(Notice how no one from the Harris camp is crowing how good "Bienomics" is
now? You'd think they would during the anointed one's attempt.)

From: https://tinyurl.com/22r6mcth (postmillenial.com)

===
Food prices skyrocket under 'Kamalanomics'-haven't been this bad since the
Carter administration

The cost of "food at home" has increased by over 21 percent since Biden
and Harris took over the White House.

Katie Daviscourt Seattle WA
Aug 15, 2024

Americans are experiencing the consequences of increased grocery prices
under the economic policies of the Biden-Harris administration. The cost
of food has not been this high since the Carter administration.

Basic standard groceries - the cost of "food at home" - has increased by
over 21 percent since Biden and Harris took over the White House.
Inflation has been a top concern for Americans, with 77 percent of voters
viewing it as a "very important issue" heading into the 2024 election,
according to a recent YouGov poll.

Grocery prices have risen significantly under Harris's time in the White
House, despite the White House's attempts to minimize the impact of recent
price increases. Harris was instrumental in the legislative agenda that
resulted in this outcome. Her tie-breaking votes in the Senate were
instrumental in the passage of trillions of dollars in expenditure, which
many economists believe contributed to the inflation crisis, Breitbart
News reported.

Food inflation has increased more over the first 42 months of the
Biden-Harris administration than it has under any other president since
Jimmy Carter, and is the third-largest increase over the first three and a
half years of a presidential term behind Nixon's second term and Carter's
record, according to data dating back to 1952.

In comparison, during the first 42 months of Donald Trump's presidency,
grocery costs increased by just 6.3 percent.

Inflation is still on the rise and VP Kamala Harris, the presumptive
Democratic presidential nominee, will have to answer for her economic
track record as she attempts to secure the presidency in November.
===

-- Sean

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Re: "Kamalanomics"
By: digimaus to All on Thu Aug 15 2024 06:53 pm

Food prices skyrocket under 'Kamalanomics'-haven't been this bad since the
Carter administration

To be honest, you can argue you can have meaningful amounts of inflation in a healthy economy. The key for that to happen is that people's income increases with prices so families' purchasing power stays the same. Obviously not what is happening here, though.

It sounds to me like a good moment for americans with land to retreat away from the economy for a while and run a self-sustainable farm, Amish style. The way things are going, it will be hard to have a meaningful exchange of goods and services in a matter of years, ie. getting a job won't be enough for making a living anymore.


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