Trevor Noah recently made this joke:
“Things are really looking up during your time in office Mr.President, rent is up, inflation is up”….etc, etc. The joke garnered laughs from the entire crowd—especially Biden himself.
While the joke is spot on, nothing about this is funny. No one, especially the chief resident at the White House nursing home should be laughing at this.
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Inflation has hit a 40 year high, and it is likely much higher than is actually being reported. Keep in mind that 40% of all the U.S. Dollar bills in circulation were printed during just 1 year of the pandemic.
U.S. GDP fell 1.4% in the first fiscal quarter of this year, and markets have taken a hit, and show signs of a continued downtrend as