You can’t say the Biden administration’s bragging about “Bidenomics” isn’t entertaining.
Hey, look at inflation. It is now down to….uh….3.7% – over 2 1/2 times the 1.4% it was when Biden took office. But, hey, it is much less than the 9.1% it jumped to over Biden’s first year and a half as President. So that’s lower, right?
If you say “yes it is”, please signify by also acknowledging your belief in a guy named Jack and his ability to grow beanstalks.
But at least mortgage rates are nice and lo..
…..uh, well, wait a minute on that one too.
The latest data just came out. They show the average mortgage rate for a fixed 30 year loan is 7.47% – the highest in 23 years. And, like inflation, it is a solid 2 1/2 times as much as when Biden took office.
There you have it, folks. Rampant inflation and sky-high mortgage rates.
Yep, that sure is something to brag about…if you happen to be a doddering, increasingly senile 80 year old who counts on his media lapdogs to look the other way while he makes a fool of himself.
If, however, you are not such I person, I assume – for your sake – that you think a tad differently about “Bidenomics”.
