Showing posts with label Bidenomics. Show all posts
Showing posts with label Bidenomics. Show all posts

Thursday, April 11, 2024

Biden pays the price for causing runaway inflation as Americans are buried in bills

Article Title: Biden pays the price for causing runaway inflation as Americans are buried in bills
Snippet of Article: "...Is the Democratic Party incurably out of touch? On MSNBC Wednesday morning, Rep. Jim Clyburn (D-SC), who delivered black primary voters and secured Biden the Democratic presidential nomination in 2020, was gushing praise for Biden and denouncing complaints about inflation as “disinformation” from social media.

The host interrupted him to announce the report of the higher inflation number.

At a brief press conference Wednesday, Biden boasted the inflation rate isn’t as bad as earlier in his presidency.

Biden vindicated himself by falsely claiming “inflation was skyrocketing” when he took office in early 2021. Actually, the rate was 1.4% — less than a third of the current 4.8% annualized rate based on last month’s data. ..."


Source: nypost.com

[tag] Democrat Rule Failures, [/tag]

Wednesday, April 10, 2024

March 2024 CPI Report: Inflation Comes In Hot, Dashing Hopes for Fed Rate Cuts

Article Title: CPI Report: Inflation Comes In Hot, Dashing Hopes for Fed Rate Cuts
Snippet of Article: "The consumer price index climbed 3.5% year over year in March, according to data released today by the Bureau of Labor Statistics, faster than February's 3.2% pace. Economists surveyed by FactSet had expected an annual increase of 3.4%. The strong pace was driven by upticks in the cost of housing and gasoline. Core inflation came in at 3.8% year over year in March..."


Source: www.barrons.com

[tag] Why does inflation always rise under the Democrat Party rule, Bidenomics, [/tag]

Thursday, April 4, 2024

What To Expect From March’s CPI Inflation Report | Not Good Again

Article Title: What To Expect From March’s CPI Inflation Report
Snippet of Article: "...The CPI report for March 2024 will be released by the Bureau of Labor Statistics on April 10 at 8:30 a.m. ET. As of February’s CPI report, annual inflation is 3.2%, or 3.8% excluding food and energy. That data compares with the FOMC’s annual inflation target of 2%.

Nowcasts currently suggest March inflation data will come in at 0.34% for CPI and closer to 0.25% for PCE. Stripping out food and energy prices, the corresponding nowcasts are currently 0.31% and 0.23%, respectively. These inflation nowcasts are modeled by the Federal Reserve Bank..."


Source: www.forbes.com

[tag] March 2024 CPI, Bidenomics,Inflation,The Biden Years,Destruction of Retirees, [/tag]

Monday, February 19, 2024

Inflation | Oil Prices Soar

Article Title: Oil prices are rising despite a rough start to 2024
Snippet of Article: "...Oil's bumpy start in 2024 has turned into a steady climb in recent weeks, with futures for West Texas Intermediate (CL=F) and Brent (BZ=F) up more than 9% and 7% year to date, respectively.Oil's bumpy start in 2024 has turned into a steady climb in recent weeks, with futures for West Texas Intermediate (CL=F) and Brent (BZ=F) up more than 9% and 7% year to date, respectively. On Friday, WTI traded above $78 per barrel while Brent hovered above $83 per barrel, both on pace for their fourth weekly gain out of the past five. ..."


Source: finance.yahoo.com

[tag] Inflation [/tag]

Wednesday, December 6, 2023

Job openings slide to 8.7 million in October, well below estimate, to lowest level since March 2021

Article Title: Job openings slide to 8.7 million in October, well below estimate, to lowest level since March 2021
Snippet of Article: "...Job openings tumbled in October to their lowest in nearly 2½ years, a sign that the historically tight labor market could be loosening. Employment openings totaled 8.73 million for the month, a decline of 617,000, the Labor Department reported Tuesday. The number was well below the 9.4 million estimate..."


