ABC News financial contributor Alexis Christoforous breaks down the latest inflation report as President Biden calls inflation his “top domestic priority.”
#ABCNews #Biden #Inflation #Economy
Original source (ABC/Youtube)
ABC News financial contributor Alexis Christoforous breaks down the latest inflation report as President Biden calls inflation his “top domestic priority.”
#ABCNews #Biden #Inflation #Economy
Original source (ABC/Youtube)
This administration is the number one problem we have.
THANK YOU Joe for doing your best to destroy the lives of hard working Americans with your stupidity and ego. Just won't let that oil pipeline flow will you Joe?
The real enemy is Biden’s administration
No the number one problem facing America is this jackass Joe biden. Inflation, high gas prices, and open border, rampant crime, and now we can't even get baby formula. Shame on anyone who voted for this incompetent jackass
THINK ABOUT THIS MY FELLOW AMERICANS!!!
The Federal Reserve isn’t even really “federal”. It’s a privately run bank, although its head is appointed by the President. Although the Fed is required to periodically meet with Congress, it is one of the most, if not THE most secretive organization in our country. It has been said that Congress is more aware of what the CIA does then the Fed.
The Constitution says (many don’t know this) that:“The Congress shall have Power to coin money, and regulate the value thereof.” (So technically, our Fed today IS unconstitutional) Thomas Jefferson worried that if a monopoly power to control the currency was placed in the hands of a private organization, this would give them power to influence elections, it would open up the US to foreign interests, and it would create economic instability. Thomas Jefferson had seen this happen with the Bank of England across the sea.
WHY DO YOU THINK "THEY" HAVE ENTERTAINMENT INDUSTRIES, SPORTS, DIVISIVE POLITICS CREATING TRIBALISM.
KEEP PEOPLE DISTRACTED AND FIGHTING AGAINST ONE ANOTHER. THEY DON'T WANT UNITY.
“The evil was not in bread and circuses, per se, but in the willingness of the people to sell their rights as free men for full
bellies and the excitement of the games which would serve to distract them from the other human hungers which bread
and circuses can never appease.”
-Decimus Junius Juvenalis
And people who are paying attention rightly blame him for it.
The situation in America is getting really, really bad. And the American people need to wake up to it! The democrats have used a clever tools against all Americans. This tool was to use turn us against each other as political parties. Right down to destroying families, friends, even towns states businesses. And they have done it because we have become blind to what they are really doing behind the curtain. Our babies do not have formula. "HOWEVER" homeland security under the Biden administration has supplied very large vast amounts of baby formula to the illegal immigrants coming into this country. The Biden administration has known about this crisis for well over a month or more but did NOTHING TO BENEFIT OUR CHILDREN. GAVE FORMULA THAT SHOULD HAVE WENT TO AMERICANS FIRST TO ILLEGALS CHARGING OUR BORDER WITH NO RESPECT FOR OUR LAWS. Now Biden continues to blame this Is inflation on everything but where this blame belongs, on Biden and his administration. But he will not take the responsibility himself. 1st he blamed it on Trump. Then he blamed it on covid,
then he blamed it on Putin. People wake up! I personally do not care if you're a Democrat, I do not care if you're a Republican, I do not care if you're independent. YOU NEED TO WAKE UP to what is going on in this country! Stop caring if your party is in the lead! That is not what this is about. OUR COUNTRY IS GOING DOWNHILL QUICKLY. And you're sitting here cheering on which political party is in the lead? WHAT THE F*K is wrong with you people??? Are you people out there this pathetic? This petty that you would allow your country to fall just to keep your political party in office no matter what the cost. No matter who suffers over the demise of our great, beautiful amazing country? Please people, you need to sort out your priorities. And who's political party is in office right now should not be your priority. It should be what is the current political party is doing to/for the country that you, your children, your grandchildren, and generations to come will suffer and pay for. The Biden administration is destroying America! And I don't care if they were Republican doing it, I would be still attacking them for it as well. And you as Americans should be attacking them for it. This is your country. Common sense dictates when it is gone there will be no getting it back! There'll be no place for us to run to for protection. So good people out there need to wake the h** up! Stop being stupid, stop fighting each other, look at the facts. Get rid of this current administration now before there is no chance of recovery.
