Why is the fake news media boasting about the great results of "Bidenomics" and the Democrat's great economy when they have DOUBLED+ child poverty?

[RingOfFire]

US poverty rate jumped in 2022, child poverty more than doubled: Census

Starving children is what the Democrats call a successful economy?

Updates

+1 y

Democrats measure their economic success by how many more children they can starve? Can't abort 'em fast enough so lets starve the ones who get away to death?

[exitseven]

Biden's policies have been a disaster since Day1. Nobody is fooled by the constant barrage of lies about how successful Bidenomics has been. Anyone who buys food, fuel or building supplies knows that everything is twice as much money as it was 3 years ago. Credit card debt is over a trillion dollars and once people start defaulting on that debt you will see more banks going under.

[RingOfFire]

Impressive post. I blog on economics and finance and have written about these exact same points recently.

[RingOfFire]

In addition to credit card debt, mortgage debt and auto loan debt are at all time record highs. And with interest rates increasing the monthly payments are skyrocketing since much of this debt is variable rate and/or must be refinanced at the new higher rates. Consumers are tapped out because of the inflation caused by the Democrats reckless spending spree. It's only a matter of time before they can no longer pay the bills.

Banks are already taking a gigantic hit because of the commercial real estate market which is in dire condition. Buildings are going out of business because of work from home policies that have left offices empty. The banks that hold the mortgages are on the edge, and some of them already went under. These are mostly medium size regional banks.

[exitseven]

Yes, the economy has become a house of cards. Pretending a problem is not there does not fix the problem.

[RingOfFire]

Gotta love how the headlines feature "Core Inflation" when it isn't politically expedient for inflation to look so bad.

It counts everything but the things people actually need to spend their money on: conveniently excluding food and energy which are the very things that are being pummeled the most by this administration and murdering households from coast to coast these last two years. How wonderfully convenient for them to be able to eliminate them from the headlines.

It's like declaring the winner of a baseball game excluding runs scored.

[exitseven]

Yes, my wife bought cold cuts last week. We usually don't have them. They were over 15 bucks a pound. That is triple what they were 3 years ago. I am not making 3x my salary.

[RingOfFire]

Unreal! You have to take out a mortgage just to get some Chinese food these days.

[exitseven]

@RingOfFire. Between Covid and having Biden in the White House I feel likeci just landed on Mars

[slatyb]

Typical Republican blame-shifting. The Republicans voted against extend the policies put in place during the pandemic that reduced child poverty.

The Republicans have been playing this game since W -- if they control either the House or the Senate while a Democrat holds the Presidency, they do all they can to block anything and everything proposed, then blame the administration for the ensuing failures.

[NaultD]

It was almost like the emergency covid19 child tax credit should be a permanent place for diminishing child poverty.

If only the republican party members voted to continue.

You republican cunts are the people that destroyed that program. Fuckface.

[ScisorsAndRaisins]

Because libtards will believe anything their talking box says.

[gorydetails]

Best part is they’re trying to blame the child tax credit…as if the dems hadn’t been in power for two years to extend it.

[AnnaSorokin]

Because they are all liars

[RingOfFire]

"Trying to forget"

That's profound for just three words.