August 20, 2023 

Gaslighter In Chief: Biden To Spend $25 Million To Convince Americans Living Paycheck To Paycheck That Their Empty Wallets And Their Drained Bank Accounts Aren't Real

By Susan Duclos - All News Pipeline

Joe Biden, or since many of believe he is not "all there", maybe it is handlers, are spending $25 million on television and digital campaign ads to be shown in battleground states in August, and his focus will be the economy, which he so loves to call "Bidenomics."

The liberal media, such as CNN, reports that this is the Biden campaign's "latest effort to improve voter perceptions about Biden’s handling of the economy."

The campaign ad ignores quite a few aspects of the economy, which is indicative of the Biden regime's complete ignorance of what American families are going through, as "51% of Americans say they think the economy is still in a downturn or getting worse," according to a CNN poll. 

Given CNN's  proclivity for protecting the Democrats, those numbers are probably worse.

What the Biden campaign is attempting to do is to tell people looking at their 15% higher grocery bills since 2020, their dwindling bank accounts and their near empty wallets, that what they are seeing and experiencing, is all a mirage.

Via CNN:

Biden’s ad push, which will include several forthcoming ads, will run for 16 weeks on broadcast and cable television in the battleground states of Arizona, Georgia, Michigan, Nevada, North Carolina, Pennsylvania, and Wisconsin, officials said.

The campaign is also placing ads in Hispanic and African American media in each of these states – as well as a targeted buy to reach Hispanic voters in Florida – as they look to court key voting blocs ahead of the 2024 election. This represents the largest and earliest buy a re-election campaign has ever placed in Hispanic and African American media outlets, a campaign official says, along with the largest overall buy for a re-election at this point in the cycle.

While they focus on battleground states, the entire $25 million spend is an attempt to create a fantasy to replace reality.

Below, we'll take a look at said reality.

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REALITY VERSUS BIDEN'S FANTASY WORLD....

As a hat tip to the image above found on Bing images, we'll begin with a recent piece from Axios, which explains that new automobiles for $20,000 are now a thing of the past, forcing car buyers that cannot afford more than that into used car lots where prices have spiked in recent years.

Driving the news: The last remaining new car with an average transaction price of less than $20,000 in July was the Mitsubishi Mirage compact car, according to Cox Automotive.

• And Automotive News reported this week that the Mirage is being discontinued.

• Mirage sales totaled only 1,974 in the second quarter of 2023, down 57% from a year earlier.

According to that same piece, new cars are now averaging $48,000, "and they haven't averaged less than $30,000 in well over a decade."

Yet another way the Biden campaign ad, bragging about how great the economy is, shows how completely tone-deaf the regime is, is the fact that 61% of Americans that these campaign ads will be targeting, are living paycheck to paycheck, with little or no money left over after paying for essentials.

For many Americans, payday can’t come soon enough. As of June, 61% of adults are living paycheck to paycheck, according to a LendingClub report. In other words, they rely on those regular paychecks to meet essential living expenses, with little to no money left over.

Almost three-quarters, 72%, of Americans say they aren’t financially secure given their current financial standing, and more than a quarter said they will likely never be financially secure, according to a survey by Bankrate.

Another way the Biden regime shows they're disconnected from reality by attempting to gaslight Americans about the state of the economy, is food costs.

Using July which is the last month the numbers are in for, and starting with 2021, which is when Biden began occupying the White House, Americans are paying 19.2% more for food, just under Biden.

July 2023, food inflation alone cost 4.9% more than July 2022. In July 2022, food inflation rose 10.9% over July 2021. In July 2021, food inflation rose 3.4% over what it was in 2020.

4.9% + 10.9% + 3.4% = 19.2 percent. (Source) 

Has your income risen by 19%?

August numbers will be released on September 13, 2023.

The Americans Biden will be targeting with his "the economy is great" campaign ad, are also the same ones that have seen their pandemic savings wiped out.

"Consumers have spent all of their excess savings from the pandemic. That's just one reason why stocks are poised to fall, JPMorgan says"

In a Thursday note, he said consumers have spent down the entirety of their excess savings from the pandemic, which at one point totaled more than $2 trillion. That tailwind is now over, according to the bank, and consumer spending could soften further as student loan payments restart in October.

"Our estimate of excess savings for US households when adjusting for inflation is now fully exhausted from a 2021 high of $2.1 trillion, with risk of widening imbalance if outlays accelerate," Kolanovic said.

U.S. personal savings have fallen to lower levels than before the pandemic began, declining by roughly $5.5 Trillion since April 2020, was a message Barchart sent their social media followers, along with the following chart.

Americans now have less savings in their bank accounts than before the Covid "Plandemic" hit the U.S. economy.

The Hill put out a piece on August 18, 2023, titled "‘Bidenomics’ has failed both as a policy and as a slogan," where they add a little more critical information to paycheck to paycheck numbers.

According to a recent survey by Lending Club, 61 percent of Americans are living paycheck-to-paycheck. What’s more, about 75 percent of those earning less than $50,000 and 65 percent of those making $50,000 to $100,000 per year are struggling to make ends meet on a monthly basis. Incredibly, even 45 percent of Americans earning more than $100,000 say they are living paycheck-to-paycheck.

The entire Hill piece is well worth the read since the write details exactly what Biden policies have have damaged Americans, from Biden's (handlers) anti-fossil fuel energy stance to $4.8 trillion in new borrowing to date to Biden massive increase to regulations.

BOTTOM LINE COMMENTARY

The majority of Americans today are worse off than they were when Biden took office. That is especially egregious when you think the Covid "plandemic" began in 2020, while president Trump was still in office, and while state leaders were busy destroying the economy with their state lockdowns and shut downs.

Biden's attempt to gaslight Americans about how great his economy is is going backfire in a spectacular way, as Americans seeing Joe Biden's campaign ad look at their grocery bill each week or month, their lack of savings, and their emptied wallets.

I predict that the Biden campaign is going to spend $25 million to make Americans very, very angry at the attempt to tell people, "don't believe your own eyes, believe me instead!"

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Thank you and God Bless. Susan and Stefan.

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