Record large trade deficits for food supply.

‘As a physiocrat, this is the most alarming chart I’ve ever seen.’
https://twitter.com/1CoastalJournal/status/1834457143770317229

Soft landing confirmed 🛬 pic.twitter.com/zX7MgPiaV1

— The Coastal Journal (@1CoastalJournal) September 13, 2024

Source: https://www.ers.usda.gov/topics/farm-economy/farm-sector-income-finances/highlights-from-the-farm-income-forecast/

See also Americans face 7%+ mortgages, 4.2%+ inflation, and a 30% weaker dollar than in 2020. The basic American life now costs about 40% more income than it did in 2001

Under the Biden/Harris insane regulatory agenda, every aspect of getting food to your kitchen table became astronomically more expensive – from soil/farming equipment rules to trucking costs to refrigerating. Costs that get passed down to consumers.

Maybe he’ll start there. https://t.co/fivSZ5vknI

— Matt Whitlock (@MattWhitlock) September 13, 2024

See also Americans face 7%+ mortgages, 4.2%+ inflation, and a 30% weaker dollar than in 2020. The basic American life now costs about 40% more income than it did in 2001