Inflation Is Taking a HUGE Toll on Presidential Election
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- čas přidán 24. 05. 2024
- A brand new survey from the Federal Reserve is showing that a majority of Americans are struggling to get by. Ana Kasparian discusses on The Young Turks. Your Support is Crucial to the Show: tyt.com/team
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"Inflation may have slowed last year, but it continued to deal heavy blows - some devastating - on Americans’ livelihoods: Nearly two-thirds of US adults were worse off because of it, and roughly 1 in 6 couldn’t pay all their monthly bills, new Federal Reserve data shows.
The Fed on Tuesday released its Economic Well-Being of US Households report for 2023, examining the financial lives of US adults and their families. The report found that 72% of adults surveyed said they were “doing okay” financially. That’s a tick lower than last year but well below the high of 78% hit in 2021 (and still above the record low of 62% in 2013)."
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240522__TA04Economy
Big government spending on sweetners and unicorns = higher taxes = higher inflation = government subsides to quell inflation,
The rising interest rate can surely control inflation, but won't prevent erosion of the eroding purchasing power of the US dollar. I have learnt my lesson this time. The banks can't be making money off my money, while inflation eats into it. I have set aside 650k to invest in the stock market now, since that keeps up with inflation, but I don't know how to get started.
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I remember when $50 in groceries fed me for two weeks back in 2015.
Now $50 feeds me for two days if im lucky.
Utilities are insane. How does anyone afford rent and food and utilities and a car and insurance ? On one job alone? No way
And it's impossible to find a job right now. Well it's harder now than it has ever been for me and others I talk to.
@@Lydynthmn jobs are available only for elite top tier talent, unless you’re ok earning $12/hour.
@@marcosolo6491 You sound like a series of Fox News talking points.
@@marcosolo6491 Grow up, loser.
@@marcosolo6491 you’re old aren’t you? Finding a job that offers medical, dental, vacation, retirement and a good paycheck is harder than ever. The loop holes placed for corporations to benefit from and not the employed is rampant in our system. Why do you think your generation was brainwashed into to thinking that service jobs are low wage, low level, and those people are not hard working. It’s so everyone but the employee benefits. Corporation asks for a guideline to be lifted or challenges it. The law maker gets their donation, the cooperations have a higher profit line all while the employees are working two jobs for little to no pay. Don’t believe me maybe ask why Walmart has it in the application process do you receive services? If you don’t and you think you may qualify let’s help you fill out those social system forms so you can get insurance on the taxes payers money. ALL whole Walmart has some of the largest tax breaks in the industry. But, let’s blame the folks working their tails off to provide a decent place to live.
I've said this before and I'll say it again: Business and Corporations control their own prices. They raise prices, and they lower prices. They want more of your money, that's all this really is. And nobody can stop them.
you have no idea how this works. you think corporations can raise their prices infinitely like minimum wage can be raised infinitely
@@DirtyBeatzMusic What part of my statement wasn't true?
Businesses can't survive without any clients, no matter how big or small they are.
@@DirtyBeatzMusic They'll stop raising their prices when their profits fall due to lack of sales/customers/clients......Though I suspect illegal collusion has had a detrimental effect on competitive pricing in America's "Free Market Economy".
@@roland1912 low iq
I'm 66 and for the first time in my life I couldn't pay my taxes and I'm struggling to feed my animals and maintain my property. I don't eat out or drive unless it's to the store. This is pretty sad.
Raegenomics is a slow poison that takes time to hit those who ignore the obvious problems.
"It won't ever be me". Yes, of course. It will never be you.
People are losing their jobs primarily because CEOs are seeking larger bonuses and trying to boost share prices for shareholders.
Explain to me why a CEO receives an annual bonus for doing their f-ing JOB? Elected officials and corporate elite are horrific, money hungry, greedy, ignorant, self absorbed shits.
Artificial intelligence has also removed jobs.
Yeah, that's not true at all.
But FWIW, 'shareholders' are basically everyone who wants to retire at some point with any degree of financial security. It's pensions and 401K's and college savings for your children. It's people who have put their money at risk in the hopes of having it improve their lives, creating jobs and opportunities for a great many others in the process. Let's stop denigrating 'shareholders' as some faceless evil elitist boogeyman.
