Tuesday, August 8, 2023

Bidenomics Update: Courtney's Open Tabs Flush

Courtney Is Judging You Now. 

Biden's handlers have moved aggressively to not just claim ownership of the economy, but to broadcast how good the news around it is. But most people are too broke to hear. 

* Americans are pulling money out of their 401(k) plans at an alarming rate: The number of people who made a hardship withdrawal during the second quarter increased by of 36% from the second quarter of 2022. 

* The price of food is soaring: Despite inflation cooling, the price of your taco fixings will continue to rise.

* Credit card balances above $1 trillion for first time: Americans increasingly turned to their credit cards to make ends meet.

* Joe's favored EV scam goes belly up: Biden's frequently praised electric vehicle company that his energy secretary made a killing in profit from sale of investments just declared bankruptcy.

* US housing affordability at an all-time low: Buying a house in the U.S. has become a luxury fewer and fewer people can afford.

In other news, Joe Biden visited the Grand Canyon Tuesday, declaring no one has a bigger G*d Damn hole in the ground in the entire world than we do! 

 

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