Now that the election is in the rear-view mirror, the revised economic numbers are looking really grim.
As shocking as it may seem, the government lied to you! The best economy in human history was, somehow, shedding jobs instead of increasing them.
Not to mention that inflation rose much faster than expected, putting the lie to the claim that it had been tamed and the future for the American worked looked brighter than ever before.
Not only did wholesale inflation for Nov come in red hot, but the last 3 months were also revised higher; headline exploded 0.4% M/M, pushing Y/Y to 3.0% while core (pictured here) jumped to 3.4% Y/Y and continues rising much faster than the pre-Jan '21 average: pic.twitter.com/whyLnc7aXI
— E.J. Antoni, Ph.D. (@RealEJAntoni) December 12, 2024
One thing Joe Biden didn’t lie about, though, is that the American economy was doing better than our peers, but that isn’t because America was doing so hot, but because all Western leaders have been pursuing policies that destroy economic growth, innovation, and improved prosperity for their citizens.
We may not be getting to Net Zero on carbon emissions, but we are exceeding that goal when it comes to improving living conditions. […]
— Read More: hotair.com