Sweet as sugar hard as ice u hurt me once I'll __ll u twice 🤡
Don't delete this for the forth time boo boo
40 billion reasons why it will get worst
Last week he said MAGA was the number one problem, wonder what it will be next week.
Hilarious, I thought leaving America's southern border open was his top priority?
Bout ducking time
Thanks Joe for letting us know that …..BRAIN DEAD
The number one problem is Joe Biden
The ruble has become the best among the world's largest currencies in strengthening against the dollar, Bloomberg calculated. Now it costs 11% more than at the beginning of the year.
In early March, Joe Biden promised to destroy the Russian economy and boasted about the depreciation of the ruble, but now the ruble is worth more than on the day the troops entered Ukraine, and the economic situation in the United States continues to deteriorate. Before the start of the special military operation, 1 dollar cost 81.04 rubles, now 1 dollar costs 63.3 rubles. During this time, the ruble has appreciated by 22%.
The GDP of the United States in the first quarter of this year collapsed by 1.4%, while inflation reached a record 8.5%. Such high inflation was in the US for the last time back in 1981. The US trade deficit in March amounted to $109.8 billion against 89.8 billion a month ago. The pace of deficit expansion is unprecedented.
In Russia, economic growth in the first quarter of this year amounted to 3.7%. RF budget revenue increased by a third (30.4%), which led to a budget surplus of 2,417 billion rubles, which is 3.6 times higher than last year's surplus. And that's just for the quarter.
In short, Biden brought down the wrong economy.
The Fed, the Bank of England and Switzerland created and financed Hitler and the Third Reich to kill the USSR. And at the Nuremberg trials, the ex-president of the Reichsbank and the Minister of Economics of Nazi Germany, Hjalmar Schacht, suggested that, for the sake of justice, those who nurtured the Third Reich should be put on trial, while mentioning the American corporations General Motors and Ford, as well as the personal manager of the Bank of England Norman Montague. More details about this are written in the book by Professor of Political Economy at the University of Washington Preparat Guido Giacomo "Hitler, inc. How Britain and the United States created the Third Reich."
The Anglo-Saxons became the root cause and organizers of the bloodiest war in history. Is history repeating itself now? The Anglo-Saxons nurtured and finance neo-Nazi organizations in Ukraine that kill civilians in Ukraine. Only two countries voted against the UN resolution against the glorification of Nazism: the United States and Ukraine.
For example, the American site Antiwar in its article "Partnering With Neo-Nazis in Ukraine: An Inconvenient History" wrote that the United States is cooperating with Ukrainian neo-Nazis in the war against Russia. The history of this cooperation goes back many years.
Member of the House of Representatives from Georgia Marjorie Taylor Green said that since the Obama days, Democrats have been funding Ukrainian neo-Nazis.
Although the United States is the largest economy in the world, it still does not have free medicine and higher education. More than 20% of American adults have difficulty writing, and some can't even read a newspaper, ABC reported. It would be possible to send money from the budget to solve these issues, but Baden preferred to send them to finance neo-Nazis.
Over the moment, an oligarchy has developed in the United States, which is one of the forms of autocracy. Scholars Martin Gilens of Princeton and Benjamin Page of Northwestern University conducted a study that showed that the policies of the United States government are in the interests of the rich and their influence groups, and not the wishes of the majority. The scientists note that “the main conclusion that follows from our study is that economic elites and organized groups representing the interests of business have the ability to significantly influence the policies pursued by the US government, while groups formed to protect the interests of the masses, and ordinary citizens have little to no influence.
The real income of the average American has not risen for several decades, despite the fact that GDP per capita has been growing during this time. The oligarchs benefited from this growth, while the Americans got nothing. In 2011, according to PolitiFact and others, the top 400 richest Americans "have more wealth than half of all Americans combined."