They didn’t do it when trump was around. Why is that
@@rickysampson8759 Actually, there was a lot of corporate greed before 2020 as well. Stock buybacks and removal of stock options for employees in return (such as at Amazon), crack down on labor union organizing, and although the rate of wage growth was higher for middle class workers than CEOs under Trump, the fact is CEO salaries and indeed bonuses kept rising without much consideration for those below them or their customers, which kept many people still living paycheck to paycheck. It was still too stagnant.
Now would be a good time to remind everyone that the president does not set gas prices, interest rates, or the cost of a loaf of bread.
Wait until next year when all the sugar that has propped up the stock market gets cut.
@@spcox76 Again, the president has nothing to do with the stock market.
Yes he does
I spent $2.50 at a vending machine for one freaking drink. I felt dirty paying for it.
Does he really think a third of the county has 401k's? 😂😂
You know it’s absolutely amazing that everybody talks about inflation, but nobody talks about the greed of CEOs and corporations and how they’re raising prices while making the quantity that you can buy smaller. How about adding that into your disc ration on inflation because that’s the biggest factor here is the greed of the upper middle class wealthy corporations, and CEOs, while they shrink the amount of food, you can buy from just a couple years ago. Talk about that. Otherwise you’re just like every other mainstream media that blames inflation rather than the true cost of the greed of the wealthy. Who don’t pay much in taxes if at all. There you go
👏🏿👏🏿👏🏿👏🏿 exactly!
Absolute truth!
CEO's and corporations weren't greedy under Trump? That's a child's/ideologue's way of looking at things...
@@patricedixon2634 weird how these corporations werent greedy when trump was president
I got a decent raise in 2021 the problem inflation makes it feel like I never got a raise at all like two steps forward and five steps back feels like you can't get ahead in life
Exactly, same here!
Work for yourself in a field that most people refuse to do. I set my own rate and corporations pay it because they have no other choice. My income is now 10 times what it was in 2015.
Stop calling it inflation, it’s greedflation.
Inflation is the result of government printing money (trying to conjure by fiat labor which has not been performed) and literally nothing else.
"greedflation" is a low iq term for inflation
@@HIMYMTR it’s the term that the progressives have to use so they don’t accept that. It’s all they’re spending their endless spending and unlimited government debt that is caused this inflation to happen.
Funny how no one was 'greedy' under Trump...
@@Ellis_Hugh because it was actual inflation then due to the start of the Ukraine invasion and the problems caused by the pandemic.
Right. We’re sending billions to keep wars going over in another country every month but I have to make 3X my rent to live inside and not under a bridge.
It's NOT inflation! It's CORPORATE GREED!!
Small businesses have been raising prices too.
So they weren"t greedy in 2019 but they're greedy now ? low iq
So printing more money isnt inflation 35 trillion in debt 2.2 trillion dollar deficit last year Biden funding two wars you are lost inflation is an understatement
When you inject trillions of extra dollars into the market, inflation is inevitable. Corporate greed is part of the problem, but not 100% of it. Labor, energy, transportation, raw materials and many other injects have all gone up in price.
@@darex0827 You have the most nuanced take. Although, I did see a NowThis report showing an oil exec coordinating with OPEC to keep prices up, which was costing Americans at the pump up to an extra $2,100 on average per year. It had to do with Scott Sheffield, who is the CEO of Texas Oil. Greed from larger businesses can create problems. And those problems can also create a ripple effect on food prices and small businesses (to Travis Elrod’s point) due to the rising cost of transportation for goods and services.
I don’t give a damn what the S&P is doing. I can’t afford rent, or food. Much less a vacation or any quality of life. Why are eggs 5 bucks a dozen now?
Eggs are not $5 a dozen. You're lying or shopping at the wrong stores.
@@elsierodgers4874no a dozen eggs are actually 7.99
Or they just live in a different area than you? Gas prices in California are $5 while other states have $3. Same thing happens with groceries
@@elsierodgers4874 fry’s. Alma school and main, in the hood in Mesa Az. Eggs are 3.50 to 7 dollars a dozen. I averaged the cost.
