Stock Market Now Lower Than When Biden Was Installed

And during the debates preceding the election, Trump warned the stock market would tank if Biden was elected. Don't worry though. The WH changed the definition of a recession, said inflation wasn't a problem (even though food and energy have been removed from the CPI market basket) and that the economy is in a good position.

https://dcenquirer.com/joe-biden-stock-market-crash/

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DallasCowboysFan · 61-69, M

Not only is the stock market lower, but so is the purchasing power of your paycheck with 9 percent inflation.

graphite · 61-69, M

@DallasCowboysFan But no mean tweets and Democrats are fighting white supremacists - all 3 of them - and pushing, pushing, pushing for unlimited abortion and genital mutilation of children.

BizSuitStacy · M

@DallasCowboysFan 9% is understated too. The market basket used for the CPI excludes food and energy. Years ago, those products were included in the mix to calculate inflation. The truth is we're probably well over 20%.

DallasCowboysFan · 61-69, M

@BizSuitStacy Yeah, the CPI is a moving target. They keep changing the formula to make it more politically favorable.

It's worse for the EU.

They have to buy fuel priced in dollars and their currency has dropped 25 % ? in the last year. Last year it was about 1.18 / 1.15 to the dollar and now it is .96.