, and financial stress. Illegal border crossings are up and murders are way up. Oh, and cases of COVID-19 — the disease Biden said he would slay — are increasing again.

    Naturally, while taking credit for the good GDP number, the Biden administration is trying to pin the blame for all these other things on President Donald Trump. But how convincing can that be, when Biden ostentatiously broke with just about every one of Trump’s policies and did so in ways that had an immediate effect?

    We’ve put together seven charts that help tell this story, starting with the inflation rate.

    Even liberal economists were warning that Biden’s spending spree — coming after two historically large stimulus bills under Trump and long after the COVID recession had ended — would set off an inflation spiral. And what do you know? Energy costs, food costs, and the costs of most everything else are climbing at a rapid clip, despite promises from Biden that the current spike is transitory.


    Then the 8 charts (linked) are...
    1. Monthly Inflation up
    2. Misery Index up
    3. Stress Index up
    4. Pessimism Index up
    5. Real Wages down
    6. Increase in Murders and Aggravated Assault
    7. Border Apprehensions*
    8. New COVID Cases (per million people)

    *while we see groups of HUNDREDS walking across the Rio Grande every day
    The first to state his case seems right until another comes and cross-examines him.

  • #2
    In Biden's defense, the inflation is the federal reserve printing trillions of money out of thin air. Though he did facilitate it with his Great Reset spending agenda, but the printing started in 2019. In fact, price inflation usually takes a year or two to catch up, so we haven't even seen the tip of the iceberg. And the FR is still printing as we speak and not letting up.
    "I was the CIA director. We lied, we cheated, we stole, it was like... we had entire training courses. It reminds you of the glory of the American experiment." - Mike Pompeo, Secretary of State (source).

    Comment


    • #3
      Originally posted by Cow Poke View Post
      Biden’s ‘Accomplishments’ So Far: A Troubling Tale In 8 Charts


      Screenshot

      Months after President Joe Biden supposedly “rescued” the country from the COVID-19 pandemic and promised that he’d bring the country together, how is the nation doing? Well, there are several indicators on the rise. Unfortunately, they are all indicators of trouble.

      The news Thursday that the GDP gained 6.5% in the second quarter (the first full quarter since Biden signed his American Rescue Plan) is good. But it is well below economists’ forecasts. The Blue Chip Consensus forecast was above 9%, and other surveys pegged Q2 growth at 8.5%. It was also just barely above the gain in Q1 — which was before any of Biden’s policies had taken effect.

      Still, other things are on the rise under Biden, too, many of them well above expectations.

      The misery index is up, for example, so is inflation, pessimism, and financial stress. Illegal border crossings are up and murders are way up. Oh, and cases of COVID-19 — the disease Biden said he would slay — are increasing again.

      Naturally, while taking credit for the good GDP number, the Biden administration is trying to pin the blame for all these other things on President Donald Trump. But how convincing can that be, when Biden ostentatiously broke with just about every one of Trump’s policies and did so in ways that had an immediate effect?

      We’ve put together seven charts that help tell this story, starting with the inflation rate.

      Even liberal economists were warning that Biden’s spending spree — coming after two historically large stimulus bills under Trump and long after the COVID recession had ended — would set off an inflation spiral. And what do you know? Energy costs, food costs, and the costs of most everything else are climbing at a rapid clip, despite promises from Biden that the current spike is transitory.


      Then the 8 charts (linked) are...
      1. Monthly Inflation up
      2. Misery Index up
      3. Stress Index up
      4. Pessimism Index up
      5. Real Wages down
      6. Increase in Murders and Aggravated Assault
      7. Border Apprehensions*
      8. New COVID Cases (per million people)

      *while we see groups of HUNDREDS walking across the Rio Grande every day
      I was reading about how the Misery Index has gone up each and every month old Joe has been office -- something that goes unreported except maybe by business/financial-based news sites. A recent Lexis-Nexis search revealed that the rising Misery Index got zero coverage from the Big 3's (ABC, CBS and NBC) news broadcasts between February 1st to July 16th.



      I'm always still in trouble again

      "You're by far the worst poster on TWeb" and "TWeb's biggest liar" --starlight (the guy who says Stalin was a right-winger)
      "Overall I would rate the withdrawal from Afghanistan as by far the best thing Biden's done" --Starlight
      "Of course, human life begins at fertilization that’s not the argument." --Tassman

      Comment


      • #4
        Originally posted by seanD View Post
        In Biden's defense, the inflation is the federal reserve printing trillions of money out of thin air. Though he did facilitate it with his Great Reset spending agenda, but the printing started in 2019. In fact, price inflation usually takes a year or two to catch up, so we haven't even seen the tip of the iceberg. And the FR is still printing as we speak and not letting up.
        And the left assures us that inflation is just temporary and the best way to deal with it is ... to print and spend more money!

        The AOC skool of eekumnomikz

        I'm always still in trouble again

        "You're by far the worst poster on TWeb" and "TWeb's biggest liar" --starlight (the guy who says Stalin was a right-winger)
        "Overall I would rate the withdrawal from Afghanistan as by far the best thing Biden's done" --Starlight
        "Of course, human life begins at fertilization that’s not the argument." --Tassman

        Comment


        • #5
          Originally posted by rogue06 View Post
          And the left assures us that inflation is just temporary and the best way to deal with it is ... to print and spend more money!

          The AOC skool of eekumnomikz
          In her defense, the lie that the Fed is propagating is that the inflation is transitory. Of course they have to say this so as not to cause the markets and folks to panic. So, naturally, the idiot Dems would be the dupes to buy into that lie.
          "I was the CIA director. We lied, we cheated, we stole, it was like... we had entire training courses. It reminds you of the glory of the American experiment." - Mike Pompeo, Secretary of State (source).

          Comment


          • #6
            Originally posted by rogue06 View Post
            And the left assures us that inflation is just temporary and the best way to deal with it is ... to print and spend more money!

            The AOC skool of eekumnomikz
            She must have learned that from Little Justin. When he first ran for PM in 2014, he claimed that "the budget will balance itself".



            Securely anchored to the Rock amid every storm of trial, testing or tribulation.

            Comment


            • #7
              Originally posted by rogue06 View Post
              And the left assures us that inflation is just temporary and the best way to deal with it is ... to print and spend more money!
              Or they claim that it's a natural part of a recovering economy and that eventually we'll all get generous raises to offset the rising prices.
              Some may call me foolish, and some may call me odd
              But I'd rather be a fool in the eyes of man
              Than a fool in the eyes of God


              From "Fools Gold" by Petra

              Comment


              • #8
                Originally posted by Mountain Man View Post

                Or they claim that it's a natural part of a recovering economy and that eventually we'll all get generous raises to offset the rising prices.
                Well they gotta make sure all those new $15/hour folks still can't afford anything like food or rent, right?

                Comment

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