I find it hard to believe that 2/3 of Americans have a 401k and own a home. Dude said, "have a home," so maybe he doesn't mean own a home. Maybe he's counting house and apartment renters too. I have a very hard time believing that 2/3 of Americans are doing well enough to not feel stressed about money, enjoy a regular hobby that has monetary needs, and feel confident in their future retirement.
NA its 40% - 60% are having a hard time.
I think inflation has been so low for so long that people forgot about inflation. It was so much higher in the 1970’s and early 1980’s.
I purchased 4 tires 4.5 years ago. $425 total. Purchased the exact same tires in February 2024. $965 total.
It's a shame, isn't it?
Good thing your income doubled over 4 years. Whew.
It's not inflation it's corporate greed corporations using inflation in the past to justify their high prices now when it's nothing more than corporate greed now
Yes it is
It's time to break up monopolies like Amazon and create more unions.
Most of my jobs were unionized. The final job, which was union, paid off after an on the job injury that ended in total disability. I would've been screwed if not for a union.
Inflation is a problem but corporate price gouging has been a problem also since the pandemic. They kept jacking up the prices and essentially never stopped after market conditions went back to normal because the government isnt regulating corp greed.
It’s not inflation, it’s price gouging. In some places like Tampa, rents have doubled in a single year! Utilities are all up by huge margins, so are car prices, food, and any supplies needed to run a business. If you’ve ever been ground zero when a hurricane hits an watch assholes steel, bags of ice for $100, you know it when you see it.
$400 doesn't cover a lot of emergencies...
Agree
People are pissed because price gouging is being allowed.
This is economic illiteracy. Price gouging is not the issue. Too much money has been created. Please educate yourself on demand-pull inflation.
@soundmind1705 Exactly. I think we (including me!) have never gotten over the Huge increase of costs, especially grocery and common retail goods after Covid. There must have been some price gouging then. I saw things I regularly bought, triple in cost back in 2020 and I'm only now beginning to accept that the prices aren't going to go back down even tho' inflation in greatly reduced. So it feels like inflation is higher than being reported but perhaps it's just that Huge increase from a couple years ago.
@@WillieFungo pRICE GOUGING Is real. What is dynamic pricing? Why aren't US manufacturing sedans? And where are the affordable housing?
If you travel a bit, you will find out US also have price fixing. Mobile services, medication etc are all cheaper outside US. Why are generic available in US only 5 years it is available worldwide.
Us is losing the tech war with China as well and this will have a long term impact.
@@davidwong5197 The affordable housing crisis is caused by government regulation and NIMBYS. We aren't building enough homes to meet demand.
@@davidwong5197 The reason some things are cheaper abroad is the cost of business in a lot of countries is extremely low compared to America. Workers are expensive in America(which is why everyone manufactures in China), taxes, commercial rent, ssafety measures, business insurance ect... It's very expensive to do business in America, and you have a million liabilities you have to watch out for. Very very different in other countries.
The economy is truly and always wonderful if you are rich.
They refuse to pay the cost of doing business and think the consumer should always pay that cost. It's never enough money for these people.
Inflation? ….Or do corporations just invent new pricing daily?
The price rises are due to inflation, although I wouldn't be at all surprised to learn that companies are taking advantage of the situation.
These large conglomerates are the ones to blame! At first they started raising prices slowly and blamed it on COVID, fine! But once they got a taste of bloody GREED, they kept doing it!!
And today the inflation rate in America is 3.36%.
This is no longer the lowest inflation but, the main reason for this is corporate greed.
How many income statements have you gone through? Prove this with some evidence.
Oh I guess corporations suddenly got greedier. Good to know.
The No. 1 reason food was always more expensive in Europe, was higher energy cost. High energy cost = Higher prices in everything.
Same with CA. Costs in CA were always high because its progressive ran and they increase the cost of energy with their policies. Now Biden is taking those "green" CA policies and making them national.
FINALLY someone is talking about the reality, Jesus Christ
People want to be told the economy is great and that they are best in the woooorld. They dont want to be told about pulling together, doing the difficult thing and fixing the country.
Corporate profits are crazy high. Greed is the reason for these prices.
