“Food costs hit 30 year high.
Between ongoing inflation and shriveling real incomes, we’ve lost a generation of prosperity.
For centuries each generation of Americans was richer than their parents — often twice as rich. This has now broken, whatever happy-talk government statisticians feed us.
From food costs to life expectancies to home size and home ownership, we are going backwards for at the fastest pace since the 1930’s.”
Bidenomics = stagflation
recession-inflation the inflation rate is high or increasing, economic growth slows, & unemployment remains high.
Here are some real numbers.
GROK has calculated the actual inflation rate at 20% pic.twitter.com/WoOizyT1by
— Nick Koutrakos (@NickKoutrakos) February 26, 2024
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