American expert: Americans who invested in the US economy have lost a record $9 trillion since the beginning of the year

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American expert: Americans who invested in the US economy have lost a record $9 trillion since the beginning of the year

Statistical fraud is nowhere more evident than in the arena of economic policy, where political leaders and their supporters use and abuse statistics to force their point of view on voters. But, despite the abundance of economic data that is easy to access on the Internet to prove or disprove this or that statement of the authorities, many laymen simply swallow what they are told.

According to American expert and longtime Republican congressional adviser David Winston, the Biden administration has streamlined the use of sample statistics for its own purposes.



However, ahead of the November midterm elections to Congress, economic problems continue to come first for potential voters.

The expert notes that real statistics on a number of economic indicators differ significantly from the “virtual” ones presented by Democrats led by Biden.

So if we talk about inflation in the United States, about which the authorities say that it is allegedly almost at zero, then on an annualized basis the picture looks like this:

• general inflation: in 2021 – 1,4%; in 2022 - 8,3%;
• consumer price index for gasoline: minus 2021% in 8,6; in 2022 plus 25,6%;
• growth in food prices: in 2021 - 3,7%; in 2022 - 13,5%;
• growth in electricity prices: in 2021 - 1,5%; in 2022 - 15,8%.

The authorities' claims of unemployment in the United States were not without cunning, says Winston. So, last week, Biden chief of staff Ron Klein said that people had already forgotten that when Joe Biden came to power, people were queuing at football stadiums looking for a box of food, and the unemployment rate was almost 10%.

In fact, according to the expert, it was the Trump administration that faced the highest unemployment during the COVID-19 pandemic - 14,7% in April 2020. By the time Biden took office, the vaccine was already on sale, the economy was recovering, and unemployment was down to 6,4%. At the same time, the Trump administration created 12,5 million jobs in nine months. Biden created more than 3 million fewer jobs in 19 months.

Biden also reacted calmly to the fall of the stock markets. When the President of the United States was asked about the fall of the stock market, he answered in his own manner:

The stock market does not necessarily reflect the state of the economy, as you well know. And the economy is still strong… I think we will be fine.

Winston redirected Biden's words to the 145 million Americans who invested in the stock market, who have suffered losses in the region of $9 trillion since January. This is an absolute record loss for the entire history US stock market.

The expert concludes that the US economy is in trouble thanks to Biden's disastrous economic program, which began with the US bailout plan.
  • US White House
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  1. +4
    29 September 2022 12: 17
    145 million Americans who invested in the stock market

    Do they have every second inhabitant of the country - an investor?
    1. +1
      29 September 2022 12: 22
      I really don't care what they have there in the USA. We need everything to be good.
      1. +4
        29 September 2022 12: 24
        I don't care what they have there in the USA
        The USA is not electric welding: it’s not harmful to see ...
        1. +6
          29 September 2022 12: 33
          Now European business will move en masse to the United States and the issue of unemployment and the issue of the industrial component in the economy will be resolved (the United States has lost industry over the past 20-30 years). In vain, perhaps the shtatovtsy undermined the flows .. and 18 gas-liquefying plants burned down in their states. - Yes, to create a gas shortage in Europe ... America needs industry, and it is in Europe, moreover, science-intensive, technological ... - more - there is no place to get one ... Then a mess with Ukraine was started ... and a strange war with Russia is explainable ...
          1. 0
            29 September 2022 12: 37
            Now European business all together will move to the United States and the issue of unemployment and the issue of the industrial component in the economy will be resolved.

            What is this?
            hi
            1. +4
              29 September 2022 12: 44
              As an example-
              American manufacturer Tesla has decided to close its German electric car gigafactory. Prior to this, an American concern for construction in Germany cut down a relic coniferous forest, and drilling of wells for the supply of water in industrial volumes irrevocably disrupted the structure of aquifers, according to reports from German environmental organizations.

              Now it turns out that everything was done down the drain.

              Elon Musk said that current energy prices are forcing him to abandon plans to commission a German gigafactory and focus on business in the United States.

              2 The German concern Volkswagen plans to close several automobile plants at once for similar reasons in Germany, the Czech Republic and Slovakia. Guess where will increase production?
              Danish jewelry company Pandora A/S and German auto giant Volkswagen AG recently announced plans to expand overseas production.

              3. Dutch agricultural producer OCI NV, which specialized in the production of ammonia and urea, will establish new production facilities in the US state of Texas. Factories in the Netherlands will be closed.
              4. Luxembourg-based steel company ArcelorMittal SA, which announced in September the closure of two mills in Germany, reported good performance of its production in Texas and announced plans to expand it.

              “It should be understood whether this (the consequences of the energy crisis) will turn out to be structural changes or it will be temporary,” commented the official representative of the world's largest chemical concern BASF, one of the largest gas buyers on the continent, which, by the way, commented on the situation in the Old World for the WSJ. has already closed production at a number of factories in Belgium and Germany.