I'm sick of people telling me they are struggling. What would they know about their lives? All these detached metrics say they are happy but don't know it. I always go to the media to find out how I'm doing
It's an absolute shame that no one in the democratic party is reminding everyone that this is a global recession. Everyone is facing inflation!
It's bad up here in Canada too. Unfortunately we have a government here that is doing everything it can to make it worse.
NOT TRUE - you guys are suffering way more than most countries. Sure we have inflation but wages in my EU country are up 550% since 1990 and rent is €200. Yo can buy a house for €50k easily.
There is a global shock but your ability to cope with it depends on the underlying state of your society - YOU were on the very edge BEFORE the problems.
My rent on a beach side apartment is 22% of my part time salary.
A Venn diagram of people with strong feelings about inflation and people who have absolutely no idea how inflation is calculated would be a perfect circle.
My husband and I treated ourselves to two ears of organic corn for $5.50, I know we should have had the pesky GMO corn 4 for $4.99, but it was a treat night.😃🤑
What can go wrong?
In 1965, ceo to worker compensation rate was 20.4
In 2021, it was 389 👀🥶
Still blaming inflation when corpos are reporting doubling profit margins?
Stop blaming corporations when it’s Joe Biden’s failed “Bidenomics”! Moron
My family is in the lowest income bracket. We are poor. I have a good job and work my butt off, yet I remain poor. You see, my wife doesn't work because we have 2 children with Autism. If you have Autistic children, you'll understand how much work that is. Therefore, to survive, I constantly grind myself to death at work. We are trying to save and buy a house to get out of the townhouse we currently live in. Yet, I gain no ground. Rent rates are increasing faster than I can grind. The Federal guidelines for food assistance are questionable at best. We receive no assistance. Congress will gladly give $900 bil to the military industrial complex, but they just can't find the funds to help the poor feed their children. For each raise I get, each hour of OT I pick-up, I should take a step forward. However, the cost of utilities, food, and rent go up faster.. and I end up two steps back. Citizens United sold of our Nation's soul. From the Supreme Court to the House of Representatives.. legal corruption and bribery is ubiquitous. We need leadership, but have none. Congress hasn't passed a true budget bill in nearly 30 years. We are $33 trillion dollars in debt, yet our chauffeurs are full when it's time to fund a genocide. We must create a party of the people, and take the seat of power from the Democrats and Republicans. Not by taking all of Congress or the Senate, but by taking enough to make the establishment nervous. The power of the 2 party system must be checked. Climate change, woman's reproductive rights, ratification of the ERA, education, healthcare, ending the genocide in Gaza, immigration reform.. these things are only possible if we unite under a powerful new 3rd party. Most third parties appeal to special interests or fringe ideologies. We need a 3rd party whose aim is to right the wrongs everyone feels. A party to bring balance back to governance. Many probably feel that it's too late, but I have to believe it's not. I have to believe we can restore power to the people.. but it starts with a massive, focused movement. That movement must become a viable political entity as well. You have to beat corruption where it lies.
Vote for Trump
@@tonyv416Trump added 8.4 trillion to the national debt…in my entire life Republicans have trashed the economy and Democrats have had to drag us out of it.
@@tonyv416 No. He'll only further the genocide of Palestinians. Do you really expect an entitled rich snob, who was born into generational wealth, to understand anything the average person deals with? This is a guy who would walk into your house and be disgusted. The swamp is corporate corruption in our government. How is a corrupt grifter supposed to fix that? Both the parties have been bribed to heck and back by every rich a-hole that doesn't give a crap about you or me. Republicans and Democrats are bought by the same people. They talk differently, but do the same things when they're in office. We need a new option. Perhaps someone not 70+ years old and mired in decades of corruption. Biden and Trump don't fit that bill. A viable 3rd party, a Unified Party of true patriots, can bring order back to Washington. The swamp makers will never drain the swamp... We're gonna have to outsource for that. Violence doesn't work. Protest doesn't work. Playing them at their own game, in the political arena.. it does work. Expose the corrupt. Unveil the wolves. Pressure the powerful elites.
