So my wife gets into a minor exchange on Facebook the other day with a person who couldn’t understand how and why people think the economy is doing poorly. My wife tried to explain the price of basic necessities, including gas, etc. The woman wasn’t having it..

The woman wrote back with this completely fabricated (i.e. total lie) chart showing the price of gas this time of year for the previous years. And her chart showed that gas prices now are just about the same as they were under Trump and Obama.

I nearly fell on the floor with disbelief that someone could be that dumb misinformed!

Last night I had a few minutes on my hands so I decided to look up the price of gas since 2016 (Obama’s last year in office). Here is the real gas price chart…

Folks…people are either blithering idiots or have been dramatically drawn into some fantasy world when it comes to the economy. And people are utterly delusional if they think that Biden’s economy is doing well. There is NOTHING about the economy that is doing well…NOTHING!

And worse yet…these folks are willing to outright lie about it.

And then this dingbat misinformed woman tried talking unemployment rate being so much lower under Biden…sheer stupidity!

• In Feb 2020 (right before COVID hit – to be fair) unemployment, according to BLS, was 3.5%
• In Apr 2024 unemployment, according to BLS, was 3.9%
• Unemployment is up 12% under Biden!

Let’s look at people actually working (labor force participation rate):

• February 2020, the LFP rate was 63.3% (just before COVID hit – again, to be fair)
• April 2024, the LFP rate was 62.7% (latest figures under Biden)
• 1% fewer Americans working under Biden…(ah, that’s nearly a million less people working).

According to the US CPI:

• Overall inflation under Biden 5.7%
• Overall inflation under Trump 1.9%
• Inflation is 200% worse under Biden

For housing market…here are the objective and results between 2019 & 2024…Bidenomics:

• The average home price increased by 44.6%.
• The down payment required increased by 46%
• The 30-year mortgage rate increased by 87%
• The amount required to be financed increased by 44%
• The monthly payment increased by 88%
• The total amount repaid over the life of the mortgage increased by 88%
• The income required (industry standard calculation) increased by 44%
• Income increase lags behind the increase in home prices by 80%
• In 2019 your house payment was 20% of your monthly income. In 2024 your house payment is now 36% of your monthly income.
• Buying a house in 2024 means you are paying back over $380,000 more dollars than the same average American house in 2019.

Yes! You read that right…the average mortgage payment for the average home in the US under Biden is more than a $1,000 per month greater than when Trump left office!!!!!

Under Biden:

• US government debt at historic high.
• US corporate debt at historic high.
• US credit card debt at historic high.
• US personal debt at historic high.

And it just goes on and on and on and on…

Don’t get suckered into these idiot’s, criminal’s, thieves’, liar’s, manipulator’s weird delusional fantasy world. Know the facts and prepare to deal with them.

Related Articles –

• SitRep – 5/31/2024 (Economy)
• So how’s the economy really doing??? AMAZING!!
• The Economy is booming…REALLY?????
• Economy Manipulated ? ?

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