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What I'm about to post is fucking beautiful. No, it's not naked pictures of swimsuit models. It's better. The reason it's fucking beautiful is that it encapsulates the silliness of the democrat party and at the same time, it embarrasses the fuck out of them.
Without further ado, I'll let the black, female mayor of the most liberal city (San Francisco) in America tell you about it.
Adversity temporarily visits a strong man but stays with the weak for a lifetime.
Bidenflation Stole Christmas: Retail Sales Much Lower Than Expected in November
Americans slowed their spending by more than expected in November, suggesting that the fastest inflation in decades and shortages have become a drag on the economy and that many Americans got their holiday shopping early this year. Retail sales rose by a seasonally adjusted 0.3 percent in November from October, a significant slowdown from the 1.8 percent jump in the prior month, the Commerce Department said Wednesday. Economists had expected sales to grow by 0.8 percent.
Prices jumped 0.4 percent in November, which means that the growth in retail sales lagged inflation. That’s an indication that households may have purchased fewer items at higher prices rather. In real terms, retail sales may have contracted.
The disappointing number follows three months in which spending exceeded expectations. Many economists mistook the stronger than expected sales earlier in the year as a signal that holiday sales would be particularly strong.
Instead, it was likely a sign that many households did much of their holiday shopping early this year, hoping to avoid prices pushed up by inflation and wary of shortages due to supply chain constraints. Breitbart News analysis has warned several times that inflation and shortages appeared to be pulling shopping forward on the calendar and that sales during the traditional holiday shopping season were likely to be weaker than expected.
Here’s how the Breitbart Business Daily newsletter (subscribe here for free) explained this on November 16:
Americans went on something of a shopping spree in October. Economists had predicted retail sales would rise by one percent compared with the previous month, an acceleration of the pace of spending growth from the 0.7 percent gain reported in September. On Tuesday, however, the Department of Commerce said that spending had leaped up 1.8 percent from the previous month. What’s more, the September figure was revised up a tenth of a point.
The framing from the Associated Press of this news was typical of the establishment media’s weird reaction. “Defying inflation, Americans ramped up spending last month,” the AP headline declared. A better interpretation would be to say that Americans ramped up spending because of inflation. After all, with prices soaring on almost everything, Americans had little choice but to spend more or cut back. Spending at grocery stores, for example, rose 1.1 percent not because Americans were defying inflation but because groceries were more expensive.
Adversity temporarily visits a strong man but stays with the weak for a lifetime.
Jen blew the answer to the question she called the CBO report FAKE.
But failed to state WHY!
It's been proven that the bill will really cost 5.1trillion over time.
In these times of pandemic recovery does ANYONE (besides BSM2 .. Copier Addict and SSG believe that it will not add ONE PENNY (as Biden claims) to the national deficit?
Hell biden's energy changes have ruined the economy.
His border czar (kamalatoe) is failing in her job.
Russia .. China .. Iran and Noko are pushing the military envelope and Biden just caved to Vlad by not send military aid to Ukraine.
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