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Re: Here's who's buying panic rooms and bullet-proof doors amid crime fears in NYC - and it's not who you'd think
In news:v23s4a$1b7a6$1@xxxxxxxxxxxxx, Bob F <bobnospam@xxxxxxxxx> typed:
> On 5/15/2024 7:50 AM, Scout wrote:
>> "Richard" <remailer@domain.invalid> wrote in message
>> news:20240515.070054.aaa3b050@xxxxxxxxxxxxxxxx...
>>> In <v209qn$aj4h$1@xxxxxxxxxxxxx> Frank wrote:
>>>> On 5/14/2024 2:12 PM, ðŸËoŽ Mighty Wannabe âÅ" wrote:
>>>>> Frank wrote on 5/14/2024 12:11 PM:
>>>>>> On 5/14/2024 9:18 AM, ðŸËoŽ Mighty Wannabe âÅ" wrote:
>>>>>>> Scout wrote on 5/14/2024 7:28 AM:
>>>>>>>> "ðŸËoŽ Mighty Wannabe âÅ"" <@.> wrote in message
>>>>>>>> news:iNp0O.3481$ifn.1768@fx05.ams1...
>>>>>>>>> Frank wrote on 5/13/2024 10:28 AM:
>>>>>>>>>> Then your favorite DA will reduce felonies to misdemeanors
>>>>>>>>>> except in the case of Trump where a small misdemeanor is
>>>>>>>>>> tried as a felony.
>>>>>>>>> In most countries in the world, inciting an insurrection to
>>>>>>>>> usurp power is a high crime punishable by hanging.
>>>>>>>> Well in most countries in the world you would actually need to
>>>>>>>> engage in an insurrection to be charged much less convicted of
>>>>>>>> it.
>>>>>>> The fat weasel is too cunning to personally engage in an
>>>>>>> insurrection riot. I was watching all the news channels on
>>>>>>> internet on and around Jan 6. I have watched his speech on
>>>>>>> GAB.com and at the White House. I am sure the fat weasel would
>>>>>>> be guilty of summoning and inciting the insurrection mob to
>>>>>>> riot at the Capitol to usurp power by force, by any
>>>>>>> international standard.
>>>>>> TDS has no borders.Ã, Tell us what you like about your leader.Ã, I bet
>>>>>> you love him.
>>>>>> BTW Trump looks leaner these days.
>>>>> Our leader has become a spineless weasel blindly following Uncle
>>>>> Sam's marching orders. His father should be rolling in his grave.
>>>>> I might stop voting Liberal in future elections.
>>>> So now you know that we have the same type leader in Biden. Most
>>>> know it but many are blinded by TDS.
>>> Biden is not a leader though. He's a stooge being pushed along by
>>> Obama retreads.
>> Let's put it this way... in all of Joe's political history about the
>> only thing he can point to as his achievements was getting elected to
>> office.
>> He has been, is and will be nothing but an empty suit that follows
>> the mandates of the DNC.. not the American people.
> Other than overseeing the survival of thousands from covid, restoring
> USA economic growth after tRump crashed the economy, raising income
> for hundreds of thousands of American workers, rebuilding /America's
> infrastructure, setting the lowest unemployment rates in 50 years,
> actively bring manufacturing back, .........
The Spin: Americans Are Getting Poorer While Prices Keep Going Up
Americans' real weekly earnings dropped sharply in April and still remain well
below their level when President Joe Biden first took office, according to data
from the Bureau of Labor Statistics (BLS).
Real average weekly earnings fell to $1,191.93 in April, declining by 0.4% in
the month and 4.8% compared to the start of Biden's term in January 2021,
according to data calculated by the Daily Caller News Foundation from the BLS.
Prices have risen over 19% since Biden first took office and 3.4% in the last
year, degrading the value of Americans' wages.
The decline in earnings is also due in part to a decrease in the average number
of weekly hours worked, which fell from 34.9 in January 2021 to 34.2 in April,
according to the BLS.
Real wages have been degraded due to persistently high inflation under Biden,
which was measured in April at 3.4% year-over-year after peaking at 9% in June
2022.
The average number of hours worked per week has declined because employers are
resorting to cutting hours and shifting to part-time jobs to offset the increase
in costs and slack in business conditions. Gross domestic product measured just
1.6% in the first quarter of 2024, representing a major slowdown in the growth
of the U.S. economy.
Average hourly earnings rose again in Apr but fell in real terms as inflation
outpaced wage growth; here you can see how wages have rocketed higher since
Jan '21, but fallen significantly after adjusting for inflation - you got a
raise, but it buys you less: pic.twitter.com/XtyTxvsFhm
- E.J. Antoni, Ph.D. (@RealEJAntoni) May 15, 2024
Biden has repeatedly claimed that he has brought inflation down, falsely telling
CNN and Yahoo Finance that the inflation rate was 9% when he took office when it
was really around 1.4%. Immediately following that claim, Biden falsely asserted
that "the pay for the jobs are outpacing the inflation rate that they're
paying."
The president also touted on Wednesday that "inflation has fallen more than 60%"
from its peak. While the inflation rate has decelerated around 62% from its
peak, inflation has not fallen, and the rate continues to fail to come close to
the Federal Reserve's target range of 2%.
The number of people employed in part-time positions because of poor business
conditions or they could only find part-time work increased by 161,000 in April
compared to the previous month, according to the BLS. Around 1 million more
people held part-time jobs in April compared to the previous year, while the
number of people employed in full-time jobs declined by 557,000 in that same
time frame.
In accordance with rising costs and shrinking wages, the cumulative amount that
Americans are holding in savings has declined in recent months, totaling just
$671 billion in March, compared to over $1 trillion the year before. Credit card
delinquencies greater than 90 days have also risen substantially in the past
several quarters as Americans look for ways to finance through the increase in
costs and the loss of income.
Persistent inflation and low growth have worried some economists that the
economy is entering a period of stagflation, which wreaked havoc on the wages
and purchasing power of consumers in the 1970's and 1980's.
Biden has also repeatedly claimed that inflation is being fueled by "corporate
greed" through companies marking up prices to squeeze consumers. The Federal
Reserve Bank of San Francisco disproved this claim by pointing out that
corporate markups tracked closely with other economic recoveries following the
COVID-19 pandemic.
Persistent inflation poses a major issue for Biden's 2024 presidential
reelection campaign, with 80% of voters surveyed by the Financial Times and the
University of Michigan's Ross School of Business saying inflation was one of
their top three financial stressors. Around 49% of those surveyed believed that
Biden's policies have hurt the economy.
The White House did not immediately respond to a request to comment from the
DCNF.
https://dailycaller.com/2024/05/15/americans-getting-poorer-prices-going-up/
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