WHEN COMBINED, STATE, COUNTY AND CITY, CA HANDS OUT NEARLY $50 BILLION YEARLY TO ILLEGALS TO KEEP THEM COMING AND VOTING DEM FOR MORE. IS IT WORKING? LOS ANGELES IS MEXICO'S SECOND LARGEST CITY!
California's governor, Gavin Newsom, scoffs at inflation as 'a conservative lie'
California is the land of fruits and nuts and now its governor has come to show us.
Check out this headline and its story:
Newsom Suggests Inflation Is a Conservative Lie
Newsom also claimed that the 18 percent increase in the average hourly wage compared to three years ago is “nearly the best 3-year gain in 40 years.”
The cost of things goes up a specific amount while people don't get to keep their entire wage increase.
So when Newsom says that wages have increased 18% the last three years, which is a clear exaggeration, he should admit that because of taxes, especially in California, they probably only keep around two thirds of that, or 12%, and their buying power drops substantially.
Real wages under Trump rose substantially, especially for those at the bottom, because his energy, tax, and regulation policies kept overall inflation low.
It is a true shame that Newsom and other Dems care so little about the poor that they sought to destroy Trump every day with lies.
Here are the lies that were told after Biden took office and inflation skyrocketed to forty-year highs.
First, the Biden administration said inflation was transitional.
Then they blamed the supply chain, but that isn't true, either, because the supply chain was screwed up in 2020 and inflation was still below 2% before Biden took office.
Then they lied that it was because Biden's policies had turned the economy around when it was already rapidly growing in the last six months of 2020 before Biden took office.
Then they lied and blamed Russia. They love playing the Russian card. The problem is inflation took off as soon as Biden took office, a year before Russia invaded Ukraine.
They blamed the price of oil and "greedy" gas station owners, which was utterly wrong, but they didn't help the situation by constraining supply through their bans on drilling and their begging to the world's dictators to drill for us instead.
Inflation took off because of Biden's government kept throwing more money out for government programs and hiring, printing money in the process, even after the economy was rapidly growing.
Sadly, most of the media just regurgitate Democrat lies.
Image: Pixabay / Pixabay License
Polls Show Voters Mourn Loss of the American Dream
The American dream holds that every citizen of the United States has a fair opportunity to achieve equal measures of success and prosperity through hard work, determination, and initiative.
Intergenerational progress then ensures succeeding generations not only share in that success but build on it and will be better off than their parents.
Two polls run counter to that perceived wisdom with more Americans despairing their hard work will deliver less and their children will not be better off than their forebears.
The Wall Street Journal asked respondents whether they believe “the American Dream — that if you work hard you’ll get ahead — still holds true.” The results show:
- Just 36 percent said it does hold true vs. 18 percent who said it never held true and 45 percent who said it once held true, but not anymore.
- Compare that to surveys in 2012 and 2016, when 53 percent and 48 percent respectively said the American dream held true. Those polls were taken by a different pollster, PRRI, with different methodology, but the downward trend is clear.
A notable gap exists in the belief in the American dream among different key demographics although there is a shared disappointment in the ability to do well in an economy that appears stacked against lower paid workers, as Breitbart News reported.
Women were more pessimistic about the state of the American dream than men, according to the WSJ poll, while younger people were much more pessimistic than those over 65.
The survey underscores a growing sense of economic insecurity and skepticism about the path to better living standards.
Half of the voters feel life in America has worsened over the past 50 years and believe the political and economic system is stacked against them.
FLASHBACK Trump Declares “Trainwreck” Biden Has Managed to “Kill the American Dream”
C-SPAN
Compared to previous polls, the percentage of people who believe the American dream was never a reality more than doubled.
In another NBC poll, a record-low 19 percent of respondents said they were confident their children’s generation would be better off than their own.
That’s the lowest level the poll has recorded on this question dating back to 1990.
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