@@edenisburning@edenisburning, you sound like you let the MSM do all your thinking for you. Wake up, Trump was interviewed this weekend about Israel/Palestine war, he made it crystal clear that he plans to use peace talks not bombs to ease that conflict. He achieved the Abraham Accords, which if you knew what that was, you wouldn’t type such ignorant drivel. Moreover, you sound like someone who finds fault in people who were born into wealth, which is stupid because Biden wasn’t born into wealth, but he’s the one responsible for stealing your soon to be non existent Social Security funds, broke the law by allowing your country to be invaded by illegal aliens, and dragged us into two wars that the American citizens didn’t want or ask for.
I feel you dude. I just got my yearly raise at work. Adds an extra $127 to my paycheck. Too bad my car insurance premium went up by $183
So technically now I'm making less than I was before :)
I hate it here and I wish I could afford to leave. I would do so in a heartbeat
Honestly the thing that would help the most right now bottom line would be inflation guidelines there's no way an apartment complex can get a small remodel and then charge like a luxury apartment complex it's ridiculous
In NYC I’ve seen realtors call 4th floor apartments penthouses 😂 and charging an arm and leg
Corporations got a taste of the profits during the pandemic. Now that the economy slowly getting back to normal, corporate greed isn't letting their record profits go that easily so they drive up the costs of consumer goods.
Donald Trump ran up the deficit $8,000,000,000.00. And it's affecting "U.S." today too!
You can’t blame covid spending on trump. Trump actually pushed back on a lot of it. You can however blame bidenomics on Biden.
@@mike-gv2oli lov how you magats won't blame trump for anything. He was president, the deficit went up 8 trillion dollars or a 25% increase in 4 years, under trump, helping to spur on inflation, bidenomucs and giving money overseas also contribute to it. See what I did, I blamed both presidents. I don't worship either one
Damn. I thought it was "transitory".
*AS A EUROPEAN* I love the logic of your government "wealthy people are getting more wealthy - whats not to like??? Why don't you like it proles...??? Whats WRONG with you?
Whole Biden administration is out in the press right now like "My stocks are up 20% this year, what are you poors complaining about?!?!"
This is horrible you can’t go store and pay food or gas
Ead, conservatives. Corporate greed is 100% the reason for inflation..
100% truth.
Unfortunately, you're wrong.
@@gk_zone4274 Right corporate profits are skyrocketing for no particular reason LOL fool
Such a lazy argument. If it’s a Republican in office it’s republicans fault, if it’s a Democrat in office it’s corporate greed.
@@robertmiller32 And production costs have also skyrocketed.
Some of you are being taxed to death and blaming the government for what is actually a states issue.. as soon as we left our state.. and actually started getting fair pay.. none of this was a factor.
The US government is not directly controlling your wages.. they can influence parts if it.. but that is your states responsibility. It isn't the governments responsibility to build homes in your area... that is more influenced by state/county laws.
There’s only 1 republic dude.
It’s still very difficult when you receive a very small raise but then have to pay much more for the bills, food, and fuel when they continue rising…
#JoeBiden #JasmineCrockett #BernieSanders #KatiePorter #JamieRaskin #JaredMoskowitz #AOC #JamaalBowman #CoriBush #GregCasar #HakeemJeffries #TammyBaldwin #DemocraticParty
A majority of Americans have homes and 401ks???? Where??? These elitists live in such a bubble.
Trump's Inflation
🤡🫵
4:33 Wages rising is intentionally countered with inflation, it's a control thing. We like to think of it as a greed thing from the top, when really (in my opinion) it's a control tactic from outside of the construct we live in. It's not as full fledge conspiracy as some of the theories suggest, but I do feel that most of this is intentional, and done by a group of people that aren't elected, who don't have seat terms, and are able to stay mostly anonymous. I'm poor, and I'm struggling, but the most kindness I experience comes from fellow poor people lending a helping hand to each other. People are more good than we're shown, and if we wanted these problems fixed, they would be, BUT there is clearly nefarious agendas at play against us. We're pitted against each other, with our biases used against us so we will never come together. We're being played from every angle, and we can't even see that it goes past Race, Sex, Sexual Orientation, and yes, even Religion. I don't know what we can do in a peaceful, constructive way, but it's up to us to Unite as a People.
