Bidenomics and Food Insecurity
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Yeah, the hits keep coming on to Bidenomics. And yes, they keep touting it. They keep touting how wonderful Bidenomics is. Well, if Bidenomics in action, that’s what they always say, it’s Bidenomics in action. Give me a Bidenomics in action. Food insecurity. Yep. Food insecurity in the United States is the highest it’s been in 11 years, 17 million households starving. Again, these are government numbers.
Okay, this is Biden’s United States Department of Agriculture. We’re at levels we haven’t seen since the Obama administration. The USDA found that 87.2% of households were food secure last year. The remaining 12.8 17 million households were food insecure. Yep. Again, food insecure household. Those with low…
and very low food security had difficulty at some time during the last year providing enough food for all their members because of lack of resources. Again what will be the answer from the donkeys is ah it’s because of those republicans they’re cutting off access to all that money that we were handed out due to coven food stamps we need more food stamps no we need an economy that makes sense we need to get rid of
by nanomics, which is wrecking everything at this point in time. I’ve been singing this idea for some time, because there’s this constant discussion about when the recession are we going to have a recession in 2024? No, no, it may come in 2025. I’ve been saying this for a while. I said, for a large swath of the country, we are already in a recession.
You can take your official call from the NBER and put it where the sun don’t shine. As far as I’m concerned, I can see what’s going on the ground. We can all see what’s going on around the country. Does it look like a country that we’re thriving? I know GDP numbers were up last month. Do you honestly believe that? Did these people throw numbers at you?
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And they tell you to believe them. And then they parade these economists out there, the Paul Krugmans and the Alan Blinders and the Robert Reises and all these others telling you that everything is awesome. When we all know that that’s quite frankly, not the case. It was actually this past week, I was actually talking to somebody in this column, I forget the name of the author here. But anyway, talking about,
you know, another number that I haven’t even brought up, quite frankly, and again, I want to bring it up as regards to tax receipts to the federal government. I should have pointed this out. 10% year over year last quarter. 10% does that sound like the economy if GDP was so awesome, if everything was so great, the economy is booming. Why in the world are tax revenues down?
and down as much as they have been.
Now, I get it. You know, 2021, you had stimulus payments and all that crap. Because again, they tax that. But you’re taking a look now. And the tax revenue has fallen off a cliff. So yeah, buy Dynamics. You’ve got a recession that’s here that no one is calling. No one is calling it. We all know it’s here. We can all feel it’s here. Again, the pundits won’t.
Um, and got food insecure. I mean, we can go on and on and on people. Again, I don’t know. I don’t know what the voter is going to do this time around. Again, I hope, I hope James Carville, uh, in his infinite wisdom back during the years that Clinton running for president, it’s the economy stupid. And hopefully people will vote with their wallets and their pocketbooks and make better choices.
(04:24.91)
Choose a little bit more wisely. Watchdog on wallstreet.com.
