Old Johnny Cash song...
Posted on 05/09/2023 5:28:13 AM PDT by Kaiser8408a
Biden’s approval ratings are terrible. Okay, Biden is the worst President in history, weak, can’t speak coherently and is letting chaos reign on the southern border. But from a consumer standpoint, he and crazy spending Congress have helped make America simply unaffordable for miillions.
Once again, Biden’s obsession with foolish green energy, Congress using Covid to spend trillions, then the green energy subsidy Act (aka, Inflation Reduction Act) where Biden and Congress agreed to make massive payoffs to big donors (the donor class). All this resulted in 40 year highs in inflation leading The Federal Reserve to raise interest rates to combat inflation.
For autos, the interest rate on an auto purchase has soared to it highest level since 2008. And car prices at up 19% under Biden’s Reign of Error.
And when we consider that US Real Average Weekly Earnings growth continues to be negative under Unaffordable Joe.
Housing? At least home price growth is slowing and even negative in some cities. But housing is still unaffordable for millions of Americans.
The housing situation will only get worse as Title 42 expires and millions of illegal immigrants invade the US. Texas Governor Abbot should ship all of them to Wilmington Delaware, home of Unaffordable Joe Biden. Let him suffer for once from his own folly.
Food? Don’t get me started. The Commodity Research Bureau is up 44% under Unaffordable Joe.
Okay, Biden is a useful idiot for BIG banks, BIG Pharma, BIG tech, BIG defense, and BIG government. He is popular with the 1% and people who watch “The View.” But many of the 99% are suffering under Unafforable Joe.
(Excerpt) Read more at confoundedinterest.net ...
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Americans are lovin’ it! Thanks Jo Jo. We all can’t wait until we’re all completely “woke broke.”
Mentioned was unaffordable rates on car loans. You can’t find an affordable used car, even one you might be able to pay cash for. In fact, I heard one person say that in certain circumstances a used car could even cost MORE than a new one. Most dealers will tell you that years ago they ruined the used car market with the “cash for clunkers” program” & I certainly believe it. Soon we could likely have a situation where used EVs will cost more to fix than anybody will pay, thereby rendering them useless on a car lot. Thanks, Joe Biden!
Arrest, conviction & long jail terms is not enough for these people. They need more than that to go with jail terms for such folks;something they will remember well after they have served their time.
That ridiculous press secretary was talking up Biden’s triumphal action w/r/t airline treatment of passengers.
Who can afford to fly? Tough enough for people to get gas in the tank these days.
I refinanced my house on the last business day before Biden stole the white house.
Rates have more than tripled since then.
Kaiser8408a :" Biden, Pelosi and Schumer have helped destroy the US."
(from the article):" Once again, Biden’s obsession with foolish green energy, Congress using Covid to spend trillions, then the green energy subsidy Act
(aka, Inflation Reduction Act) where Biden and Congress agreed to make massive payoffs to big donors (the donor class).
All this resulted in 40 year highs in inflation leading The Federal Reserve to raise interest rates to combat inflation."
For autos, the interest rate on an auto purchase has soared to it highest level since 2008.
And car prices at up 19% under Biden’s Reign of Error."
"And when we consider that US Real Average Weekly Earnings growth continues to be negative under Unaffordable Joe."
"Housing? At least home price growth is slowing and even negative in some cities.
But housing is still unaffordable for millions of Americans.
"The housing situation will only get worse as Title 42 expires and millions of illegal immigrants invade the US.
Texas Governor Abbot should ship all of them to Wilmington Delaware, home of Unaffordable Joe Biden.
Let him suffer for once from his own folly."
"Food? Don’t get me started. The Commodity Research Bureau is up 44% under Unaffordable Joe."
(My Comment): Taco Tuesday is meant for family financial survival
Prince spaghetti day is always on a Wednesday
Friday is generally fish sticks as fillets are already too expensive
Weekends are family fare with cook-outs and weekends at the park, or camping, if you can afford the gas
Camping always reminds me of what possibly being "homeless", but at least I have a place to live.
Meanwhile the _resdient lives it up large, and tells us to 'suck it up, ..buttercup'
pelosi and schumer were the vanguard, propagandizing Covid as a reason to eliminate walk in voting thus allowing the thievery via mail in ballots, coupled with commie sycophant governors and judges, giving the basement babbler the white house.
It’s a really weird time to try to buy a car.
And if the recent EPA regs that were announced a couple weeks ago are allowed to stand, it isn’t getting much better.
I have a good job, now, but it pays less than the old one, so I’ll be tight on money, anyway. I’m planning on making a withdrawal from a 401(k). Fortunately, I turned 55 the year I lost the associated job in 2022, so I shouldn’t have to pay that awful 10% tax on the money. LGB an’ all that.
Good to know that you are “prospering” TSR. Please stay in touch.
Be VERY careful raiding your 401(k)!
DW and I did that a few years ago, and still regret it!
Get some professional advice before you raid your savings!
I’m in ‘Hunker Down Mode’ much as I was under 0bama. I’m spending as little as possible; I refuse to put any $ back into this destroyed-on-purpose economy.
That said, I DID buy a truck - private sale - for cash.
Our Propane bill DOUBLED to $1,600.00 this past heating season. I also cook/bake with propane.
We are using all recycled materials to remodel the barn for raising more meat animals and chickens, but we did spend about $800 on cement, but that was a local company.
I’m not traveling. I drive to run errands once a week. I’m not eating at restaurants, I’m not shopping, I’m not going to concerts or to the movies, save the 1-2 times I get together with my BFFs through the year.
Cooking from scratch, growing another HUGE garden this season; canning and all that entails. Raising a meat steer and buying a butchered hog from the neighbor.
FY, Brandon. Screw You, Socialists. How I loathe you all - and that includes our current crop of FECKLESS, LAZY and COMPLICIT ‘republicans.’
Very smart! Mine is paid off, but I would’ve done the same.
I’m expecting at some point in the next 10 years, 3D printers that print with metal will improve enough that a trend will start of people printing their own cars. It’ll be interesting to see how that impacts the market.
“FY, Brandon. Screw You, Socialists. How I loathe you all - and that includes our current crop of FECKLESS, LAZY and COMPLICIT ‘republicans.’”
Well said, Diana!
Taxman Bravo Zulu!
I’m aware of the possibilities. I will pay estimated tax on it to avoid penalties, and I will make sure I can still roll it over or contribute to it afterward — knuckleheads sometimes won’t allow you to contribute again for up to a few years.
Old Johnny Cash song...
Just be careful, my FRiend!
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