😳Americans Need Additional $11,400 Annually Just to Afford the Basics – US Govt Data

The typical American household must spend an extra $11,434 per year just to maintain the same standard of living they enjoyed in January, 2021 - right before inflation soared to 40-year highs, according to a recent analysis of govt data by CBS News.

#Bidenomics

@RiseGS

❌ #Bidenomics #FJB

@RiseGS

📉 JUST IN: Iconic US Retailer Macy’s Announces Plans to Close 150 Stores

Recession... what recession?

#Bidenomics

@RiseGS

💵US Dollar has lost 25% of purchasing power since 2020

For every $1 an American had - is now worth $0.75 of goods.

#Bidenomics

@RiseGS

❎ JUST IN: Q4 US credit card delinquency rates highest ever on record - Federal Reserve Bank of Philadelphia report

#Bidenomics

@RiseGS

📈 NEW: Unemployment rate in US continues to rise, ticks up to 4%

In May, 263k foreign-born workers joined the labor force in the US - while 171k native-born American workers left… #Bidenomics

@RiseGS

📉 Walgreens to close up to 2,150 stores nationwide across US - which will likely result in a headcount reduction of around 57k employees for the pharmacy chain

This is fine… #Bidenomics

@RiseGS