Gotta love TYT pausing to ask for paid members during the story about how we're struggling financially out here.
He’s said it again and again on the broadcasts that if you cannot afford it, take care of yourself first.
Cenk needs to mantain his ultra wealthy life style. And so does Ana.
What is this word '' struggling '' mean.. There's plenty of money to finance weapons for a war in Ukraine and Israel.
Ppl are waking up to the Greed
I don't understand inflation. It's not like we're running out of stuff or gaining hundreds of millions of people to raise prices. I work at a grocery store, prices are high but we throw away A LOT more like a lot of stuff goes out of Date cause people can't afford it
because its straight up corporate greed. its been proven. its not "inflation" its price gouging because they know people will still pay those prices if they have no choice. its been proven that us companies have conspired with opec to price fix oil prices (which is illegal) yet still nothing happens. democrats tried to pass a bill that would help thwart price gouging and fixing and the gop struck it down.
This is what happens when you print money you dont have to fund wars you dont need
Try telling that to Biden who's had over 20 plastic surgeries. Just look at his plastic doll face.
Dude, the money is funding our defense sector; we are building fresh new tech while ukraine gets the old tech stuff that was becoming obsolete. In case you didn’t notice; war is a lot different than gramps ww2. We need a strong defense industry to deter china russia and all the other axis of evil from intensifying the current conflict with new wars in the world. We need a strong America and whether you realize it or not; it’s the defense interests of other allied nations that will help america recover from its financial debt.
I like the new Ana. Mostly because it angers so many of you that she doesn't give you the affirmation you're used to 🤣
Yes I don't know what to do
Corpflation is why.
Exactly!!
When fuel goes up everything goes up. Its the war on fuel thats causing inflation.
👍
Exactly.
Corporate greed.
I like the coverage on this. I know I'm struggling, I can only imagine what it's like for everyone else.
They had to close all the stores close to me because of theft unchecked and crime. Now I have to spend more, drive farther (thank goodness my car still runs) and eat less.Thanks everyone
Inflation? I thought that was supposed to be just another conspiracy theory.
Its almost as if... Printing a trillion dollars every 3 months for years (yes actually) was a bad idea and would eventually cause problems. And literally handing out that 1.5 trillion dollar tax break for the rich on top of it.
Yep. And so little of all the Covid aid from both presidents went to people who really needed it.
Bro the vehicles on the lots in the dealerships are priced like spaceships too it's been like that for over a decade too
Totally on point Ana!
Corporations are eternally greedy. So if inflation was as simple as that then logically we would have eternally high inflation, but we don't. Inflation then has little to do with "greed". It has everything to do with the devaluation of the dollar by rampant federal spending paid by printing money out of thin air. Want to reduce inflation? Then directly raise taxes with every spending bill. I guarantee you it would bring and end to federal spending once Americans understand what it costs them.
Wages up .5% prices on everything up 300%, does that equate?
1 third? It has to be more than that.
Greedflation. Call it what it is.
Biden has destroyed the value of the dollar, see it for what it really is.
weird how these corporations werent greedy when trump was president
"I don't get it. The wealthiest Americans are having the time of their lives why are people mad"
My health insurance premiums I get through my job is going from $3000 last year to a now $4500 this year! That's covers just me no dependents! Inflation is NOT dropping 🏥 😡
Year and a half ago I got a second job to pay for braces and maybe save some money. Yr and a half later I HAVE to work the second job now. My rent, utilities and groceries went up along with my car insurance and phone bill.
When people say "Inflation is down" that does not mean prices are going down. It just means they are rising slower. And there is no clear indication of that.
Exactly inflation is cumulative! Maybe not the best analogy buts it like having a fever of 104. When it’s down to 101 you still have a fever.
Exactly what would be better with the defendant in charge? Answer is NOTHING, but thousands of things would be far far worse. The failed former guy is an insane fool.
Lowering interest rates would cause inflation to go even higher.
The economy is horrible. Before jobs were easy to come by, COL was affordable from food to housing, I was saving money, and even had enough money to enjoy a night out. Now I'm on the verge of being homeless every month, I have no savings, I'm constantly using my credit cards to buy food, and jobs are scarce. Even during the pandemic I was able to get jobs easily. I worked 3 jobs throughout the pandemic. It really sucks now.
