Remember When You Could Afford Food? Just How Bad is Inflation Under Biden / Kamala?
Description
Join the discussion as we delve into the economic realities of the US under Biden and Trump. Breaking down fact-checking articles, inflation rates, wage changes, and the real cost of living, we offer a comprehensive analysis of the current state and future outlook, revealing the stark differences between recent administrations. From gas prices to rent, grocery costs to home ownership, we uncover the underlying trends and dissect the implications for everyday Americans. Don't miss this deep dive into the numbers that impact your life and the upcoming election.
Malcolm Collins: [00:00:00 ] Hello Simone. I'm excited to be here with you today. Today is election day in the United States. You're running for office and so is Trump.
So you all get out there, vote or die
Vote or die, what the hell does that even mean? What you think it means, b***h.
Malcolm Collins: because this last four years has begun to feel. Like that scene from Oliver Twist,
Good Lord, it's good. Don't care what he looks like.
Malcolm Collins: where I just, in my mind, I wish the ad that the Trump campaign had played is what I'm putting on screen here, which is just Kamala laughing in the background, and it says, remember when your family could afford food.
Because we have seen like the Democrats will be like, oh, the economy is great under Biden and Kamala. And Kamala has said that she's not going to change much. So I wanted to go through the real inflation numbers, the real price of things under [00:01:00 ] the two administrations and not the, because there have been some inflation numbers that Republicans have sent around that are really massaged to look good for Trump.
Which. I think undersell things because then you're looking at them, you know, they're massaged. So, you know, this is as good as they could honestly make them look for Trump. So I'm going to start this by going over fact checker with an article titled viral posts, site misleading economic data to compare Biden and Trump presidencies.
To be taking down those ones that make Trump look really good.
Simone Collins: Right.
Malcolm Collins: And we'll go into the numbers that they give for Biden in the various areas, because I think through seeing the most rosy possible numbers that somebody could give Biden,
Simone Collins: right,
Malcolm Collins: you would be horrified for another four years of this.
Simone Collins: Okay. Wow. More so than
Malcolm Collins: you probably think. All right. We identified the national average price of regular gasoline at the pump 2.
48 [00:02:00 ] under Trump.
And overall, the national gas price increased by 2. 3 percent over the course of Trump's presidency. So under Trump for gas, 2. 48 average, 2. 3 percent increase.
Simone Collins: Right off the bat, this is insane to me because I'm hearing that and I'm like, No gas in the U. S. Was never that inexpensive.
Malcolm Collins: That's impossible.
Hold on. And, and, and keep in mind, they're massaging the numbers for Biden here. , the average price of gasoline under Biden was three 50 and under Biden's presidency, they increased 46. 2%. Well, yeah, we've been paying 4 at the pump. Like recently, I know they increased 46. 2 percent and the average was three 50.
Simone Collins: Yeah.
Malcolm Collins: So the, the, at the end of the cycle, it's going to be higher, obviously. Yes, yes. The highest recorded price under the Biden's administration was at $5 in 1 cents. Yeah, that sounds about right. . So they went from 2 48 under Trump to $5 under [00:03:00 ] Biden and under Trump, they increased. 2. 3%. Under Biden, they increased 46.
2%. And keep in mind, that was a full four years of a Trump's presidency. And this is like three and a half years of a Biden presidency. All right, let's look at home ownership. All right. So if you look at Zillow's rent index for changes in Single family homes. They identified the average home rent price under the Trump administration as $1,488 as compared was $1,884 under Biden.
According to Zillow's Index, home rent prices for single bedroom houses increased 50 percent under Trump administration and 30 percent under the Biden administration. Like how do people afford this when it's increasing that much? Hold on. It's all going to get worse when we go to pay increases under the two administrations.
I think a lot of people have in the back of their heads. Well, yeah, but pay probably increased more. What pay [00:04:00 ] increases though? Oh my gosh. Okay. Now let's look at a different way of looking at this. The BLS also track, rent prices increased by 13. 6 percent over the entire Trump administration and by 21. 5 percent over the first three years of the Biden administration. So again, almost double there. Now let's, let's look at the NASDAQ, the stock market aggregated on a daily basis. The NASDAQ increased about 0.
