Bidenomics

Kamala Harris gaslighting America

Republic First Bank has been seized and closed by regulators

Yet Another American Bank Collapses, Seized By Feds

Bidenomics continues to wreak havoc on American finance and commerce, but wasn’t this always the intended effect?

Yet another regional bank has collapsed and was seized by federal authorities on Friday. Republic First Bancorp, a Philadelphia-based regional bank, collapsed on Friday and was first seized by Pennsylvania state authorities.

The bank and its assets, including customer deposits, were passed on to the Federal Insurance and Deposit Corporation (FDIC) to be auctioned off.

Fulton Bank won the auction and will be taking over all of Republic First’s branches and operations effective on Saturday morning. Fulton Bank was founded in January 1882 and is based in Lancaster, Pennsylvania and operates with 206 branches located in 5 states.

Republic Bank cut jobs and exited its mortgage origination business in early 2023 as it reeled under pressure from higher costs and inability to improve profitability.

The bank’s stock price has tumbled from just over $2 at the start of the year to about 1 cent on Friday, leaving it with a market capitalization below $2 million.

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Pie-in-the-sky liberal economics has once again been mugged by reality

Bidenomics has finally gone into full effect

and it turns out that you need to do more to fight inflation than pass a massive spending bill called “The Inflation Reduction Act.”

Stocks dropped sharply on Wednesday after March inflation data showed that the prices Americans pay for everyday goods increased much higher than anticipated.

The news likely means that the Federal Reserve will likely delay interest rate cuts that investors have been hoping for.

CNBC reported that “investor sentiment was further dampened following the release of March’s Fed meeting minutes, which reflected officials’ concerns that inflation isn’t moving quickly enough toward the central bank’s 2% target.

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And Joe doesn't mention "Bidenomics" anymore...someone gave him smart advice.

Biden gets heckled in Pennsylvania

Biden’s PA visit met with protesters shouting ‘go home’ and ‘you’re a loser'

During a recent trip to Emmaus, Pennsylvania, President Joe Biden faced vocal opposition from onlookers while promoting his economic policy amidst a backdrop of significant layoffs at major companies.

The visit, aimed at highlighting the success of the Biden administration's economic plans for small-town America, took an unexpected turn as the president encountered a less-than-warm welcome from some residents, as Fox News reported.

President Biden's visit to small businesses in Emmaus was marked by heckling and protests, reflecting the nation's divided sentiments on his economic policies.

The mixed reactions during President Biden's visit to Emmaus are indicative of the broader national sentiment towards his administration's policies. The heckling, although isolated, points to the ongoing political polarization in the United States, where economic issues remain a central point of contention.

Read about Joe

Food Charity in Lake Worth Beach every Saturday

Pop-up food charity relied on by thousands may be forced out of Lake Worth Beach over traffic issues

By Joe Capozzi: "NO ONE DISPUTES the positive difference Restoration Bridge International makes every Saturday morning in Lake Worth Beach by handing out free supplemental food to thousands of people in need.

Since 2017, RBI volunteers have loaded more than 18 million pounds of produce and dry goods into the open trunks of vehicles in the parking lot of Church by the Glades at 127 South M St. every Saturday from 9 a.m. to noon. Many cars arrive as early as 5 a.m."

The Jewell Neighborhood is complaining about the traffic and noise.

"Nearly a quarter of Lake Worth Beach’s population lives in poverty, according to the U.S. Census, a rate among the highest for coastal communities in Palm Beach County.

Many residents in and around Lake Worth Beach not living in poverty are still struggling to make ends meet and are part of an economic classification known as ALICE, an acronym for asset limited, income constrained employed, according to the United Way of Palm Beach County."

Read the article and see the photos

Lake Worth Beach has encouraged the poor over the last decade or two as well as illegal immigrants to our city. Now we are known as a poverty city in Palm Beach County. We know what is responsible for this deprivation in the United States today...Bidenomics.

Biden Admits Failure - sort of

Joe Biden shocked everyone when he came clean about this huge failure on live TV

Joe Biden has created one disaster after another for the country. He’s been ducking responsibility for the mess that he created.

The soaring cost of living, driven by the worst inflation in four decades, is a five-alarm political fire for President Joe Biden.

Inflation skyrocketed after Biden entered the White House in January of 2021 and proceeded to ram through trillions of dollars in wasteful spending through Congress.

The Biden regime and its media allies are trying to claim that everything is fine with the economy and that prices are dropping.

Biden admitted that prices are “still too high” during a White House speech on supply chain problems. Joe Biden shocked everyone when he came clean about this huge failure on live TV.

