Libs Admit Biden Fucked the Economy

So I’ll get hundreds of dollars a year in savings on something that costs thousands of dollars to install?

Not just liberals, now even extremists socialists admit Biden is a complete fuck up.

freebeacon.com/biden-administration/bernie-sanders-trashes-the-biden-economy/

"‘Look, we're in rough shape right now. This is the reality.'"

You know the economy is complete shit when Bernie Sanders and Biden, two career establishment, economically illiterate idiots are going at it.

Target: 'Organized retail crime' has driven $400 million in extra profit loss this year

Target stores are getting looted, and it's taking a huge bite out of profits.

The discount retailer told reporters on a call to discuss its third quarter earnings results that inventory shrinkage — or the disappearance of merchandise — has reduced its gross profit margin by $400 million so far in 2022 compared to 2021.

"At Target, year-to-date, incremental shortage has already reduced our gross margin by more than $400 million vs. last year," Target CFO Michael Fiddelke said on the earnings call, "and we expect it will reduce our gross margin by more than $600 million for the full year."

Fiddelke detailed how there are "a handful of things that can drive shrink in our business and theft is certainly a key driver. We know we're not alone across retail in seeing a trend that I think has gotten increasingly worse over the last 12 to 18 months. So we're taking the right actions in our stores to help curb that trend where we can, but that becomes an increasing headwind on our business and we know the business of others."

A Target spokesperson told Yahoo Finance via email after the call the shrinkage was mostly specifically attributed to "organized retail crime."

news.yahoo.com/target-organized-retail-crime-400-million-profits-113006396.html

apnews.com/article/inflation-economy-business-9b044c8ada5aa538d539237be1da9d14

Transitory! Wasn't it just a couple weeks ago that inflation was over, I think the state of the union. Donkeys are economically illiterate. Remember when inflation wasn't a big deal because a Biden supporter thought his company planned for it and that made it ok? Holy shit. That's the thought process of Donkey voters.

Ernst Gives Biden ‘Squeal Award’ for Sending Billions in Federal Tax Dollars to California Rail Projects

On the same day President Joe Biden is expected officially to announce he is seeking reelection in 2024, Sen. Joni Ernst (R-Iowa) is giving the chief executive her latest Squeal Award—this one for the billions of tax dollars being wasted by “the Biden Boondoggle Express” on costly California commuter rail projects.
“Folks, your tax dollars would go a whole lot further if they were spent more wisely. The president has a kind of reverse Midas touch. But instead of turning to gold, the cost of everything he touches … increases faster than the price of gold. And each of these Golden State gravy trains are guaranteed to receive golden tickets aboard Biden’s Boondoggle Express,” Ernst said in an April 25 statement provided to The Epoch Times.

“Sold to taxpayers at a price of $33 billion (pdf) and a completion date of 2020 (pdf), this train still hasn’t left the station. Construction is costing about $1.8 million a day and it won’t be completed for another decade (pdf). The total price has skyrocketed to $128 billion—that’s nearly $100 billion more than the original price tag,” she said.
The California High-Speed Rail will connect Los Angeles and San Francisco, if it is ever completed.
“The Obama/Biden administration committed $3.5 billion (pdf) for this gravy train as a ‘shovel ready’ project more than a decade ago. President Trump stopped payment, saving nearly $1 billion. Now, the Biden administration has restored that money (pdf) and even added another [nearly] $50 million more, praising the project (pdf) as an example of President Biden’s ‘build back better’ approach,” Ernst said in her statement.

“Biden is ‘building that back,’ too, at the outrageous price of more than $1 billion per mile! Completion of the 6.5-mile subway extension was promised by 2026 (pdf) at a price of nearly $4.7 billion. It’s now been delayed for a decade (pdf) while the cost has doubled to more than $9.3 billion. While the subway keeps digging itself deeper in a hole, President Biden is pledging as much as $4.6 billion of taxpayer support, including $500 million, in his bloated budget,” Ernst observed.
Ernst also warned of yet another California rail project.
“These are just two Biden Boondoggles, but there are many more in the making. In fact, you don’t have to travel very far from where these other two gravy trains are being planned to run into yet another. At $5.15 billion per mile, the 1.3-mile extension of San Francisco’s rail service, the Caltrain, is on track to be one of the costliest transit projects in the world, and the planners are expecting Biden to bankroll half of the costs (pdf),” she said.

www.theepochtimes.com/ernst-gives-biden-squeal-award-for-sending-billions-in-federal-tax-dollars-to-california-rail-projects_5216633.html