Bidenomics for Dummies | The GDP EP.52

Welcomeeeeeee backkkk! We are back with an “ In the News” episode. Covering the latest and greatest in our lovely world. This week we cover some sports news, Biden’s Birthday, How to Budget and Jake takes us through an in depth eval on the current state of the economy.

Chiefs fan smeared by some media
https://youtu.be/-6hNihbluw8?si=9ZcMk2ADvOZMxiTc

Explosion Arlington, VA
https://youtu.be/yHS3mhE95Vc?si=cowDbGYMVAfae72o

Explosion at the rainbow bridge

https://www.instagram.com/reel/Cz9nO6fS2Ym/?igshid=NmJiYWZiY2E0Mg==
https://www.instagram.com/reel/Cz9wVCkPiGX/?igshid=NmJiYWZiY2E0Mg==
https://www.instagram.com/reel/Cz9XiyoP57o/?igshid=NmJiYWZiY2E0Mg==

Newsom and Cali to crack down on retail theft
https://www.instagram.com/p/C0Kc02US2Yl/?igshid=NmJiYWZiY2E0Mg==

The economy is “improving” via press secretary
https://www.instagram.com/reel/C0KxoivPg_Q/?igshid=NmJiYWZiY2E0Mg==
https://www.instagram.com/reel/C0SVZ6GvCqG/?igshid=NmJiYWZiY2E0Mg==

Some interesting Bidenomics performance metrics
401k's are down 25% and pension plans down 12% since Q1 2021.
Real wages down 3% under Biden, gas prices 35% higher than when biden took office, and Thanksgiving meal prices up 25% since 2019.
Sources: https://twitter.com/rncresearch/status/1732132000692089201?s=46
https://twitter.com/rncresearch/status/1732132000692089201?s=46

Russian visitors to sign “loyalty agreement” when entering country
https://www.instagram.com/p/C0PhEgLPsSK/?igshid=NmJiYWZiY2E0Mg==

Pentagon needs 25 billion in 2024
https://www.instagram.com/p/C0ceLRHyCbF/?igshid=NmJiYWZiY2E0Mg==

Congress provided $7.5B to fund EV charging stations - 2 years later zero have been installed.
https://www.politico.com/news/2023/12/05/congress-ev-chargers-billions-00129996

Speaking of funds being put to good use - Desanctimonious pledges $1M of proposed Florida budget to sue CFP committee
https://www.espn.com/college-football/story/_/id/39049738/ron-desantis-slams-cfp-says-sue-florida-state-snub