VP Harris was speaking at a “reproductive rights” forum in Iowa recently, whining that if a single mother needed to have an abortion, they’d have to travel elsewhere to get it, causing her to spend money on child care, lose time from work, pay for the plane, train or bus ride (or gas) and a hotel stay…Then she went on to say that “most Americans are a $400 expense away from bankruptcy.”
Yes, Kamala, that is true, it’s what happened when the Democrats took over the Oval Office. Immediately upon the installment of the Biden-Harris administration, the country went down the tubes and inflation took over. Higher gas, higher energy bills, higher food prices, higher everything. And these Democrat knotheads laughably tout that inflation is going down under their watch. So they raised the price of everything 30% and they’re congratulating themselves because it’s down to 20%.
GOP presidential candidate and South Carolina Senator Tim Scott responded to Harris’ statement by saying, “Yeah, that’s called Bidenomics and it’s a problem…Americans have lost $10,000 in spending power because of the Biden-Harris agenda.”
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The $400 number comes from a recent Morning Consult survey that shows in the third quarter of this year only 46% of Americans could cover a $400 unexpected expense without going into debt. If Americans were to get a surprise medical bill or car repair, they are in trouble because of Bidenflation. Fortune also said in January that 57% of Americans can’t afford a $1000 emergency expense.
The only reason the economy hasn’t crashed yet is because Americans are living on credit. A recent GOBankingRates survey found that 30% of Americans have between $1,001 and $5,000 in credit card debt, 15% have $5,001 or more in credit card debt and about 6% have more than $10,000 in credit card debt. That means 14 million Americans have over $10,000 of credit card debt. This month, Americans’ credit card bills surpassed $1 trillion – as the interest rates continue to go up and up and up.
And Fox Business reports on Moody’s Analytics that show Americans are spending a whopping $709 more a month on everyday goods and services than they did two years ago. That’s not chump change!
So while the Democrats spin their lies about us being in the middle of a good economy, I really don’t think that should be one of the things they run their election campaigns on since most of us live in the real world out here – and agree with Kamala that Biden sucks.