As Joe Biden Turns 81 Today, Inflation's Up 18.2% During his Presidency & He's Cheering 'Bidenomics'



As Biden turns 81, Questions about His Mental Competencies Grow Louder

WASHINGTON, D.C. (Texas Insider Report) — 
As the 1st Family again sought to keep the president's Monday birthday muted and out-of-sight this year, the moment is nevertheless highlighting his greatest liability – his advanced age and voters ever growing concern that his physical and mental fitness is no longer up to the responsibilities of being president.
 

As he presided over the Annual Thanksgiving Turkey Pardon this morning, Mr. Biden confused pop stars Britney Spears and Taylor Swift, saying that being the National Thanksgiving Turkey is,

“harder than getting a ticket to the Renaissance Tour or Britney’s tour she on – it’s kind of warm in Brazil right now.”

He was confusing Britney Spears with Taylor Swift, who is currently on the South America leg of her "Eras" tour.

He also offered multiple jokes about his age, as Biden is already the oldest commander in chief in U.S. history. If reelected, he will be 82 at the start of his second term – and 86 when it ends.

“I just want you to know – it’s difficult turning 60, difficult,” he told the turkey pardoning audience while laughing.

Among the most telling beliefs of the American Electorate, and of particlar note to the Biden White House and campaign teams, was the recent New York Post/Siena College Poll showing Biden losing to former President Donald Trump in 5-out-of-6 crucial swing states.

The age liability is coming into sharper focus almost by the day. A spate of recent polling, including a new CNN poll, indicates it’s a chronic issue with voters.

And that comes on the heels of a whopping 74% of respondents saying Biden was too old to run for another term in a Washington Post/ABC News Poll conducted in September. The 74% figure shows a 6% increase since May, a month after Biden announced he would be seeking his second term in the White House.

The polling has led to an increasing number of well-known Democrat Party Officials recently expressing their lack of confidence in Biden’s chances, and places a souring mood over his campaign as more Democrats see compounding questions about his difficulties to overcome with a year to go to the election.

Biden's most common response to those who press him on his age has been, "Watch Me."

Evidently, they have. 

Inflation is Up 18.2% Since 2021, yet Biden Cheers "Bidenomics" and Latest Dismal Numbers
 

While Mr. Biden tried last week to present the latest inflation numbers as good news for his economic policies, prices have, in fact, skyrocketed a staggering 18.2% when compared to October 2020 – when the nation was grappling with a COVID-induced lockdown.

However he tries to sell October’s Consumer Price Index numbers, American Consumers who continue to feel the bite of exorbitant prices increases for groceries, rent, vehicles, and fuel say they can find little solace for pocket-book issues since he's been president.

Prices for almost everything are – or have been on the rise during his time in office, yet joked Mr. Biden while at a New York City campaign event in September:

“I’ve never been more optimistic about our country’s future in the 800 years I’ve served.”
 

Data from the US Inflation Calculator reveals that the cost of a dozen grade-A eggs has surged by an astonishing 47% over the past three years, now priced at $2.07, up from $1.41.

Similarly, the price of a pound of ground coffee has jumped to an average of $6.18, compared to $4.52 in October 2020.

  • According to apartment search engine Rent.com, the median monthly asking rent in the United States last month was $2,011.
    • In October 2020, it was $1,667.
  • Monthly mortgage payments have also surged according to American Community Survey Data:
    • The National Association of Realtors reports that the average monthly mortgage payment on a single-family American home was $2,317 at the end of 2022.
    • That marks a $696 dollar – or stunning 42.9% increase from 2020 when the average monthly mortgage payment was $1,621.
Other staples that rose roughly 33% from October 2020 to October 2023 include:
 
  • White bread is up 50 cents to $2
  • Potato chips & Chocolate Chip Cookies are both up over $1
  • Ground chuck, bacon, sirloin steak and chicken are also up more than 22%
  • New car average prices are up to $48,008 as of March 2023
    • that compares to an average price of $41,152 in 2020 (according to personal finance site MoneyGeek)

To put gas in the car, drivers were shelling out an average of $3.35 a gallon as of last Wednesday according to AAA – some 36% more than the $2.14 average price-per-gallon in October 2020

“I wouldn’t count on prices broadly declining,” said Moody Analytic’s chief economist Mark Zandi recently, when asked about the future of grocery prices.

High prices continue to squeeze consumers from all sides, including housing, where rent has surged more than 20% during the past three years.

Meanwhile, Joe Biden has continued to push his "Bidenomics" agendaclaiming it as a success for the American people.

He has consistently claimed Bidenomics has “reduced the [government’s] deficit,” despite recently-released Treasury data showing that the red ink has doubled over the past yearfrom about $1 trillion dollars to $2 trillion dollars.

















 
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