Biden’s Thanksgiving Dinner! Turkey Prices UP 235% Under Biden, Gasoline Prices Up 47% (M2 Money Growth Slowed To -3.6% YoY) – Confounded Interest – Anthony B. Sanders

Biden’s team is bragging about how “they” are making Thanksgiving more affordable! But remember, every little thing Biden says is gibberish. Or an outright lie. Even other Democrats are taking Sting and The Police’s advice of not standing too close to Biden.

Yes, prices of turkey (that we eat) and gasoline (used to drive to family/friends) have declined a little recently. BUT turkey prices are still up by 235% since Biden was sworn in as President. And gasoline prices are still up 47%. One of Biden’s “economists” came out and said gasoline is now lower than it was in 2020. WRONG! Look at the chart below from The Federal Reserve of St. Louis.

Being politicians, The Biden Administration take credit for RECENTLY declining prices, but failing to mention that declining prices have more to do with declining M2 Money growth (now -3.6% YoY) after the enormous burst in Federal spending with Covid.

With turkey prices up 235% under Biden, I will be eating turkey SPAM tonight. And a small portion at that!