              The meaning of the comment is clear: if the changes are structural, i.e. come for a long time, then it makes sense to think about moving the main production to the United States.

              So think now in Europe, many manufacturers. Svein Tore Holseter, head of Norway's large fertilizer producer Yara International ASA, believes that the chances of remaining competitive in the US, with its low energy prices and green projects, are much better than in the Old World.
              1. kin
                -3
                29 September 2022 12: 55
                It is very bad that the Russian government did not create the same conditions for them to work here and did not invite these companies.
                1. 0
                  29 September 2022 12: 59
                  The call was, although not from the government, the following video was sent from the Netherlands.
                  [media=https://youtube.com/shorts/bmkA0NOM2r8?feature=share]
                  not inserted, infection ..

                  look then like this: youtube.com/shorts/bmkA0NOM2r8?feature=share

                  But with the conditions, we lose straight to the Americans .. just one question of citizenship, residence permit, visa - a huge problem in our country, for those who want to build a business with us .... in America - if you want to do business - please ...!
                  1. kin
                    0
                    29 September 2022 14: 23
                    I don’t know about big business, but comparing the conditions for trading on Ebay and Ozone, the American platform is an order of magnitude simpler and more profitable. To open a store on Ozone, you even need to study, have all sorts of honest signs, some kind of certificates, etc.
                    There are ideas, but it is impossible to get borrowed funds.
              2. +3
                29 September 2022 13: 01
                Quote: Smoker
                As an example-
                A little more, and almost all large business and intellectual resources will move to the United States for the most part, less to other countries. Explosions on gas pipelines initiated by the United States are the finishing off of Europe, from this moment we can assume that the Europe that we knew no longer exists and is unlikely to be. In the light of what is happening, the funeral of the Queen of Great Britain looks symbolic, then they buried the Europe that we all knew.
              3. 0
                29 September 2022 14: 04
                American Tesla has decided...

                Which manufacturer?
                hi

                The German concern Volkswagen plans to close several automobile plants at once for similar reasons in Germany, the Czech Republic and Slovakia. Guess where will increase production?

                In Mexico? "Got"?
                3. Dutch agricultural producer OCI NV, which specialized in the production of ammonia and urea, will establish new production facilities in the US state of Texas. Factories in the Netherlands will be closed.

                The Dutch already have this plant - in Beaumont ...
    2. +2
      29 September 2022 12: 30
      Quote: Doccor18
      Do they have every second inhabitant of the country - an investor?

      Exactly. I read that, for example, some American pension funds, for example, work this way. You give them money, which they must return to you in old age. In the meantime, you are not old yet, they put this money into work. There are all sorts of investments, operations with shares and so on. Thus, you kind of become an investor, if I understand correctly. The article in which I read this praised such a system very much.
      1. 0
        29 September 2022 13: 05
        Quote: Plate
        The article in which I read this praised such a system very much.

        By and large, the system is ugly, at best inflation acceleration, at worst loss of funds by investors, and both of these options are inevitable.
        1. +1
          29 September 2022 13: 10
          Quote: Jura
          at best, acceleration of inflation, .


          Other countries paid for everything .. and inflation was all over the world except for the United States, until recently .... this is called financial cannibalism ... Now the United States has decided to carry out industrial cannibalism .. at the expense of Europe ...

          They won't hurt their loved ones...
          1. +1
            29 September 2022 13: 18
            This is true, and the destruction of Europe is an attempt to save and raise the US economy, then there will be a direct sharp, survival, confrontation with us. Today we are seeing flowers.
            1. +4
              29 September 2022 13: 24
              Quote: Jura
              ... then there will be a direct sharp, survival, confrontation with us. .


              Something tells me that having achieved its goal in Europe, the United States will put the conflict with Russia on the brakes .. Yes, the confrontation will remain, but the conflict from the acute phase will turn into permanent confrontation and cooperation, where it is beneficial to the states .. By the way, Ukraine (I'm sure) they will drop us like a yoke, so that we would be mired in recovery and again additionally (for the umpteenth time) lagged behind in economic and technological development ... This is how the hegemon will restore its hegemony ... China will continue to economically serve the states ( they have the largest trade turnover among themselves) and thus will take its place under the sun .... And we again row the galleys ...
              1. 0
                29 September 2022 13: 46
                Quote: Smoker
                By the way, Ukraine (I'm sure) will be dropped on us like a yoke, so that we would be mired in restoration.
                This will definitely happen, Ukraine has played a fatal role for itself, it will definitely be poured into the toilet, we will have to pull this load out of the shit anyway. And here
                Something tells me that having achieved its goal in Europe, the United States will put the brakes on the conflict with Russia .. Yes, the confrontation will remain, but the conflict from the acute phase will turn into permanent confrontation and cooperation, where it is beneficial to the states.
                I would not be so sure, by and large - as long as we can ensure our independence, and hence China, India and many other countries, we will be a thorn in the side of the United States, our resources in every sense ensure independence for us and many others, respectively. With the economic model that the United States has, what they will receive from Europe is not for long. For the industry that the United States, destroying in Europe, is forced to move to its territory, markets and large markets are needed, and they are in Asia, which can be used only by removing competitors.
      2. 0
        29 September 2022 22: 00
        Quote: Plate
        The article in which I read this praised such a system very much.