He finally acknowledged the problem, but then proceeded to blame everyone but himself for creating it.

Biden's phony blame game continues

Biden says our economy is doing great

 

Supreme Court Hit With ‘Quadrillion’ Case

– This Decision Could Affect Millions of Americans. Bidenomics is not working so to bail Joe out, he wants to tax on unrealized gains. We elect and pay people to come up with this crap.

The Supreme Court is hearing a case over taxes on “unrealized” gains

President Biden and Democrats want to tax Americans on money they do not have. How the court rules could either save taxpayers billions or give big government a huge win

Joe Biden always comes up with devastating ideas to screw the citizens of this country...this is the latest one to bail out his lousy economy and huge debt.

Here's the deal--
A new case has reached the court that directly touches on another Biden move. And how the court rules could affect the wealth of numerous Americans.

From The Hill:
At issue in Moore v. United States is the question of whether the federal government can tax certain types of “unrealized” gains, which are property like stocks or bonds that people own but from which they haven’t directly recouped the value, so they don’t have direct access to the money that the property is worth.

“It’s the million-dollar question, just with a few more zeros: the quadrillion-dollar question,” Harvard University tax law professor Thomas Brennan told The Hill.

Read about it...

Bidenomics is a failure just like Biden

Here's the proof Bidenomics really isn't working for Americans

Bidenomics isn't resonating with voters

Inflation continues to loom large, despite October’s numbers beating Wall Street’s expectations; interest rates are at near record high levels, the housing market is a trainwreck, and credit card debt is at all-time highs.

Yet, for some reason, the Biden administration continues to give speeches touting the strength of the economy, touting Bidenomics. However, it isn’t resonating with voters.

A recent poll shows that just two percent of voters in "six battleground states said the economy was excellent. More than half of voters under 30, Hispanics, women, and people in every income bracket say they trust former President Trump to handle the economy more than Biden."

According to the Bureau of Labor Statistics, the Consumer Price Index (CPI), the most common measure of inflation, increased 3.2% in October 2023, versus September 2022. While the CORE CPI, which excludes more volatile variables such as fuel and food, was 4% higher.

What is lost on the majority of talking heads on financial television is that the CPI in October 2022 was 7.7%, meaning that prices today are nearly 11% higher than they were in 2021. While this is lost on the talking heads, it isn’t lost on working Americans who are trying to put food on the table and gas in their trucks.

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Boeing losing a fortune on a pair of Air Force One Aircrafts

Boeing has lost roughly $2 billion in Air Force One deal

In 2018, Boeing signed a contract with the federal government to build a pair of aircraft that would serve as Air Force One.

Yet as Business Insider reported on Friday, that deal has turned into a financial disaster for the aerospace giant. Company has lost roughly $2 billion since taking on Air Force One project.

Boeing's third-quarter earnings report was released last week, and it showed that the company lost $482 million on construction of the two 747-200B jumbo jets.

Donald J. Trump @realDonaldTrump
Boeing is building a brand new 747 Air Force One for future presidents, but costs are out of control, more than $4 billion. Cancel order! 8:52 AM · Dec 6, 2016

No one expected Bidenomics! The company attributed the losses to higher-than-estimated manufacturing costs, engineering changes, labor instability, and negotiations with suppliers. And they had a fixed contract under Trump. The company has pushed the delivery date of the two jets back by another two years to 2026.

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Biden Blunders Again!

Biden nearly introduced himelf

"In a recent press conference, President Joseph R. Biden found himself in an awkward and almost comical moment. He came close to introducing himself before approaching the podium but quickly corrected his mistake, stating, "I'm not introducing me, Mark is. I forgot, Mark. I went straight to the podium." This incident was somewhat cringe-worthy, leaving President Biden flustered as he stepped aside and exchanged bemused glances with someone offscreen.

During discussion of his 'Bidenomics' plan, he made a bold claim regarding its apparent successes. He asserted, "It's working. We're creating good jobs in communities all across the country, including places where factories have remained dormant for decades due to jobs moving overseas in search of cheaper labor." According to him, his plan has attracted over $600 billion in private investment in America and has led to a surge in manufacturing.

However, it's evident that Biden's policies place a heavy emphasis on issues of racial identity, as he highlighted their impact on "communities historically left behind, women, and people of color." This emphasis isn't surprising, considering the Democratic Party's inclination toward identity politics. But it does raise questions about whether policies should be equitable for all Americans, regardless of their race or gender.