A wage spiral? lol How about raising working class wages without raising prices and taking a little less profit, or paying the upper echelan a little less. The point of getting a raise should be to make life more affordable, not so that employers has more leverage to raise prices/profits
Thank you Biden for creating INFLATION & Record High Gas Prices that will help Republicans take back the House & Senate with the highest majority in decades in order to bring Inflation under control & Lower Gas Prices "Quickly" & end the Invasion of Ukraine
President Trump gave us Energy Independence, a Great Economy, Secure Borders and No New Wars.
Anyone regretting Biden vote yet?
joetato's solution ? spend more
So much for that $15 minimum wage you promised everyone!
Trump 2024
At this point does anybody believe anything Biden or the government says?
The problem with America is Biden!
Biden is the only issue Americans face
Inflation = Theft = Treason!
Anything over $2.40/Gallon is a burden on poor Americans! Ohio is now $4/G which is destroying my wages! Americans are getting really angry! High gas prices = Treason!
MAJOR SHORTAGE:
1.) 1 Bedroom 1 Bath Apartments under $450/Month for poor Americans ( once this runs out, the poor leave the big cities )
2.) Livable wages of $30/Hour and up to self actualize and live in dignity!
3.) High Quality Self Actualization Careers For The Poor
INFLATION = Americans cannot afford rent anymore and ending up living in cars or homeless! America is in crisis!
Your doing bud
Wrong, Dementia Joe…the number one problem facing ALL Americans today, is YOU! Everything you've
touched, has turned to $hit…and it just gets worse by the day! FJB!
Lies And Deception Agenda **
Inflation is killing my budget and my salary. I can't invest and it seems like I will need to sell a part of my stock portfolio to keep my head above the water this year <<stocks and crypto >>
Wow he is just figuring it out. Way to go Brandon!!!
inflation the 'No. 1 problem facing families today' wow! that was eye opening
Didn't he say in his Presidential speech about Trump "You're the President Of The United States….. You need to accept responsibility, and not blame or make excuses"? Let's Go Brandon!
Disney ABC News is working furiously to shadow ban comments remotely disparaging of the Big Guy.
Multiple replies on multiple comments below report but you can't read them.
Sad.
They kvetch about Elon allowing First Amendment while Goose Stepping in the name of moderation.
They scream against Russia while using Marxist methods to increase their own power.
There’s. Labor shortage because of vaccine mandates lift the mandates and u solves ya labor shortage
The #1 problem families face today are the failed policies of Marxism destroying every institution supporting individual Liberty and Prosperity.
Actually Joe, you are the #1 issue Americans face…..
This potato should be in the ground developing more potatoes not rotting in the surface
Even if the senile potato is already used to it, let's go Brandon.
When Biden put a stranglehold on drilling for oil in this country he screwed the farmers! Fuel to plow, fertilzer, feed, everything needed to produce food skyrocketed! And Joe Biden has no one to blame but himself! And we see it in higher prices in the stores! And the big trucks that bring us everything we buy on the stores are paying the highest ever prices for diesel fuel so that gets passed on to us as well! Democrats are waging war on everyday Americans!
77% of registered voters say government corruption is the most serious issue facing our nation.
As reported in Kusi newsroom, SAN DIEGO (KUSI) – Former San Diego resident Dinesh D’Souza has been digging into the details of the 2020 election in a new investigative film, “2000 Mules,” which he says reveals the truth about the election.
The filmmaker has said that it examines why some have said that Democrats allegedly leveraged an already-corrupt system to implement widespread illegal voter harvesting under the guise of increased voter access
This dude is literally exacerbating the bad economy with his bullshit centralized monetary policies, not expanding oil and gas production, and these useless sanctions against Russia that are only hurting us. Not to mention, 200,000 illegal immigrants per month. Illiterate and unskilled. Flown into unsuspecting communities and we will be paying for them and their children forever. Pack it up boys. America is over.
The only thing he can do to help the problem is resign and take Harris and pelosi with u!