21 Facts That Joe Biden Doesn’t Want You To Know

Authored by Michael Snyder via The Economic Collapse blog,

It takes a lot of gumption to go on television and repeatedly lie to more than 300 million Americans.  I honestly don’t know how Joe Biden does it.  I suppose that after you have been lying for your entire career, lying comes as naturally as breathing does.  Sadly, there are still millions of Americans that are falling for his lies after all this time.  Biden would like for us all to believe that the economy is “booming”, that the southern border is under control, that our communities are safe, and that Ukraine is going to win their war against Russia.  Our entire society is literally crumbling all around us, and Biden and his minions have brought us to the brink of global war.  I am entirely convinced that he has been the worst president in U.S. history, and that is really saying something.

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11 Signs That The US Economy Is In Far Worse Shape Than Most People Think

Authored by Michael Snyder via The Economic Collapse blog,

Unless you are living under a bridge or you are eagerly drinking the kool-aid that the mainstream media is dishing out, you probably understand that the economy has been struggling.  Survey after survey has found that the American people are deeply dissatisfied with how the economy has been performing, and as a result it has become the number one issue this election season.  But even though a large portion of the population is not happy about how things have been going, the truth is that the situation is far more dire than most people realize.

Just this week we have received quite a bit of very troubling news, and the outlook for the months ahead is very bleak. 

The following are 11 signs that the U.S. economy is in far worse shape than most people think…

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The Many Faces Of Inflation

Authored by Jeffrey Tucker via The Epoch Times,

A few nights ago at a restaurant I ordered a dish of Mediterranean prawns that sounded delicious by the description.

The reality was a huge pile of large croutons with four shrimps sitting on top, each of which came to about $8 per shrimp.

Yes, disappointing but don’t blame the restaurant. It’s the reality of doing business in a high-inflation environment.

Another friend reports the following:

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Why Americans Aren’t Buying Biden’s “Strong Economy” Propaganda

Via ZeroHedge

It’s become a bit (or more than a bit) of a joke: Biden is doing everything in his power – and beyond that too now that Fed Chair Jerome Powell has admitted what we have been saying all along and that the White House has been “overstating” jobs – to prove to America just how great his “economic recovery” is, and the more he tries the more people hate it.

And the funny thing is, the responses themselves are prima facie evidence of precisely the propaganda embedded in this discussion.

Consider that last October, the WSJ published an op-ed by the ultra liberal Alan Blinder titled “The Economy Is Great. Why Do Americans Blame Biden?” (his conclusion was “Inflation is lower, but some won’t be happy until prices come down too. That would be a disaster.”) A few months later, in April, the even more liberal WSJ editorialist Greg Ip wrote “What’s Wrong With the Economy? It’s You, Not the Data.” These desperate attempts to spark adoration for Bidenomics were a disaster, and in May the University of Michigan consumer confidence cratered the most since August 2021…

… forcing the WSJ to point out the painfully obvious: in an article from the editorial board titled “Why Biden Is Losing on the Economy, the WSJ capitulated and pointed out the glaringly obvious: “The average annual inflation rate during his Presidency is 5.5%. Under Trump it was 1.9%.

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