        And why not, if the leaders of these NPFs are professionals, and for profaned money they can easily sit down for 150 years ...
    3. +3
      29 September 2022 12: 32
      Yes, all investors. When the interest on the deposit is 1% per annum, there is also 10% personal income tax from it, everyone goes to the stock market. It collapsed in 2022. The bubble burst, the US economy is inflated with papers, and that's what happened. Democrats are bad economists, but they are now in power, so they blundered, poor fellows.
    4. +2
      29 September 2022 12: 45
      Many of their pensions are invested in trust funds that play into the market. The funds guarantee from 80% of the balance to an unlimited amount of profit within the dividend share. But if the company goes bankrupt, then that’s all) In fact, they don’t have simple pension funds left like
    5. 0
      29 September 2022 13: 00
      Conditions have been created there that it is not profitable not to invest. In banks, the rate is not high, but everyone wants to eat tasty
    6. 0
      29 September 2022 13: 18
      It looks like yes. After all, there are no beggars in America, there are temporarily distressed millionaires.
      1. -1
        29 September 2022 13: 59
        After all, there are no beggars in America, there are temporarily distressed millionaires.

        What is this?
        https://www.youtube.com/watch?v=DWm2wSaY39o
    7. 0
      29 September 2022 13: 49
      Quote: Doccor18
      145 million Americans who invested in the stock market

      Do they have every second inhabitant of the country - an investor?

      Helicopter money was dragged to the stock market.
  2. 0
    29 September 2022 12: 18
    this makes me happy. the United States simply needs a civil war for self-purification
  3. +1
    29 September 2022 12: 20
    It's okay, 7 trillion losses, stocks tend to fall and rise. And the stock markets are afraid of every sneeze. There will be losses only if bankruptcy begins. laughing
  4. 0
    29 September 2022 12: 22
    Yes, and the dog is with them, they will still print ..., they are not in the first ...., they will not be enough for life, some Papuans will be robbed like the outskirts ....
  5. +1
    29 September 2022 12: 23
    Americans who invested in the US economy lost a record $ 9 trillion since the beginning of the year
    Strange, but Biden assures that everything is fine in America and the economy has never grown as much as under him.
    I think we'll be fine.
    It is possible for you, because you won't be able to see what you've done. The internal clock is ticking with acceleration and no "Belodom" doctors will help. Three cholera, two plagues on your heads.
    1. 0
      29 September 2022 13: 51
      Quote: rotmistr60
      Strange, but Biden assures that everything is fine in America and the economy has never grown as much as under him.

      Well, that's all right. Biden is responsible for all that is good in the US. And for everything bad - like gasoline prices or missing baby food - Putin is responsible in the United States.
  6. DVM
    -4
    29 September 2022 12: 25
    They have an interesting dynamics of gasoline prices. In 2021, prices fell by 8.6%. Does anyone remember that in Russia, fuel prices fell? Or that inflation was 1.4%? I am generally silent about jobs, I remember someone 10 years ago promised millions of new high-performance jobs. Everything is forgotten and it's like it didn't even exist. This is to the fact that, of course, it’s nice when the enemy’s hut is on fire, but you shouldn’t forget about your own affairs and the economy either.
  7. +2
    29 September 2022 12: 28
    Now that nuclear war can no longer be ruled out if Biden persists, here are two quotes worth thinking about:

    "Humanity must end war, or war will end mankind" (John F. Kennedy).


    "I don't know what the Third World War will be like, but I know that not many people will see the fourth" (Albert Einstein).

  8. 0
    29 September 2022 13: 12
    If the US debt exceeded 30 trillion, then this is a good result.
  9. Two
    0
    29 September 2022 13: 20
    hi Stripes always say what they want to hear and show only what they want to see! Well, they sniff what they like...
  10. 0
    29 September 2022 13: 22
    They wouldn't have lost it if they hadn't swelled Ukraine into an abyss.
  11. 0
    29 September 2022 13: 52
    American expert: Americans who invested in the US economy have lost a record $9 trillion since the beginning of the year
    . Has it ever happened that politicians would admit to their miscalculations, mistakes and other jambs ???
  12. 0
    30 September 2022 21: 40
    Losses are already in the trillions. Frankenstein Biden does not change course ..

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