While Biden talked about his economic plans, he abruptly apologized and announced that he needed to attend to another issue in the Situation Room: Hamas had released two more hostages. When questioned about the U.S. position on a ceasefire deal for the hostages, Biden responded somewhat paradoxically, saying, "We should have a ceasefire. Not a ceasefire. We should have those hostages released, and then we can talk." His stance appeared somewhat inconsistent.

In summary, President Biden's press conference featured moments of awkwardness and some contentious claims. While he may tout the alleged successes of his 'Bidenomics' plan, the on-ground reality presents a different picture. It's essential for the American people to see beyond the rhetoric and hold the President accountable for the consequences of his policies." [politicalactionalerts]

Bidenomics is leading us down a path of economic ruin

Experts Make Startling Prediction for 2024

Economic experts have predicted a dire forecast for the year 2024. They foresee an economic depression that is reminiscent of the Great Depression of the 1930s. The culprit? The economic policies of the current administration, aptly coined as “Bidenomics.”

According to these experts, the inflation rates have skyrocketed to over 9% under Biden’s watch, with mortgage rates soaring above the 7% mark. As a result, American families are losing their buying power, with thousands of dollars wiped out from their pockets.

But the real shocker? A new economic indicator has emerged, one that hasn’t been seen since the Great Depression era. This foreboding sign spells disaster for Biden and his supporters. It seems the chickens have come home to roost for the disastrous economic policies of the current administration.

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Bidenomics sucks!

Even Democrats Think That Bidenomics Is Backfiring In A Huge Way…..

Democrats are concerned that Biden’s use of the phrase ‘Bidenomics’ was a mistake.

The problem is that no matter how many times Biden or his surrogates assert that the economy is doing well, the American people just aren’t experiencing it in their daily lives.

Democrats are anxious that if the economy is perceived negatively, it will be directly associated with Biden, which it will.

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Bidenomics a complete disaster

Bidenomics: Making Poverty Great Again

The poverty rate in the United States increased for the first time in over a decade in 2022, according to new data from the Census Bureau. The poverty rate rose from 7.8% in 2021 to 12.4% in 2022, an increase of 4.6 percentage points.

That news comes as the Census also reported that the U.S. real median household income decreased by 2.3% to $74,580 in 2022. Meanwhile, year-over-year inflation rose 7.8%, per Fox Business.

Biden’s administration still claims that his policies are working and that his spending plans have sparked the American economy. But, prices have increased more than 17% since he took office.

But Democrats still will vote for this lying president!

Read more... about Biden's failed economic policy.

Biden Slips up again! So what's new?

Joe Biden Says Black and Hispanic Workers Don’t Have High School Diplomas

What a 🤡

On Thursday, Joe Biden gave a speech on his economic plan referred to as “Bidenomics” at Prince George’s Community College in Largo, Maryland.

Bidenomics claims to focus on the issues of high mortgage rates, inflation rates, failed banks, costly groceries, soaring rent prices and dwindling retirement accounts.

Joe Biden spoke today about Bidenomics despite core inflation rising, real wages decreasing, and gas prices soaring.

At one point, Joe Biden implied that Blacks and Hispanics do not possess high school diplomas. This disgusting statement has been disproven by statistical data from the United States Census Bureau.

Additionally, Biden asserted that he had created millions of new jobs since his inauguration in January 2021. His assertion is inaccurate, as the majority of jobs being regained by people returning to work are those which were lost due to forced business shutdowns during the Covid-19 pandemic – rather than job creation in its true sense.

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See the clip on X

The Guy who Destroyed our Economy

Joe Biden’s Whiteboard Explanation of Bidenomics Gets Hammered By X Users

Under Bidenomics, the American people are actually facing a harsh reality: mortgage rates are skyrocketing, inflation is out of control, banks have shuttered their doors, groceries cost an arm and a leg, rent is through the roof, and retirement savings accounts are quickly diminishing.

Joe seems to be the only person on planet Earth that seems to think he’s actually doing a good job. What a clown.

Biden's X video

Bidenomics

Bidenomics Is Making You Pay More – A Lot More

Bidenomics Is Forcing You To Pay Hundreds More Per Month – Here’s The Proof

Moody’s Analytics is reporting that the average American household under Bidenomics is paying over $700 more per month this year than they did two years ago – for the exact same goods and services.

The economic research firm’s numbers indicate that this is the effect staggering inflation under the current administration has had on the American people, even as the rate has cooled off a bit in recent months.

Bidenflation is very real and very painful to the average American household. And once prices go up due to inflation they don’t come back down no matter how hard Biden and Dem propagandists make believe that it’s getting better.

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And no matter how bad the economy and losing our sovereignty with open borders, Democrats will vote for Biden. Trump Derangement Syndrome is a real disease.

Bidenomics is working says Joe