The cumulative price increase in the United States since 2019 is 31%. If your income hasn’t risen by 31% between 2019 and now, you’re economically fucked !
The Covid epidemic was inevitable for the US economy (though Xi Jinping is still an asshole). Joe Biden had managed to get inflation under control without killing growth. The war against Iran was—or is, nobody knows—completely pointless, yet it reignited the fire of rising prices. Especially for diesel. That’s going to feed directly into transport costs—and therefore the price of my tomatoes, since Los Angeles doesn’t produce any.
Not to mention that growth based solely on superintelligence instead of true industry (see picture)—not Donnie Boy’s intelligence, he has none, but Silicon Valley’s kind. It creates no jobs, enriches only a few tycoons, and drains global investment capacity. Icing on the cake : the crisis surrounding the debt interest rates raising is directly linked to the excessive global demand for AI investment.
How dare this moron president talk about of a new golden age ? That’s not how my real life is going !
