Bidenomics

How so?

They spent all their $$ on Trump bibles and donations for his lawsuits so now they can't buy the most expensive type of butter.
😂

Or or or...Just maybe , it could be that interest rates on loans have more than doubled? The working gears of this economy ,The independent self made small businesses, the people that carry the useless liberals, are taking it on the chin because ..well, I don't have to get into that. Anyone with a brain already knows.

"Bidenomics" vs FED chairman Jerome Powell... who would win at affecting interest rates?

Or is trump appointee Jerome Powell also considered part of "Bidenomics" ?

Well I can tell you this, under Trump my interest rate was 3% and now I am paying 9%. So, that is what it is. The numbers don't lie. My interest rates have tripled since Biden took office.

Under trump unemployment hit 14.8%.... a rate not seen since the Great Depression. The numbers don't lie.

Well, that has nothing to do with anything we are talking about now does it? We are talking about how much it costs to borrow money today, guess what, it was waaaaaaaaay cheaper under Trump. That is why no one is buying homes , no one has any hope for the future, and why the American dream is starting to feel more and more like a fantasy to the next generation. If America doesn't get its spending under control and stop funding foreign wars and giving free health care to illegals , its not only going to be a fantasy, but an impossible one.

Ohhh.. so NOW you want to talk about more than just the numbers at surface level? 😂

Borrowing money / interest rates costs more because the FED interest rate has risen.

The FED interest rate has risen because trump appointed FED chairman Jerome Powell raised it.... he raised it a bit late but still.

He raised it because of inflation.

Inflation happened because demand/ spending came back from the pamdemic, oil began coming back up from the crash, people began driving more going back to work, supply chain issues, price gouging, etc...

The whole point of the raised rate is to make America spend less money / to curb demand / stop buying houses, etc. If prices are increasing and people are still buying houses then the prices will continue increasing.

The problem is even if individuals stop buying single family homes, they still are being bought... by hedgefunds. It's not as much a house to raise a family in anymore as it is an investment for rich people.

Democrats in congress have introduced a bill to try and stop this but I'm sure repubs will try to block it.

And as far as spending, ya that skyrocketed under trump. M2 money supply began coming back down under biden.

LoL yea, democrats are gonna save the day! Open borders and free health care + cash stipends + free housing to anyone and anything that spills over the border. Lets see how long America lasts with those policies in place.

Literally any conversation with people on imgflip:

Yabut ILLEGAL IMMIGRANT INVADERS!!!! 😭

😂

Again it's the companies using him as an excuse to raise prices he doesn't have the power to change the prices only the companies do.

The companies are using Joe as an excuse to raise their rates