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Smoke And Mirrors: What Happens After Biden’s Economic Manipulations Disappear? A: Trump gets the blame for a collapse because the economic truth is finally reported.

Posted by freedomforall 7 months, 1 week ago to Politics
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Excerpt:
"we have come to a crossroads in our election process where anything is possible (whether real or engineered). I suspect that if Trump enters office once again there will be a multitude of changes to our economic data and they will happen quickly. Some of the rigging is already being exposed, just not on a level where the majority of the populace is aware of it.

Some examples of this rigging include:

Biden’s steady sale of US strategic oil reserves in order to drive down energy and gas prices, thereby artificially reducing CPI (official monthly inflation numbers). By June of this year Biden had sold off at least 50% of the nation’s emergency oil supply just to keep CPI down a few points. Keep in mind, bringing down the CPI does nothing to cut the real inflation that has already accumulated in necessities (30%-50% higher prices depending on the product or service).

Then there’s the manipulation of BLS unemployment data to show millions of new jobs that don’t actually exist. After it was announced that Biden was no longer the Democratic candidate, suddenly the US Payroll has been revised down by over 818,000, likely with more revisions to come. Meaning, Bidenomics was being fluffed with fake job creation.

An even greater concern is the fact that all new jobs created for the past several years have been going to illegal aliens, not legal citizens. In fact, since October of 2019 native-born US workers have lost over 1.4 million jobs. Over the same period, migrants illegally residing in the US have gained 3 million jobs. The new narrative among leftists is that this is a good thing; they claim that the US needs illegal immigration and open borders in order to support the jobs market and “bring down inflation.”

I’m doubtful that the jobs boost to illegals is real, either. More likely the migrant jobs data is rigged because it’s much harder to track and confirm. But these people don’t seem to understand how inflation works – Greater population means higher resource demand, and that helps drive up prices (as we’ve seen in housing). It doesn’t bring prices down, nor does it reduce the existing money supply.

It should also be noted that full time jobs numbers have plunged while part time low-wage jobs have increased. These are the kinds of issues no one in the Biden Admin is talking about.

Finally, rising GDP is often cited as a key indicator of a vibrant economy, but what the “experts” rarely mention is that GDP is rigged by the inclusion of government spending. The more federal and state governments tax, borrow and spend, the higher GDP goes. Currently, government spending accounts for at least 36% of GDP (officially) in the US.

It makes it look like America is more successful than ever but this is based on the government taking more cash from the public, printing more money and going into greater debt, then throwing that cash away with wild abandon in order to prop up the numbers.

Goldman Sachs recently made a statement that under a Harris regime GDP would go up and under Trump GDP would take a big hit. They are right, in a way, but they don’t explain the real reason why this is the case.

If Trump follows through on his fiscal responsibility policies (Elon Musk has been tapped to head up investigations into government efficiency), then OF COURSE we’ll see a drop in GDP. It would mean government spending will go down and the rigging of GDP will end. With Harris, government spending will skyrocket and so the GDP bubble will continue to grow. In fact, Harris will be incentivized to increase government spending in order to hide greater deflation in GDP.

Trump’s arrival in the Oval Office will result in a hailstorm of bad economic data, and most of this will be due to the sudden end of statistical manipulations that have been in place for the last four years. We are currently in the midst of a tone-shift in which recessionary forces are pressuring markets more than inflation. But don’t be fooled…

As soon as the Federal Reserve cuts rates inflation will spike again, and if Trump is in office a CPI jump will be even more pronounced. Biden’s oil reserve dumps will be over, no longer anchoring CPI. We will continue to see inflation in necessities with deflation in other areas including jobs and GDP. That’s what happens during a stagflation crisis.

With Harris the same problems will occur, they just won’t be reported and the stats will not reflect the truth. With Trump, the stats will be more transparent and the media will howl about how conservatives are destroying the economy. The game plan is obvious."


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  • Posted by 7 months, 1 week ago in reply to this comment.
    Government lied about Social security, and you think people should just accept the lies when
    the government robs them of their lives after working diligently for 50 years?
    Just accept the "judgement" of a treasonous SCOTUS that can't even understand
    the US Constitution and their responsibility to defend the rights it guarantees
    and the strict limits on government it requires?
    I say, it's about time somebody didn't accept the lies.
    Young people should be surrounding D.C. and cutting off all escape routes for the treasonous scum.

    Yes, bite the bullet. Instead of expanding the military (again), cut it down by 90%.
    Pay off people (who have been robbed for years), and give those under 45 incentives
    to save for their retirement. Don't let Wall St control retirement funds! Let people decide
    their own fate without any safety net that enriches politicians, bureaucrats, and banksters.
    Kill off medicare, medicaid, and obamacare. Kill off the banking cartel.
    Kill all new college loan guarantees and tell the big banks to eat the debts
    that they conspired to create with money created from nothing.
    Those already on SS should have their current benefits guaranteed and forever limited
    to $24k/yr per retired couple and offer a payout encouraging exit for those already receiving
    greater amount. Obviously this is not a complete solution and refinements should be
    added for those actually dependent on current benefits.
    But the bleeding must be curtailed with a tourniquet to save the body of the republic.
    Reply | Permalink  
  • Posted by mhubb 7 months, 1 week ago in reply to this comment.
    today, to declare the welfare state unconstitutional will throw the nation into civil war

    people still think they are owed social security, even after at least 2 SCOTUS cases that say that money is not owed

    i do not know how to end it, doing the least harm
    allow people to opt out?

    hard time limit for welfare of 5 years, no more after that, you can take it for any reason, but no more after 5 years?
    Reply | Permalink  
  • Posted by 7 months, 1 week ago in reply to this comment.
    They should have declared the fed unconstitutional in 1913, but they were probably bought like the con-gress was.
    Reply | Permalink  
  • Posted by mhubb 7 months, 1 week ago
    part of why i believe the collapse on the economy cannot prevented in the long term

    we simply ran out of other people's money a long time ago and we (the government) has been creating money out of nothing and that bill will come due. most people jusr did not care this was happening, SCOTUS allowed the Constitution to be violated in the creation of the Welfare State
    Reply | Permalink  

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