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What’s Ahead for America During Biden’s Last Years

May 17, 2022 By Debbie Young

By Piotr Krzeslak @ Shutterstock.com

In reviewing Joe Biden’s record, yes, we can expect 6 million jobs are coming back after the horrible, unnecessary COVID lockdowns.

But as Theodore Roosevelt Malloch points out in American Greatness, April unemployment stood at 3.6%, which means some 5.9 million are unemployed and over 11 million job openings are unfulfilled. It appears many people don’t want to work. Many more have left their jobs, evidently preferring government handouts.

Illegal Immigration up 317% 

By opening the borders, wide, Joe Biden has also harmed the middle class. Illegal immigration is up a whopping 317% in just a year and a half, reports Mr. Malloch

Under Joe Biden, Inflation Is through the Roof

  • Consumer Price Index Highest in 40 Years
  • Gas up 49%
  • Food up to almost 15%
  • Baby Formula? Missing!

The consumer price index is up to 6.8 percent, the highest in 40 years, and the real measure of overall inflation puts the total closer to an out-of-control 10 percent.

Forecast: Widespread Shortages

Gas alone is up an astounding 49 percent. Food is up close to 15 percent and baby formula is practically unavailable. Widespread food shortages are forecast.

Will the Biden Misery Index Hit 16% or More?

Under Joe Biden, inflation is going through the roof. Do the math yourself, encourages Mr. Malloch: Wages are down 2.2%, which is hitting “average Joe” hard.

Many families cannot afford rent, food, or the basics and it is only going to get worse.

Look for a Full Out Recession

But don’t worry, things can get a lot worse if the policies of the Biden administration are achieved:

  • The stock market will collapse
  • Housing prices will go through the roof
  • Gas prices will not abate, given that Biden and his leftist stalwarts insist on a decarbonized economy and persist in canceling oil and gas development here in America.

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Debbie Young
Debbie, editor-in-chief of Richardcyoung.com, has been associate editor of Dick Young’s investment strategy reports for over five decades. When not in Key West, Debbie spends her free time researching and writing in and about Paris and Burgundy, France, cooking on her AGA Cooker, driving her Porsche Boxter S through Vermont and Maine, and practicing yoga.
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