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Newt Gingrich reports on the average price of various commodities in May 2020 under President Donald Trump compared to those in May 2021 under President Joe Biden. Below are the staggering numbers:
- Gasoline: $1.77 under Trump / $3 under Biden
- Lumber: $332 per 1,000 board feet under Trump / $1,570 per 1,000 board feet under Biden
- Home Sales: $283,500 under Trump / $329,100 under Biden
- Coffee: $0.96 a pound under Trump / $1.50 a pound under Biden
- Wheat: $5 a bushel under Trump / $7.42 under Biden
- Corn: $3.19 a bushel under Trump / $7.22 a bushel under Biden
- Copper: $2.33 a pound under Trump / $4.76 a pound under Biden
The Biden administration is celebrating ending the Keystone Pipeline System and enacting other job-killing policies. BRIGHT editors note that Americans, however, are experiencing a different reality.
Meanwhile, Dick Young reminds me this morning while he was steeping our increasingly expensive Morning Joe that the 90-day Treasury rate is a John Belushi-like 0.00 percent. Yes, from “Animal House.” No matter how you look at it, it’s still zero.
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