Source: www.energyexch.com

[tag] U.S. Job Openings October 2023, The Biden Years, Jobs,Employment,Biden Legacy,Bidenomics, [/tag]

Tuesday, November 28, 2023

Bidenomics | US new home sales fall more than expected in October

Article Title: US new home sales fall more than expected in October
Snippet of Article: "...New home sales dropped 5.6% to a seasonally adjusted annual rate of 679,000 units last month, the Commerce Department said on Monday. September’s sales pace was revised lower to 719,000 units from the previously reported 759,000 units. ..."


Source: www.oann.com

[tag] Bidenomics,Home Sales (The Biden Years),American economy,30-year fixed-rate mortgage Oct. 2023,Root Causes of Inflation,Mortgage Rates Under Biden, [/tag]

Bidenomics | Biden slammed for bragging he is bringing prices down - even though they are UP since he entered office

Article Title: Biden slammed for bragging he is bringing prices down - even though they are UP since he entered office
Snippet of Article: "FACT: Since Biden took office, airfare is up 21%, Thanksgiving dinner was up 25%, and gas prices are $0.86/gallon higher ...Inflation may have slowed and some prices may have dropped since last year, but most prices are still higher than they were before the pandemic. ...inflation raced out of control because of Biden's stimulus spending."


Source: www.dailymail.co.uk

[tag] Destruction of Retirees,destruction of the working class,Destruction of America,Destruction of U.S. Eldery,Bidenomics,Biden Legacy,Inflation, [/tag]

Tuesday, October 31, 2023

Biden Influence on Inflation | Owning a New Car Out of Reach for U.S. Working Class After Huge Union Pay Increases,

Article Title: Biden speaks with UAW head after tentative deals struck with Big Three
Snippet of Article: "The agreement, which must still be approved by union members, would include a 25 percent general pay increase over the course of a four-year contract, increased retirement benefits and more paid leave. “I applaud the UAW and the leaders of the automobile companies for agreeing that all the workers on strike and all of those who were walking the picket lines on behalf of their UAW brothers and sisters can go back to work immediately, even before the vote is taken,” Biden said. ..."


Source: www.valleycentral.com

[tag] Bidenomics,Bankrupting of America,destruction of the working class,Destruction of Retirees, Destruction of Middle Class,Biden Legacy, [/tag]

Thursday, September 14, 2023

Bidenomics | West Texas Intermediate crude (WTI) Hits $90 a Barrel

Article Title:
Snippet of Article: "...Oil prices jumped on Thursday, with U.S. crude topping $90 a barrel, as expectations of a tighter supply grew. West Texas Intermediate crude (WTI) gained 1.6% to reach a high of $90.04 per barrel, touching its highest level since November 2022. Brent crude was up 1.5%, at $93.23, reaching a 10-month high. ..."


Source: twitter.com

[tag] Biden Energy Prices,Bidenomics,Biden Legacy,West Texas Intermediate crude (WTI),Root Causes of Inflation,Inflation,Biden Admins Attack om U.S. Oil Industry,Destruction of America, [/tag]

Tuesday, September 5, 2023

Biden Admin Continues Attempts To Increase Fuel Prices For America

Article Title: Biden admin quietly reverses Trump-era rule, bans transporting fossil fuels by train
Snippet of Article: "The Biden administration quietly rescinded a Trump-era regulation allowing companies to transport liquefied natural gas (LNG) via rail in a victory for environmental groups. ... "


Source: www.foxnews.com

[tag] Bidenomics,Biden Admin Fails,Biden Legacy,Destruction of American Independence, Inflation, Fuel Costs Under Biden Admin (2023) , liquefied natural gas (LNG), [/tag]

Thursday, August 31, 2023

Biden Inflation Watch 2023 | The Average Cost of Homeowners Insurance in August 2023

Article Title: The Average Cost of Homeowners Insurance in August 2023
Snippet of Article: "The average annual cost of homeowners insurance in the United States is $2,417.10. Home insurance premiums can vary widely by city, state and ZIP code, so be sure to check the average cost in your area. ..."