14 percent per day under Trump and 0. 04 percent under Biden. So terrible terrible under biden. Okay, let's keep going here To measure grocery prices. Under trump grocery increased in price by 6. 5 Under biden by 20. 9
Simone Collins: Okay, that makes a lot of sense now I feel a lot less gaslit based on these numbers because i'm hearing a lot of discussion now Especially leading up to the election that prices aren't that different, but I keep thinking, no, I, they're
Malcolm Collins: [00:05:00 ] just lying to people.
It's so bad.
Simone Collins: Yeah,
Speaker 11: Democrats act like this is the nineties and they're working under the old rules. The new rules are these attack, lie, don't get caught. Machiavelli wrote the Prince for the rulers.
Well, we're rewriting it for us.
Malcolm Collins: But yeah, they're just lying, lying,
Simone Collins: lying. That is. Insane, but also I didn't realize just how bad it was because I know things cost more, but I think I'd forgotten at this point. I've even successfully been gas lit to the extent where when you said that gas prices were on average about 2.
5 dollars in the US under Trump. I was like, I couldn't believe it grocery prices too, but now I feel like less of an idiot because every time you and I go to a restaurant, for example, or to a grocery store, I think I can't afford this, or this, this used to be the price of a. Michelin star restaurant in the heart of Manhattan.[00:06:00 ]
But we are out in the boonies in Pennsylvania at like a wing bucket. You know what I mean? Like this is not.
Malcolm Collins: Yeah. No, no, no. Seriously. They'll be like, Oh, this is like 25 for an entree at like a medium restaurant. And it's like, this was literally what Michelin star restaurants used to charge. I'd say a
Simone Collins: 25 entree was, I think I remember seeing those prices at restaurants like log runway, which was one of the most.
expensive, fancy restaurants in all of New York City that we've ever eaten that was like such a thing you dress up to go is a big deal. And what makes me so concerned about this too, is Well, you and I basically since the pandemic have stopped eating out period unless it's for a business dinner that we have to go to and we have to meet at a restaurant because otherwise we just have people come to our house and we inflict our food upon them.
We. We don't see that same change in the average American. The average American is still eating out with their [00:07:00 ] family on a semi regular basis, if not on a very regular basis. When I hear quote, unquote, normal people talking about their lives, they're door dashing, they're Uber eatsing. They are, so they're getting delivered restaurant food.
So not only restaurant food, but restaurant food that they're paying delivery fees for. Well,
Malcolm Collins: and it shows you how entitled people are. There was a campaign a while ago. We're after the pandemic, people were saying that DoorDash should be like a human, right? This is progressives saying that the government should pay for our DoorDash.
Because they didn't like to like that. They could get triggered if they go out in public or they could, you know,
Speaker: A few weeks back, this retard showed up with this take, comparing food delivery to vaccines and medicines, as in her view, they are all the fruits of progress that should be considered essential, despite not existing in previous eras, because times and standards have changed. , if you're against them being made into a human right, you're ableist. The discourse culminated with this furry claiming that he [00:08:00 ] orders DoorDash because his polycule is food insecure and too disabled to cook for themselves, even though DoorDash is really expensive, and food insecurity refers to people who are so poor they can't consistently afford food.
So this is all guy replies, some types of food are basic staples, see rice, pasta, veg, fruit, etc. Some types of food are more luxury items. Both can exist. No one has an automatic human right to be able to shop at Waitrose. It's a basic human right to afford all food. You can't pick and choose what people deserve.
The f**k is wrong with Oh my god. Listen
Malcolm Collins: people forget just how luxurious our lives are,
Simone Collins: that you, you could not get food delivered to you. There, there were certainly local pizza stores. That might do delivery rounds in a limited area, or sometimes Chinese food did deliv