You could go live in Russia. Old smelly dumpty will give this country to Vladdy daddy if he gets back in office so he could be puppet king.
So, stop whining and think about it.
I love how Ana delivers and talks
My family is fighting like dogs 🐶 over food! I NEVER thought that would happen.
This is true. I hear Biden saying how great the economy is and as far as statistics go I believe that should be the case but when you break it down into individual families that's where the problem lies. We as individual families .. shopping for groceries and trying to feed our families .. are not feeling that break in inflation. As a matter of fact the cost of food at the grocery store has tripled and it's getting harder and harder to feed our families. And people like me who are disabled seniors on a very pitiful .. lower than the national poverty level .. salary from the government are literally starving ..and there is no break in the cost of housing either! The rents most often than not are exceeding the income! This is where Joe Biden is failing to keep his promises and meet the needs of the people. Joe Biden ran his first campaign on increasing the income of those on Social Security and Social Security Disability to bring it up to at least minimum wage and he failed to do that. A lot of us voted for him for that reason. We are going to vote for him now because he is obviously better than the alternative but he really needs to address the low income of those on Social Security and Social Security disability and the inflation we are all feeling at the grocery store and the housing market!
Our tax monies should go back to Americans not another country.
But that makes it more difficult to grift!
We need a New New Deal
We had Covid under Trump
And it was Trumps fault Fauci was playing mad scientist with the communist Chinese and gave the world COVID??? LOL
It's comical old joe still touts his failed bidenomics!
As President, I prefer a politician to an immoral lying crybaby. I'm hopeful that those who are voting against Biden are either disappointed over a Biden win or enraged over the effects of Trump's promised tariffs and Trump's ongoing crime spree. It won't get any better but it will get worse.
Bidenomics has nothing to do with corporate greed.
We’re being charged for everything. Even the cashier wants a tip for handing you the bag.
The grocery store is out of control I spend over $2,000 a month on food/paper towels/body wash etc. now I have 4 kids but pre COVID it was ALLOT easier to do!! Post pandemic it’s been getting more and more expensive every month!! This is an unsustainable trend we need to focus on America 1st!! And I’m not trying to be political this is for the benefit of ALL citizens!!!!!!
If you want to focus on America First, look into how economics actually work, bot. Biden doesn't get anything from prices being higher. Rich people who own companies do.
as so0meone whose income has decreased since 2019 inflation cooling is meaningless to me...
The Problem in CA is any emergency costs WAAAAAY more than $400.
Will we ever be able to live in our country? It's horrible how rich have crushed the middle class, the people who pay the most taxes.
The rich have convinced the middle class that the poor are to blame for all the world's ills and not the greed of the rich.
Bidenomics in action guys!
Why all these food corporations raised there prices 30 percent? Becaus they can? No government control on food prices? Record profits!!!
Prices up, wages the same for people bellow executive levels. CEOs higher bonuses than ever before.
Yeah, you’ll have that with trump.
@@robertsabre49 oh I know.
Listen to Scott Galloway. He talks about how taxes are and why the working class is suffering because the working class can't write off taxes to save money and build with!
The 1% owns , on average, 12 houses, and they don't ever go to most of them.
Calling BS in that claim.
Can you show any citation for your claim?
Roomba joe revels in his failed economy!
Other than the rate which inflation increases the economy is doing FAR FAR BETTER under Biden than when 45 left office
The rate of inflation has been decreasing since the summer of 2022
Normal inflation is 2-3 percent, it’s currently around 3.4%.
I called it four years ago, and look where we are!?
40 million people are living below the Federal Poverty Level. The GOP would only like to quadruple that number any chance they get, like on debt default day.
A $400 emergency might be $500 now
GOOD POINT...!!!
Tell them to stop sending our taxes to Israel, you want votes do you jobs and not take so called donations. I think the country should vote for no one. Keep the wealthy who exploit out of it. Do your damn jobs.
But send more to Ukraine amirite
@@rickysampson8759 no they need to take care of the people keeping them in there positions in the first place , people vote them in but they sell out too quickly