Source: www.marketwatch.com

[tag] Average Cost of Homeowners Insurance in August 2023 [/tag]

What is the average rent in the U.S.? Shrinking apartmet sizes

Article Title: What is the average rent in the U.S.?
Snippet of Article: "The average rent for an apartment in the U.S. is $1,702. The cost of rent varies depending on several factors, including location, size, and quality. ...The average apartment size in the U.S. is 897 square feet..."


Source: www.rentcafe.com

[tag] Average rent in the U.S. (August 2023),Bidenomics,Biden Legacy,Inflation 2023, [/tag]

Average transaction price of a new car in December of last year reached $49,507

Article Title: What Does the Average New Car Cost Now?
Snippet of Article: "...According to Kelley Blue Book, the average transaction price of a new car in December of last year reached $49,507..."


Source: www.autolist.com

[tag] Average New Car Transaction Price (Dec. 2022),Inflation,Destruction of America,Bidenomics,Biden Legacy, [/tag]

Mortgage rates climbed to the highest levels in more than two decades

Article Title: Mortgage rates climbed to the highest levels in more than two decades
Snippet of Article: "...Homebuyers’ purchasing power diminished further in August as mortgage rates continued their upward march, averaging 7.2% over the week ending on Thursday, the highest level since 2001, according to newly released data by Freddie Mac. Mortgage rates climbed to the highest levels in more than two decades the week before, averaging 7.09%. ..."


Source: www.usatoday.com

[tag] Mortgage rates [/tag]

Bidenomics | Labor Day weekend gas prices are near all-time highs

Article Title: Labor Day weekend gas prices are near all-time highs
Snippet of Article: "The record-high for gas prices during the week leading up to Labor Day was set in 2012 at $3.84 a gallon, according to a CNN review of federal data that goes back to 1990. Current prices are just shy of that. The national average for regular gas ticked up to $3.83 a gallon on Wednesday, according to AAA. ...“This is abnormal. Prices normally fade towards the end of the summer,” said John LaForge, head of real asset strategy at the Wells Fargo Investment Institute. Eleven states across the country average $4 a gallon or more, according to AAA. ..."


Source: wsvn.com

[tag] Bidenomics,Gas Prices,Inflation 2023, [/tag]

Monday, August 14, 2023

Layoffs 2023

Article Title: A comprehensive list of 2023 tech layoffs
Snippet of Article: "techwide reckoning continues. In 2023, layoffs have yet again cost tens of thousands of tech workers their jobs; this time, the workforce reductions have been driven by the biggest names in tech like Google, Amazon, Microsoft, Yahoo, Meta and Zoom. Startups, too, have announced cuts across all sectors, from crypto to enterprise SaaS. ..."


Source:

[tag] U.S. Layoff Watch, Bidenomics, Biden Legacy, Biden's China-Friendly Policies, [/tag]

Thursday, August 10, 2023

Bidenomics | Inflation Rises to 3.2%

Article Title: Bidenomics | Inflation Rises to 3.2%
Snippet of Article: "...boosted by costlier housing. But excluding volatile food and energy prices...The July inflation figure remained far below last year’s peak of 9.1%...Gasoline prices have surged nearly 30 cents over the past month"


Source: www.newsmax.com

[tag] Bidenomics,Inflation 2023,Energy Prices, [/tag]

Monday, August 7, 2023

Gas prices hit 2023 high as oil prices spur concerns of inflation uptick

Article Title: Gas prices hit 2023 high as oil prices spur concerns of inflation uptick
Snippet of Article: "The national average for a gallon of gas sat at $3.82, up $0.29 from one month ago, according to AAA. Gasoline's upward price movement is largely due to US crude prices rallying 15% in July. West Texas Intermediate (CL=F) currently hovers above $81 per barrel. ..."


Source: yahoo.com

[tag] Bidenomics, Inflation 2023,Inflation, [/tag]